Interactive Brokers Group, Inc. (IBKR) Goldman Sachs 2025 U.S. Monetary Providers Convention December 10, 2025 10:40 AM EST
Firm Members
Thomas Peterffy – Founder & Chairman
Presentation
Unknown Analyst
Okay. Let’s get began right here. So we’re extraordinarily happy to have Thomas Peterffy, Founder and Chairman of Interactive Brokers, be a part of us once more for a hearth chat. Thomas based Interactive Brokers 48 years in the past. He was instrumental within the creation of digital market making, then within the evolution of retail brokerage and now innovating in areas, together with some very novel merchandise like prediction markets. Interactive Brokers stays a uniquely rising brokerage agency, servicing retail and institutional purchasers throughout almost all merchandise and providing a singular tech-enabled platform. Thanks a lot for becoming a member of us, Thomas.
Query-and-Reply Session
Unknown Analyst
Okay. So Thomas, you’ve got seen many cycles over the previous 48 years of constructing Interactive Brokers. What are you seeing from the market right this moment on the place we’re within the financial cycle and in addition by way of danger urge for food out of your purchasers?
Thomas Peterffy
Founder & Chairman
So not like David Kostin, it’s not my job to have to determine which approach the market goes to go. However I do admit that I do typically do trades for myself, and you may be shocked to listen to that my brokerage account is with Interactive Brokers. And the explanation for that’s that they’re the one ones the place I can get out and in of enormous positions comparatively unnoticeably with out being entrance run as a result of they’ve — what do you name this, Argo — Argo orders known as accumulate, distribute the place you may get into a big place with out being detected and you may do away with it with out being detected. And you are able to do so over a number of hours or days or months routinely by saying that you’ll purchase, say, 500,000
