IB customer funds grow 13.54% in q4 after Refco

Quote from Xenia:

This means that IB customers made 13.54% (avg) per quarter ?
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No way to tell. The liability is just what IB owes its customers.

The difference between balances in the reports just means IB has more money held for its customers. This could be due to new customers opening accounts, existing customers adding money to their accounts, and\or a growth in customers equity.

In fact, it is possible, but very unlikely the last quarter, that customers actually lost money between quarters but the new accounts, added deposits, etc., concealed their loss.

Jack
 
q4 1999 $12,633,891
q2 2000 $55,785,807 341.56%
q4 2000 $89,996,028 61.32%
q1 2001 $130,638,080 45.16%
q2 2001 $145,169,293 11.12%
q3 2001 $174,590,207 20.27%
q4 2001 $231,721,899 32.72%
q1 2002 $281,550,555 21.50%
q2 2002 $335,660,538 19.22%
q3 2002 $419,432,757 24.96%
q4 2002 $519,003,375 23.74%
q1 2003 $652,546,919 25.73%
q2 2003 $786,023,335 20.45%
q3 2003 $912,920,764 16.14%
q4 2003 $1,059,484,562 16.05%
q1 2004 $1,161,539,584 9.63%
q2 2004 $1,258,110,507 8.31%
q3 2004 $1,381,742,723 9.83%
q4 2004 $1,525,054,608 10.37%
q1 2005 $1,689,818,726 10.80%
q2 2005 $1,890,315,996 11.87%
q3 2005 $2,124,949,775 12.41%
q4 2005 $2,412,665,646 13.54%


Growth is accelerating after reaching the first billion.
 
the most interesting numbers are below.
q4 1999 $12,633,891
q2 2000 $55,785,807 341.56%
q4 2000 $89,996,028 61.32%
q1 2001 $130,638,080 45.16%

what caused these astromomical increases?
 
When did they combine the securities and futures accounts into one? I remember having several accounts for different currencies in 1999.
 
Quote from zdreg:

the most interesting numbers are below.
q4 1999 $12,633,891
q2 2000 $55,785,807 341.56%
q4 2000 $89,996,028 61.32%
q1 2001 $130,638,080 45.16%

what caused these astromomical increases?
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growth. keep in mind we grew largely by word of mouth with very little advertising. also, the nominal amounts over the periods you mention is much less than the numbers now.
 
Quote from def:
growth. keep in mind we grew largely by word of mouth with very little advertising. also, the nominal amounts over the periods you mention is much less than the numbers now.
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IB is now a big fish. Like other large firms, IB now puts quite a bit of advertisements. However, unlike Etrade's or Scotttrade's advertisements, IB's TV advertisement is actually cool. (I am talking about the one with the robot Smart router flailing its arms very fast to route the orders :).)
 
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