Interactive Brokers Logs Higher Profit, Revenue as Trading Volume Climbs

Interactive Brokers Group IBKR -1.79%decrease; red down pointing triangle posted higher profit in the third quarter as traders continued to pour into stocks and options.

The online brokerage platform said Thursday that client trading volumes in stocks and options climbed 67% and 27%, respectively, in the quarter. Futures volume, meanwhile, decreased 7%. Customer accounts increased by 32% to 4.1 million, with customer equity up 40% to $757.5 billion.