Interactive Brokers' second-quarter net profit surges 35%
Benefiting from the strong rebound in U.S. stocks and frequent trading activities in the second quarter, the latest financial report released by Interactive Brokers, a well-known online broker, showed that its net profit in the second quarter reached US$312 million, a year-on-year increase of 35%. The company's net interest income increased by 23% to US$1.06 billion in the quarter, and the average daily revenue transaction volume climbed by 36% to 4.82 million transactions.
Benefiting from the strong rebound in U.S. stocks and frequent trading activities in the second quarter, the latest financial report released by Interactive Brokers, a well-known online broker, showed that its net profit in the second quarter reached US$312 million, a year-on-year increase of 35%. The company's net interest income increased by 23% to US$1.06 billion in the quarter, and the average daily revenue transaction volume climbed by 36% to 4.82 million transactions.