Interactive Brokers Group, Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Interactive Brokers Group will hold its 2024 Annual Meeting of Stockholders on April 18, 2024, accessible via live webcast.</b>

AI Summary

Interactive Brokers Group, Inc. (IBKR) filed a Proxy Statement (DEF 14A) with the SEC on March 6, 2024. The 2024 Annual Meeting of Stockholders for Interactive Brokers Group, Inc. will be held on April 18, 2024, at 9:30 a.m. Eastern Time. Stockholders can attend the meeting via live webcast at www.virtualshareholdermeeting.com/IBKR2024. The company is furnishing proxy materials and the 2023 Annual Report to stockholders over the Internet. A Notice of Internet Availability of Proxy Materials has been sent to stockholders with instructions on accessing these documents. Thomas Peterffy, Chairman of the Board of Directors, encourages stockholders to attend and vote.

Why It Matters

For investors and stakeholders tracking Interactive Brokers Group, Inc., this filing contains several important signals. The company is leveraging internet delivery for proxy materials and its 2023 Annual Report, aiming for efficiency and environmental friendliness. Stockholder participation is emphasized, with a call for representation and voting regardless of attendance at the virtual meeting.

Risk Assessment

Risk Level: low — Interactive Brokers Group, Inc. shows low risk based on this filing. The filing is a routine DEF 14A proxy statement, indicating standard corporate governance procedures rather than significant new developments or risks.

Analyst Insight

Review the proposals and director nominations presented at the 2024 Annual Meeting of Stockholders to understand potential changes in corporate governance or strategy.

Key Numbers

• 2024-04-18 — Annual Meeting Date (Date of the 2024 Annual Meeting of Stockholders)
• 9:30 a.m. Eastern Time — Meeting Time (Time of the 2024 Annual Meeting of Stockholders)

Key Players & Entities

• Interactive Brokers Group, Inc. (company) — Registrant name
• Thomas Peterffy (person) — Chairman of the Board of Directors
• DEF 14A (document) — Filing type
• 2024-04-18 (date) — Annual Meeting date
• 2024-03-06 (date) — Filing date
• www.virtualshareholdermeeting.com/IBKR2024 (url) — Webcast link

FAQ

Industry Context

Interactive Brokers Group operates as a global brokerage firm, providing electronic trading platforms for securities, commodities, and forex.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Review the agenda for the 2024 Annual Meeting of Stockholders.
2. Access and review the 2023 Annual Report for financial performance and business insights.
3. Ensure voting instructions are followed for the Annual Meeting.

Key Dates

• 2024-04-18: 2024 Annual Meeting of Stockholders — Key date for stockholder participation and voting.
• 2024-03-06: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard proxy statement for an upcoming annual meeting, not a comparison to a previous filing's financial performance.

Key Financial Figures

• $0.01 — ares of Class A common stock, par value $0.01 per share (the "common stock"), of the

Filing Documents

• ny20019932x2_def14a.htm (DEF 14A) — 856KB
• logo_interactivebrokers.jpg (GRAPHIC) — 39KB
• sig_brody.jpg (GRAPHIC) — 9KB
• sig_peterffy.jpg (GRAPHIC) — 26KB
• ny20019932x2_pvpchart01.jpg (GRAPHIC) — 100KB
• ny20019932x2_pvpchart02.jpg (GRAPHIC) — 88KB
• ny20019932x2_pvpchart03.jpg (GRAPHIC) — 90KB
• ny20019932x2_proxy01.jpg (GRAPHIC) — 623KB
• ny20019932x2_proxy02.jpg (GRAPHIC) — 360KB
• 0001140361-24-011717.txt (&nbsp;) — 5084KB
• ibkr-20240418.xsd (EX-101.SCH) — 5KB
• ibkr-20240418_def.xml (EX-101.DEF) — 5KB
• ibkr-20240418_lab.xml (EX-101.LAB) — 8KB
• ibkr-20240418_pre.xml (EX-101.PRE) — 4KB
• ny20019932x2_def14a_htm.xml (XML) — 257KB

ELECTION OF DIRECTORS

ITEM 1. ELECTION OF DIRECTORS 31 Nominees for Election to our Board 31 Board Diversity 34 Directors' Recommendation 34

RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

ITEM 2. RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 35 Audit Committee Pre-Approval Policies and Procedures 35 Fees Paid to Independent Registered Public Accounting Firm 35 Directors' Recommendation 35

ADVISORY VOTE ON THE FREQUENCY OF THE ADVISORY VOTE ON THE COMPENSATION OF OUR EXECUTIVE OFFICERS

ITEM 3. ADVISORY VOTE ON THE FREQUENCY OF THE ADVISORY VOTE ON THE COMPENSATION OF OUR EXECUTIVE OFFICERS 36 Directors' Recommendation 36 OTHER MATTERS 37 Delinquent 16(a) Reports Compliance 37 Other Business 37 Stockholder Proposals for 2025 Annual Meeting of Stockholders 37 Stockholder Recommendations for Director Candidates 37 Important Notice Regarding Delivery of Stockholder Documents 37 TABLE OF CONTENTS INTERACTIVE BROKERS GROUP, INC. One Pickwick Plaza Greenwich, Connecticut 06830 PROXY STATEMENT ANNUAL MEETING OF STOCKHOLDERS April 18, 2024 INTRODUCTION This Proxy Statement is furnished in connection with a solicitation of proxies by the Board of Directors (the "Board") of Interactive Brokers Group, Inc. ("IBG, Inc."), a Delaware corporation, to be used at our 2024 Annual Meeting of Stockholders (the "Annual Meeting") and at any adjournments or postponements of the Annual Meeting. The Annual Meeting will be held on Thursday, April 18, 2024 at 9:30 a.m., Eastern Time, and will be held as a virtual meeting at www.virtualshareholdermeeting.com/IBKR2024. You may access the virtual meeting using the multi-digit Control Number provided with your proxy materials. This Proxy Statement and the accompanying form of proxy are first being made available on or about March 8, 2024. When we use the terms "Company," "we," "us" and "our," we mean Interactive Brokers Group, Inc., a Delaware corporation, its consolidated subsidiaries and predecessor companies. 1 TABLE OF CONTENTS VOTING INSTRUCTION AND INFORMATION Why did I receive a Notice regarding the Availability of Proxy Materials? In accordance with Securities and Exchange Commission ("SEC") rules, instead of mailing a printed copy of our proxy materials, we may send a Notice of Internet Availability of Proxy Materials (the "Notice") to stockholders. All stockholders will have the ability to access the proxy materials on a website referred to in the Notice or to request a prin

View Full Filing

View this DEF 14A filing on SEC EDGAR