Company Achievements & Market Position - Interactive Brokers will join the S&P 500, replacing Walgreens [1] - The inclusion in the S&P 500 was a surprise, as the company is still largely owned (68%) by the original founder and has fewer than 3,500 employees [3][10] - The company's stock has increased by over 100% this year [6] - Interactive Brokers has 40% more revenue than Robinhood [13] Business Growth & Strategy - The company attributes its growth to the rise in options markets and its customer base of professional options traders [2] - Interactive Brokers aims for indefinite 20% customer growth without needing incremental capital [6] - The company plans to use its financial strength to venture into new areas, such as forecast trading [9] - Interactive Brokers focuses on serving professional traders, emphasizing the billions of dollars saved for this community over the years [14] Industry Outlook & Regulation - The speaker anticipates a great stretch for the next two to three years, partly due to the reduction of regulations that have burdened businesses [6][5] - The speaker believes there is a huge runway ahead for the entire industry globally, driven by increasing recognition of capitalism and free enterprise [7] - The speaker is in favor of central bank independence [17]
Interactive Brokers joins the S&P 500: Here's what to know