Interactive Brokers Group Inc at Piper Sandler Global Exchange and FinTech Conference (Virtual) Transcript
Good morning, and welcome to Piper Sandler's Global Exchange and Financial Technology Conference. It's a pleasure and the first time in 17 years to bring it virtually. But we're excited about all the speakers we have, and we've tried to mimic the entire agenda virtually as well. First, my pleasure to introduce Thomas Peterffy. He's the Chairman of Interactive Brokers. Interactive Brokers is an $18 billion market cap company that he took public in May of 2007. And Thomas is really a pioneer of the online trading space. It's great to have you with us, Thomas.
Questions & Answers
I guess the first question is, you help drive a lot of change in the e-brokerage space. You're the first to initiate the 0 trading commission, the 0 trade offering. Did you expect it to have the impact that it did? It led the consolidation, and how do you think it has played out
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