Browser based can actually be better these days as many of the in-house windowing solutions will have to be dropped.
The biggest mistake IB made early on was to go with Java IMO.
We have only to look at the Client Portal and know it will grow out of that. The move to Web/Cloud based is irreversible because of the scalability and the benefits of handing the hosting to cloud providers. But, I think there is hope with what TT Platform and CQG One have done. CME Direct is the .Net example. However, integrating the equities market is incredibly difficult and complex.
IBKR could also take the Schwab route. Acquire the company which has the architecture to facilitate the difficult upgrade. TD Ameritrade has the much loved front-end coupled with a modern order management which Schwab will be adopting. David eats Goliath. Who knows how they will integrate bonds.(A point goes to IBKR.)
Looks like Sosnoff has another opportunity to cash out with what could be an even more up-to-date architecture with TastyTrade. He should stop playing trading strategy analyst. He is already a brokerage genius in my book. If they do have that updated architecture, TastyTrade should have been the hot brokerage IPO of the 2020s and not Robinhood. IBKR, are you listening?
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