Thomas Peterffy – Chairman and Chief Executive Officer Nearby treasuries trade at lower rates than Fed funds “nearby treasuries trade at substantially lower rates than Fed funds. You have to go out all the way to next February to find … Continued
Thomas Peterffy Hard to make money in low volatility without a lot of flow ” This quarter we made the difficult decision to wind down our options market making operations…Recently, we have come to the conclusion that, in a low … Continued
Interactive Brokers (IBKR) CEO Thomas Petterfly said the less than normal volatility towards the end of summer hurt results “This summer, specifically July and August, were dismally slow months. Intraday volatility was practically zero. We saw the market open and … Continued
Interactive Brokers (IBKR) CEO Thomas Petterfy said they were adequately prepared for the Brexit The big news for the quarter was Brexit. We have begun preparing for the possible outcomes early in the year by adding the event to our … Continued
Interactive Brokers (IBKR) CEO Thomas Petterfly said its most profitable clients are hedge funds and traders “Our most lucrative accounts are hedge funds and proprietary trading groups. Both of these two financially most sophisticated customer types trade and invest for … Continued
Delta Air Lines’ (DAL) CEO Richard Anderson on Q4 2015 Results Lower crude prices put pressure on ability to drive revenue growth “it certainly push additional pressure on getting to a positive RASM result and we made those comments this … Continued
Jeremy S., an investment analyst here in Southern California, has started to contribute to Avondale’s company notes database. Below are quotes from some of the calls that Jeremy has read this week. iRobot (IRBT) CEO Colin Angle said people … Continued