Interactive Broker (IBKR) – Trading in a Shrinking World

I still like Interactive Brokers (IBKR) as the purest play on a shrinking global trading world. I have been early. The stock is in no man’s land at the moment.

TraderMike took a technical look at the stock . I will buy more on strength but am holding tight with my stock bought in the high 20’s

Here is a good video that describes the service and company.

Interactive Brokers Group, Inc., together with its subsidiaries, operates as an automated global electronic market maker and broker. It specializes in routing orders, as well as in executing and processing trades in securities, futures, and foreign exchange instruments as a member of approximately 60 electronic exchanges and trading venues worldwide. The company provides direct access trade execution and clearing services to institutional and professional traders for various electronically traded products, including options, futures, stocks, ETFs, forex, and bonds. It offers continuous bid and offer quotations on approximately 324,000 securities and futures products listed on electronic exchanges.

As the world shrinks and 24 hour trading continues to grow, Interactive Brokers is well positioned in over 60 markets to remain a leader. My institutional friends that use Interactive swear by it. I am trying it out now.

On the downside, you should assume that a global bear market would hurt transactions and therefore the growth picture.

Disclosure – Long Interactive Brokers (IBKR) and I posted this last week also on Real Money.com