Interactive Brokers Group, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Financial Assets and Financial Liabilities
- Financial Assets and Financial Liabilities
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
The tables below present, by level within the fair value hierarchy (see Note 2), financial assets and liabilities, measured at fair value on a recurring basis for the periods indicated. As required by ASC Topic 820, financial assets and financial liabilities are classified in their entirety based on the lowest level of input that is significant to the respective fair value measurement.
| Level 1 · Level 2 · Level 3 · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions) | ||||||||
| Securities segregated for regulatory purposes | ||||||||
| U.S. and foreign government securities | $ | 8,299 | $ | — | $ | — | $ | 8,299 |
| Municipal securities | — | 121 | — | 121 | ||||
| Total securities segregated for regulatory purposes | 8,299 | 121 | — | 8,420 | ||||
| Financial instruments owned, at fair value | ||||||||
| Stocks | 3,508 | — | — | 3,508 | ||||
| Options | 44 | 7 | — | 51 | ||||
| U.S. and foreign government securities | 1,277 | — | — | 1,277 | ||||
| Municipal securities | — | 7 | — | 7 | ||||
| Precious metals | — | 50 | — | 50 | ||||
| Currency forward contracts | — | 3 | — | 3 | ||||
| Total financial instruments owned, at fair value | 4,829 | 67 | — | 4,896 | ||||
| Other assets | ||||||||
| Customer-held fractional shares | 636 | — | — | 636 | ||||
| Other investments in equity securities | 38 | — | — | 38 | ||||
| Total other assets | 674 | — | — | 674 | ||||
| Total financial assets at fair value | $ | 13,802 | $ | 188 | $ | — | $ | 13,990 |
| Level 1 · Level 2 · Level 3 · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions) | ||||||||
| Financial instruments sold, but not yet purchased, at fair value | ||||||||
| Stocks | $ | 204 | $ | — | $ | — | $ | 204 |
| Options | 22 | 328 | — | 350 | ||||
| Precious metals | — | 39 | — | 39 | ||||
| Currency forward contracts | — | 163 | — | 163 | ||||
| Total financial instruments sold, but not yet purchased, at fair value | 226 | 530 | — | 756 | ||||
| Accounts payable, accrued expenses and other liabilities | ||||||||
| Fractional shares repurchase obligation | 636 | — | — | 636 | ||||
| Total accounts payable, accrued expenses and other liabilities | 636 | — | — | 636 | ||||
| Total financial liabilities at fair value | $ | 862 | $ | 530 | $ | — | $ | 1,392 |
| Level 1 · Level 2 · Level 3 · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions) | ||||||||
| Securities segregated for regulatory purposes | ||||||||
| U.S. and foreign government securities | $ | 6,031 | $ | — | $ | — | $ | 6,031 |
| Municipal securities | — | 66 | — | 66 | ||||
| Total securities segregated for regulatory purposes | 6,031 | 66 | — | 6,097 | ||||
| Financial instruments owned, at fair value | ||||||||
| Stocks | 4,780 | — | — | 4,780 | ||||
| Options | 23 | 49 | — | 72 | ||||
| U.S. and foreign government securities | 63 | — | — | 63 | ||||
| Precious metals | — | 50 | — | 50 | ||||
| Currency forward contracts | — | 17 | — | 17 | ||||
| Total financial instruments owned, at fair value | 4,866 | 116 | — | 4,982 | ||||
| Other assets | ||||||||
| Customer-held fractional shares | 428 | — | — | 428 | ||||
| Other investments in equity securities | 88 | — | — | 88 | ||||
| Total other assets | 516 | — | — | 516 | ||||
| Total financial assets at fair value | $ | 11,413 | $ | 182 | $ | — | $ | 11,595 |
| Level 1 · Level 2 · Level 3 · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions) | ||||||||
| Financial instruments sold, but not yet purchased, at fair value | ||||||||
| Stocks | $ | 199 | $ | — | $ | — | $ | 199 |
| Options | 15 | 483 | — | 498 | ||||
| Precious metals | — | 42 | — | 42 | ||||
| Currency forward contracts | — | 1 | — | 1 | ||||
| Total financial instruments sold, but not yet purchased, at fair value | 214 | 526 | — | 740 | ||||
| Accounts payable, accrued expenses and other liabilities | ||||||||
| Fractional shares repurchase obligation | 428 | — | — | 428 | ||||
| Total accounts payable, accrued expenses and other liabilities | 428 | — | — | 428 | ||||
| Total financial liabilities at fair value | $ | 642 | $ | 526 | $ | — | $ | 1,168 |
Level 3 Financial Assets and Financial Liabilities
There were no transfers in or out of level 3 for the nine months ended September 30, 2026.
