Interactive Brokers' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Interactive Brokers Group, Inc. (IBKR)

Q2 2012 Results Earnings Call

July 17, 2012 4:30 PM ET


Deborah Liston – Director, Investor Relations

Thomas Peterffy – Chairman and CEO

Paul Brody – Group CFO


Chris Harris – Wells Fargo

Rich Repetto – Sandler O’Neill

Chris Allen – Evercore Partners

Ed Ditmire – Macquarie

Justin Hughes – Philadelphia Financial

Niamh Alexander – KBW

Matthew Heinz – Stifel Nicolaus

Mac Sykes – Gabelli & Company



Good day, everyone. And welcome to the Interactive Brokers Second Quarter 2012 Earnings Results Conference Call. This call is being recorded.

At this time for opening remarks and introductions, I would like to turn the call over to Ms. Deborah Liston, Director of Investor Relations. Please go ahead.

Deborah Liston

Welcome everyone and thanks for joining us today. Just after the close of regular trading, we released our second quarter financial results. We’re going to begin the call today with some prepared remarks on our performance that complements the material included in our press release and allocate the remaining time to Q&A. Our speakers are Thomas Peterffy, our Chairman and CEO; and Paul Brody, Group CFO.

I just want to remind everyone that today’s discussion may include forward-looking statements. These statements represent the company’s beliefs regarding future events that by their nature are not certain and outside of the company’s control.

The company’s actual results and financial condition may differ possibly materially from what’s indicated in these forward-looking statements. For a discussion of some of the risks and factors that could affect the company’s future results, please see the description of risk factors in our filings made with the SEC. I’d also direct you to read the forward-looking disclaimers in our quarterly earnings release.

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