Strong Financial Performance: The company reported record net revenues of $516 million in commissions, a 27% increase YoY. Net interest income also reached a record of $860 million, reflecting strong trading volumes and growth in client engagement. This resulted in a pretax income of over $1 billion for the third consecutive quarter, indicating robust profitability.

Client Growth: Interactive Brokers added 250,000 net new accounts in the second quarter, bringing year-to-date totals to over 528,000¡ªmore than the entire previous year. This growth reflects a 32% increase compared to the previous quarter and underscores the company¡¯s ability to attract and onboard new clients effectively.

Increased Cash Balances: Client credit balances increased by 34% YoY to a record $144 billion, driven by a combination of new cash deposits and a risk-off environment encouraging clients to hold more liquid assets. This provides the company with a strong capital base to leverage for growth and investment opportunities.