amazing ib only has 80k accounts?

[osorico]

Quote from Algorithm:

This has got to be one of the most retarded threads going right now on ET.
...

This thread doesn't even rank.
You really need to click around and read some more.

 

[battle river]

Quote from arealpissedgoy:

IB is ok for small retail traders, but once you get to a certain size, you need better customer service and security than an online retail brokerage house.

whats considered a small account? under 100k?

 

[Jaxon]

Why are they going public??

Dollar
Amount of
Net Proceeds
% of Net Received
Proceeds to be From This Offering


Directors and
executive officers
as a group . . . . . $449.1mm

and, more to the point:

All net proceeds of this offering will go to the current members of IBG LLC, including all of our
executive officers and employee directors, rather than be used for corporate business purposes.

Nothing wrong with that!

 

[Traveler]

Quote from arealpissedgoy:

IB is ok for small retail traders, but once you get to a certain size, you need better customer service and security than an online retail brokerage house.

Who would be their most likely competitor? This would be to hold a retail account (no prop) and not a prime broker?