Financial Assets and Liabilities Not Measured at Fair Value
Financial assets and liabilities not measured at fair value are recorded at carrying value, which approximates fair value due to their short-term nature. The tables below represent the carrying value, fair value and fair value hierarchy category of certain financial assets and liabilities that are not recorded at fair value in the condensed consolidated statements of financial condition for the periods indicated. The tables below exclude certain financial instruments such as equity method investments and all non-financial assets and liabilities.
| Carrying Value · Fair Value · Level 1 · Level 2 · Level 3 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (in millions) | ||||||||||
| Financial assets, not measured at fair value | ||||||||||
| Cash and cash equivalents | $ | 5,935 | $ | 5,935 | $ | 5,935 | $ | — | $ | — |
| Cash - segregated for regulatory purposes | 58,695 | 58,695 | 58,695 | — | — | |||||
| Securities - segregated for regulatory purposes | 29,956 | 29,956 | — | 29,956 | — | |||||
| Securities borrowed | 12,086 | 12,086 | — | 12,086 | — | |||||
| Securities purchased under agreements to resell | 10,005 | 10,005 | — | 10,005 | — | |||||
| Receivables from customers | 105,592 | 105,592 | — | 105,592 | — | |||||
| Receivables from brokers, dealers and clearing organizations | 5,012 | 5,012 | — | 5,012 | — | |||||
| Interest receivable | 687 | 687 | — | 687 | — | |||||
| Other assets | 83 | 85 | — | 48 | 37 | |||||
| Total financial assets, not measured at fair value | $ | 228,051 | $ | 228,053 | $ | 64,630 | $ | 163,386 | $ | 37 |
| Financial liabilities, not measured at fair value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Short-term borrowings | $ | 18 | $ | 18 | $ | — | $ | 18 | $ | — |
| Securities loaned | 35,212 | 35,212 | — | 35,212 | — | |||||
| Payables to customers | 180,451 | 180,451 | — | 180,451 | — | |||||
| Payables to brokers, dealers and clearing organizations | 1,890 | 1,890 | — | 1,890 | — | |||||
| Interest payable | 392 | 392 | — | 392 | — | |||||
| Total financial liabilities, not measured at fair value | $ | 217,963 | $ | 217,963 | $ | — | $ | 217,963 | $ | — |
| Carrying Value · Fair Value · Level 1 · Level 2 · Level 3 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (in millions) | ||||||||||
| Financial assets, not measured at fair value | ||||||||||
| Cash and cash equivalents | $ | 4,963 | $ | 4,963 | $ | 4,963 | $ | — | $ | — |
| Cash - segregated for regulatory purposes | 50,332 | 50,332 | 50,332 | — | — | |||||
| Securities - segregated for regulatory purposes | 20,424 | 20,424 | — | 20,424 | — | |||||
| Securities borrowed | 11,589 | 11,589 | — | 11,589 | — | |||||
| Securities purchased under agreements to resell | 7,117 | 7,117 | — | 7,117 | — | |||||
| Receivables from customers | 90,475 | 90,475 | — | 90,475 | — | |||||
| Receivables from brokers, dealers and clearing organizations | 5,161 | 5,161 | — | 5,161 | — | |||||
| Interest receivable | 530 | 530 | — | 530 | — | |||||
| Other assets | 70 | 71 | — | 32 | 39 | |||||
| Total financial assets, not measured at fair value | $ | 190,661 | $ | 190,662 | $ | 55,295 | $ | 135,328 | $ | 39 |
| Financial liabilities, not measured at fair value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Short-term borrowings | $ | 19 | $ | 19 | $ | — | $ | 19 | $ | — |
| Securities loaned | 24,751 | 24,751 | — | 24,751 | — | |||||
