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Interactive Brokers Reports Mixed Q1 Results, Declares 4-For-1 Forward Stock Split
Tuesday, April 15, 2025 - 4:23pm | 384Interactive Brokers Group, Inc. (NASDAQ:IBKR) released its first-quarter results after Tuesday's closing bell. Here's a look at the key figures from the report. The Details: Interactive Brokers reported quarterly earnings of $1.88 per share, which missed the analyst consensus estimate of $1.92. ...
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Bankrupt Crypto Broker Voyager Aims To Resume Cash Withdrawals This Week
Sunday, August 7, 2022 - 4:56pm | 359Voyager Digital Ltd (OTC: VYGVQ), which filed for bankruptcy in July, has now decided to provide customers access to cash withdrawals next week. According to a blog post published on Friday, a court has given the nod to Voyager to access customers’ cash holdings as soon as Aug. 11....
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Crypto Community Is Concerned New Regulation Will Choke The Industry In The U.S.
Wednesday, August 4, 2021 - 7:42pm | 555Swathes of the United States cryptocurrency industry will presumably be forced to move abroad or closed down in the aftermath of new poorly-worded regulation. What Happened: According to CNBC, language in a lengthy bipartisan infrastructure bill proposal expanded the definition of a...
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Do Brokers Know Their Back Offices Can Increase Profit Margins By Reducing Carrier Costs?
Wednesday, February 5, 2020 - 4:55pm | 1575When rates soared and capacity tightened in 2018, brokers recognized the value of building stronger relationships with their carriers. However, when capacity loosened in 2019, carriers lost pricing power and many of those relationships ended when hundreds of trucking companies went out of...
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Broker Efficiency Starts In The Back Office
Wednesday, July 10, 2019 - 4:32pm | 893As more signs in the truck freight market point to decreasing demand and excess capacity, brokers are looking for better ways to increase the efficiency of their back-office operations to remain competitive and grow their business. Most brokers require at least one or two employees dedicated to...
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Brokers, Carriers, And Wall Street Agree: Freight Volumes Stagnant
Thursday, March 28, 2019 - 10:41am | 1081National freight volumes are down about 4 percent year-over-year while capacity is as loose as ever, further depressing truckload spot prices in nearly every market in the country. The extent to which volumes have been impacted by the hangover from freight pulled forward to avoid tariffs...
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What Exactly Happens When You Place An Order Through A Broker-Dealer?
Wednesday, January 23, 2019 - 12:33pm | 1086In a world of algorithmic trading and high-frequency traders who can make hundreds of trades per second, it’s easy to take for granted just how easy placing an order has become. In reality, every decision to buy or sell a security sets in motion an efficient chain of events involving multiple...
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Freight Brokers Cautiously Optimistic In The New Year, But There's An Ominous Counterpoint
Tuesday, January 8, 2019 - 11:57am | 853The holiday season was a wild one for the transportation industry, with two mid-week disruptions cutting business days and disrupting the way that freight is tendered and moved. This week, executives at freight brokerages in Freight Alley and Chicago have been cautiously optimistic about how...
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Office Buyer Lands 90% LTV as Owner - User. Or Do They?
Wednesday, June 23, 2010 - 6:00am | 782There was a very interesting article on Globest.com yesterday that caught my eye. It was titled exactly the same as above, but without the questioning. A mortgage broker helped an owner/user acquire a small, 11,000 square foot vacant office building for $4.2M by obtaining...