Interactive Brokers Launches IBKR Desktop Trading App by Investing.com


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GREENWICH, Conn. – Interactive Brokers Group, Inc. (NASDAQ:IBKR), a global electronic brokerage firm, announced the launch of its new trading application, IBKR Desktop, for Windows and Mac users. The platform is designed to simplify the trading experience while offering the powerful tools the company is known for.

IBKR Desktop is the latest innovation from Interactive Brokers, which has a history of delivering cutting-edge technology for trading. The app aims to satisfy customers’ demands for a user-friendly interface without compromising on the sophisticated trading features the broker is known for. Milan Galik, CEO of Interactive Brokers, highlighted the company’s commitment to leveraging its brokerage expertise and the latest user interface advancements to deliver a platform that caters as well to novices as it does to experienced traders.

The new platform provides global access to trading stocks, options and futures in more than 150 markets. It introduces proprietary trading tools such as MultiSort, which allows users to sort data using multiple factors simultaneously, and Option Lattice, a graphical display of the options chain that highlights potential outliers in key parameters.

Interactive Brokers is dedicated to the continued improvement of IBKR Desktop, with plans to add more product support and integrate more advanced tools. This initiative is part of the company’s strategy to ensure its customers a competitive advantage in the world of commerce.

Alongside the app launch, Interactive Brokers has developed the IBKR Desktop Trading Course. This free course consists of 10 lessons covering various aspects of the platform, including placing orders, viewing news and research, and customizing charts and displays.

This announcement is based on a press release from Interactive Brokers Group, Inc.

InvestingPro Insights

Since Interactive Brokers Group, Inc. (NASDAQ:IBKR) unveils its IBKR Desktop platform, the company’s financial metrics reflect the innovative spirit of its technology offerings. A highlight of InvestingPro’s data is the company’s impressive revenue growth, with the last 12 months to Q4 2023 showing a significant increase of 37.04%. This growth is a testament to the company’s ability to expand its market reach and adapt to the changing needs of retailers.

InvestingPro’s advice suggests that IBKR currently trades at a low price-to-earnings (P/E) ratio relative to near-term earnings growth, with a P/E ratio of 18.89 and a P/E slightly adjusted 19.17 for the same period. . Additionally, the company’s commitment to shareholder returns is evident after paying dividends for 15 consecutive years. This financial discipline and investor-friendly approach may appeal to those seeking stability in their investments.

Another metric that stands out is the company’s gross margin, which reached a remarkable 90.16% over the past twelve months (Q4 2023), underscoring the company’s efficiency and strength in its business model. Additionally, the InvestingPro Fair Value estimate stands at $141.1, suggesting upside potential from the previous close of $107.09.

For investors intrigued by these prospects, other InvestingPro tips are available that provide more in-depth analysis and forecasting. In total, there are 9 additional tips listed in InvestingPro for Interactive Brokers, which can be found at https://www.investing.com/pro/IBKR. To get full access to this information, use the discount code PRONEWS24 to get an additional 10% discount on an annual or semi-annual Pro and Pro+ subscription.

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