Interactive Brokers Group, Inc. (NasdaqGS:IBKR) is looking for acquisitions. The company regularly evaluates potential strategic investments and acquisitions. The company intends to continue making acquisitions on an opportunistic basis, generally only when the acquisition candidate will, in the company's opinion, enable the company to offer better execution alternatives to the company's current and prospective customers, allow the company to influence exchanges to provide competing products at better prices using sophisticated technology, or enable the company to acquire either technology or customers faster than the company could develop them on its own.
Interactive Brokers Group, Inc. is an automated global electronic broker. The Company custody and service accounts for hedge and mutual funds, exchange-traded funds (ETFs), registered investment advisors, proprietary trading groups, introducing brokers and individual investors. It specializes in routing orders and executing and processing trades in stocks, options, futures, foreign exchange instruments (forex), bonds, mutual funds, ETFs, and precious metals on more than 150 electronic exchanges and market centers. In addition, its customers can use it trading platform to trade certain cryptocurrencies through third-party cryptocurrency service providers that execute, clear and custody the cryptocurrencies. Its key product offerings include IBKR Pro, IBKR Lite, and IBKR Universal Account. IBKRPro offers the lowest cost access to stocks, options, futures, forex, bonds, mutual funds, precious metals, and cryptocurrencies from a single unified platform with no added spreads.