Interactive Brokers Group, Inc. (IBKR) reported its third-quarter financial results, showing revenue growth but missing earnings expectations. The company saw strong growth in commission revenue driven by higher customer trading volumes, particularly in options, stocks, and futures. Despite the positive revenue performance, a one-time charge and legal and regulatory costs contributed to the earnings miss. IBKR shares fell after hours.
Robinhood Markets, Inc. (HOOD) saw its stock climb in regular trading on Monday, following the release of its August operating data. The report highlighted growth in funded customers, assets under custody, and trading volumes, despite a slight dip in some areas. Robinhood is set to present at the Goldman Sachs Communacopia + Technology Conference on Tuesday.
Vodafone Idea’s Follow-on Public Offering (FPO) has been successfully listed on the National Stock Exchange, marking a significant milestone for the telecom company. The listing is expected to enhance liquidity and increase trading volumes for the company.
