Is IB in deep poo too?

Quote from themickey:

Share price hitting all time lows at $13

Market has no confidence in this stock?

http://bigcharts.marketwatch.com/qu...symb=IBKR&insttype=Stock&freq=2&show=&time=12

Who's left after IB goes?

Trading is becoming a no mans land of broker carcasses.
This industry seriously needs a shake-up, major lack of confidence due to continual and on-going corruption.
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IB's chart looks similar to CME. Is CME in trouble too? Only if they invested in their own stock .... :eek: :eek: :eek: :eek: :eek: :eek:

http://bigcharts.marketwatch.com/ad...sToggle=false&chartStyleToggle=false&state=12
 
from the dubious futures brokers. Most every professional I know is moving to IB at least with some funds because they trust them…I trust them and have a lot of accounts there.
 
I think the low interest rate squeeze has significantly lowered the earnings of most brokers and clearing firms. The broker and clearing firm reports I have read from prior to 2007 often showed the firms were earning more from their cut of the interest received than from commissions.
 
Quote from Catoosa:

I think the low interest rate squeeze has significantly lowered the earnings of most brokers and clearing firms. The broker and clearing firm reports I have read from prior to 2007 often showed the firms were earning more from their cut of the interest received than from commissions.
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Quote from Catoosa:

I think the low interest rate squeeze has significantly lowered the earnings of most brokers and clearing firms. The broker and clearing firm reports I have read from prior to 2007 often showed the firms were earning more from their cut of the interest received than from commissions.
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True. Brokers should generate their income off of explicit fees rather than back-door income such as interest on cusomer assets, internalization, and the sale of "muppet" order flow to wholesalers such as Knight.

A lot of this could be straightened out simply by forcing brokers to pass on all income generated from a customer's assets back to that cusomter, a privlege already enjoyed by those whose accounts earn them exchange rebates, etc. It would actually be safer for brokers in the long run, I think, even if it reduced volume in the near-term (as people would finally see the "true cost" of what they're doing); I'm sure it would have prevented MF Global's collapse, the underlying cause of which was motivated directly by this dropoff in interest income.
 
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