Thomas Peterffy, the founder of IB was on CNBC this morning and made some interesting stats on IB users:
IB has 1.4 million customers, average portfolio $250,000
Less than 2% involved in meme stocks (AMC, GME, etc)
Of those involved in meme stocks, longs on average have $50K in meme stocks, the shorts have twice as much.
IB has 1.4 million customers, average portfolio $250,000
Less than 2% involved in meme stocks (AMC, GME, etc)
Of those involved in meme stocks, longs on average have $50K in meme stocks, the shorts have twice as much.