Interactive Brokers Group, Inc. (NASDAQ:IBKR)
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The Company is an automated electronic market maker and broker specializing in routing orders and executing and processing trades in securities, futures and foreign exchange instruments.
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Interactive Brokers is an excellent run company, with high profit margins, operating in a sector that has had some challenges in the last couple of years. IB is known for its highly automated systems which helps keep pre-tax profit margins consistently higher than its competitors. As the Baby Boomer Generation which tends to be more "do-it-yourself" is retiring, some assets will shift out of 401Ks and into independent brokers such as TD Ameritrade, Schwab, Fidelity, and to some extent to Interactive Brokers.