CHICAGO, Oct. 3, 2024 /PRNewswire/ -- ForecastEx LLC ("ForecastEx"), a CFTC registered Designated Contract Market ("DCM") and Derivative Clearing Organization ("DCO"), today announced the launch of Forecast Contracts on upcoming election results. These contracts allow customers of ForecastEx Members to trade their predictions on political outcomes, to either hedge against election related uncertainty, or profit from political insight. The election events available for pairing starting at 7:15 AM CT tomorrow ...

Interactive Brokers Group, Inc. (IBKR) has released the Electronic Brokerage segment’s performance metrics for September 2024. The segment deals with the clearance and settlement of trades for individual and institutional clients globally. It reported a rise in client Daily Average Revenue Trades (DARTs).IBKR’s September Performance BreakdownTotal client DARTs in September were 2,634,000, which increased 46.5% from September 2023 but fell 2.9% from the last month.On an annualized basis, the Cleared Average ...

Dublin, Sept. 27, 2024 (GLOBE NEWSWIRE) -- The "E-Brokerage Market Overview, 2024-2029" report has been added to ResearchAndMarkets.com's offering. The global e-brokerage market is undergoing a major transformation, with projected growth expected to reach USD 21 Billion by 2029, demonstrating a compound annual growth rate (CAGR) of 11.9% from 2024 to 2029. Technological advancements such as blockchain, big data analytics, artificial intelligence (AI), and machine learning (ML) are revolutionizing e-brokera ...

Interactive Brokers Group (IBKR) stock has been rallying since the Federal Reserve announced a jumbo 50 basis point cut in interest rates on Sept. 18. During yesterday’s trading session, the company’s shares hit an all-time high of $136.56 and closed a tad lower at $136.11, skyrocketing 64.2% year to date.This impressive rise has significantly outpaced the 17% rally of the industry it belongs to and the 19.9% growth of the Zacks S&P 500 composite.When compared with its close peers in the brokerage space, IB ...

In the latest market close, Interactive Brokers Group, Inc. (IBKR) reached $135.19, with a +1.63% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.28%. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.15%.The the stock of company has risen by 7.8% in the past month, leading the Finance sector's gain of 3.08% and the S&P 500's gain of 2%.Market participants will be closely following the financial results of Interactive Brokers G ...

Interactive Brokers Group, Inc. (IBKR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. S ...

In the latest trading session, Interactive Brokers Group, Inc. (IBKR) closed at $128.59, marking a +0.41% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.13% for the day. At the same time, the Dow added 0.55%, and the tech-heavy Nasdaq lost 0.52%.Heading into today, shares of the company had gained 5.97% over the past month, outpacing the Finance sector's gain of 4.44% and the S&P 500's gain of 3.67% in that time.The upcoming earnings release of Interactive Brokers G ...

The Federal Reserve is set to start cutting interest rates next week for the first time since March 2020. Historically, the S&P 500 Index has posted positive returns 86% of the time in the 12 months following the first rate cut of the cycle. Hence, the global electronic broker – Interactive Brokers (IBKR) – is solidly placed to perform well financially.In first-half 2024, IBKR garnered record commission fees as the equity markets scaled new highs on the back of clarity on several macroeconomic factors, driv ...

Alistair BergIntroduction Interactive Brokers (NASDAQ:IBKR) is a leading automated and electronic brokerage company that offers services globally. As a global player in financial markets, the company now has an established reputation for being a best-in-class broker and has situated itself as the premier low-cost alternative to competitor products. In the company's latest quarter, this competitive advantage was on display through growth in new accounts as well as an increase in client equity. While ther ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...