IB customer funds grow 13.54% in q4 after Refco

Discussion in 'Retail Brokers' started by just21, Mar 1, 2006.

  1. just21

    just21

  2. Xenia

    Xenia

    This means that IB customers made 13.54% (avg) per quarter ?
     
  3. JackR

    JackR


    No way to tell. The liability is just what IB owes its customers.

    The difference between balances in the reports just means IB has more money held for its customers. This could be due to new customers opening accounts, existing customers adding money to their accounts, and\or a growth in customers equity.

    In fact, it is possible, but very unlikely the last quarter, that customers actually lost money between quarters but the new accounts, added deposits, etc., concealed their loss.

    Jack
     
  4. just21

    just21

    q4 1999 $12,633,891
    q2 2000 $55,785,807 341.56%
    q4 2000 $89,996,028 61.32%
    q1 2001 $130,638,080 45.16%
    q2 2001 $145,169,293 11.12%
    q3 2001 $174,590,207 20.27%
    q4 2001 $231,721,899 32.72%
    q1 2002 $281,550,555 21.50%
    q2 2002 $335,660,538 19.22%
    q3 2002 $419,432,757 24.96%
    q4 2002 $519,003,375 23.74%
    q1 2003 $652,546,919 25.73%
    q2 2003 $786,023,335 20.45%
    q3 2003 $912,920,764 16.14%
    q4 2003 $1,059,484,562 16.05%
    q1 2004 $1,161,539,584 9.63%
    q2 2004 $1,258,110,507 8.31%
    q3 2004 $1,381,742,723 9.83%
    q4 2004 $1,525,054,608 10.37%
    q1 2005 $1,689,818,726 10.80%
    q2 2005 $1,890,315,996 11.87%
    q3 2005 $2,124,949,775 12.41%
    q4 2005 $2,412,665,646 13.54%


    Growth is accelerating after reaching the first billion.
     
  5. zdreg

    zdreg

    the most interesting numbers are below.
    q4 1999 $12,633,891
    q2 2000 $55,785,807 341.56%
    q4 2000 $89,996,028 61.32%
    q1 2001 $130,638,080 45.16%

    what caused these astromomical increases?
     
  6. just21

    just21

    When did they combine the securities and futures accounts into one? I remember having several accounts for different currencies in 1999.
     
  7. def

    def Interactive Brokers

    growth. keep in mind we grew largely by word of mouth with very little advertising. also, the nominal amounts over the periods you mention is much less than the numbers now.
     
  8. GTC

    GTC

    IB is now a big fish. Like other large firms, IB now puts quite a bit of advertisements. However, unlike Etrade's or Scotttrade's advertisements, IB's TV advertisement is actually cool. (I am talking about the one with the robot Smart router flailing its arms very fast to route the orders :).)
     
  9. 2.4 bil in assets?

    Hardly.

    Merrill has 1 trillion + in assets.
     
  10. def,

    may you disclose the number of customers or accounts IB has?
     
    #10     Mar 3, 2006