Don't compare this to GOOG. GOOG was leaded by big brokers. As for IBKR, it is lead by the worst one out there. Just look at past dutch auction IPO by WR Hambrecht. I don't recall IPO lead by WR Hambrecht did well at all.
This IPO is completely under the radar. Wall Street is deliberately ignoring it... No FAT FEES from Dutch action. If you Google: "interactive brokers" "ipo" "Hambrecht" You get only 461 hits. Amazing. No one really knows anything.
There is very little interest in the IB IPO... Outside the trading community. I have yet to read an intelligent analysis... of IB's future business prospects. If you have a link... please post. Though due to the extreme flux in the securities business... Any predictions would be just guesswork. IB brags about making $1,000,000 profit per employee. That is tantamount to bragging about running a 3rd World sweat shop in Connecticut. Considering the 15% float... There are legitimate concerns about how minority shareholders can expect to be treated.
I predict it will very hard to find any legitimate concerns about the IB Ipo. They will be lost and overwhelmed by the idiocy.
Dear Wizard Of Stocks Uh, Duh, check out what GS shares went for in the IPO. Uh, Duh, guess they didnt know they were masters of the Uni Verse. Oh yeah, do you know anything about the questionable characters behind the VG offering? I do. You need to be able to discriminate.
you have to remember that they make the majority of their money from being a market maker, especially with options. market makers in options enjoy big spreads. i would think the biggest drawback to invest in IB would be the possibility of tightening spreads on options. it's only a matter of time before this happens.