Core Viewpoint - Interactive Brokers is experiencing significant growth, outperforming both the S&P 500 and major competitors like Nvidia, making it a compelling investment opportunity. Company Performance - Interactive Brokers was added to the S&P 500 in August, replacing Walgreens Boots Alliance [2] - The company reported a record 4.13 million client accounts, a 32% increase year-over-year [4] - Customer equity reached a record $757 billion, up 40% from the previous year [5] - Share trading volume increased by 67% in Q3, with 3.62 million daily active revenue trades processed, a 32% year-over-year rise [6] - The margin loan book grew by 39% to $77.3 billion, indicating strong investor confidence [7] Financial Results - Total revenue for Q3 was $1.65 billion, representing a 21% growth from the previous year [8] - Earnings per share increased by 40% to $0.59 [9] - Commission revenue rose by 23% year-over-year to $537 million [9] - Net interest revenue grew by 21% to $967 million [9] Growth Potential - The company has seen at least 30% growth in its customer base for four consecutive quarters [12] - Despite potential headwinds from falling interest rates, the growth in the margin loan book is currently offsetting these challenges [12] - The stock has generated a return of over 760% since its IPO in 2007, significantly outperforming the S&P 500's 340% return over the same period [13]