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Stock impact report

Interactive Brokers says betting on US midterm elections should juice growth of its platform [Yahoo! Finance Canada]

Interactive Brokers Group, Inc. - Class A (IBKR) 
Last interactive brokers group, inc. - class a earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.interactivebrokers.com
The online brokerage platform's predictions market, ForecastEx, allows investors to buy "yes" or "no" contracts on questions ranging ?from economic indicators to elections to climate. Peterffy told Reuters in an interview that in 2026, Interactive Brokers will look to integrate its betting offering more closely with its other services, ?including new products it may launch this year. "Our customers will be better informed when they see the forecast predictions, vis-a-vis subjects that are relevant to the companies and industries that they invest in or in the industries in which they have to ?lighten up their investments," said Peterffy, one of the 25 richest men in the world, according to Forbes, which pegs his net worth at about $82 billion. "Looking at the future developments in total, gives our customers an advantage over other brokers who do not have a full plate of products that customers can view," he said. Prediction markets platforms have boomed since President Donald Show less Read more
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