| Payables to customers | 154,336 | 154,336 | — | 154,336 | — | |||||
| Payables to brokers, dealers and clearing organizations | 1,566 | 1,566 | — | 1,566 | — | |||||
| Interest payable | 321 | 321 | — | 321 | — | |||||
| Total financial liabilities, not measured at fair value | $ | 180,993 | $ | 180,993 | $ | — | $ | 180,993 | $ | — |
Netting of Financial Assets and Financial Liabilities
The Company’s policy is to net securities borrowed and securities loaned, and securities purchased under agreements to resell and securities sold under agreements to repurchase that meet the offsetting requirements prescribed in ASC Topic 210-20. In the tables below, the amounts of financial instruments that are not offset in the condensed consolidated statements of financial condition, but could be netted against cash or financial instruments with specific counterparties under master netting agreements, according to the terms of the agreements, including clearing houses (exchange-traded options, warrants and discount certificates) or over the counter currency forward contract counterparties, are presented to provide financial statement readers with the Company’s net payable or receivable with counterparties for these financial instruments.
The tables below present the netting of financial assets and financial liabilities for the periods indicated.
| Amounts · Net Amounts · Amounts Not Offset | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross · Offset in the · Presented in · in the Condensed | |||||||||||
| Amounts · Condensed · the Condensed · Consolidated | |||||||||||
| of Financial · Consolidated · Consolidated · Statements of | |||||||||||
| Assets and · Statements of · Statements of · Financial Condition | |||||||||||
| Liabilities · Financial · Financial · Cash or Financial · Net | |||||||||||
| Recognized · Condition2 · Condition · Instruments · Amount | |||||||||||
| (in millions) | |||||||||||
| Offsetting of financial assets | |||||||||||
| Securities segregated for regulatory purposes: | |||||||||||
| Segregated securities purchased under agreements to resell | $ | 26,936 | 1 | $ | — | $ | 26,936 | $ | (26,936) | $ | — |
| Segregated securities borrowed | 3,020 | 1 | — | 3,020 | (2,930) | 90 | |||||
| Securities borrowed | 12,086 | — | 12,086 | (11,740) | 346 | ||||||
| Securities purchased under agreements to resell | 10,005 | — | 10,005 | (10,005) | — | ||||||
| Financial instruments owned, at fair value | |||||||||||
| Options | 51 | — | 51 | (29) | 22 | ||||||
| Currency forward contracts | 3 | — | 3 | — | 3 | ||||||
| Total | $ | 52,101 | $ | — | $ | 52,101 | $ | (51,640) | $ | 461 | |
| Offsetting of financial liabilities | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Securities loaned | $ | 35,212 | $ | — | $ | 35,212 | $ | (33,264) | $ | 1,948 |
| Financial instruments sold, but not yet purchased, at fair value | ||||||||||
| Options | 350 | — | 350 | (29) | 321 | |||||
| Currency forward contracts | 163 | — | 163 | — | 163 | |||||
| Total | $ | 35,725 | $ | — | $ | 35,725 | $ | (33,293) | $ | 2,432 |
| Amounts · Net Amounts · Amounts Not Offset | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross · Offset in the · Presented in · in the Condensed | |||||||||||
| Amounts · Condensed · the Condensed · Consolidated | |||||||||||
| of Financial · Consolidated · Consolidated · Statements of | |||||||||||
| Assets and · Statements of · Statements of · Financial Condition | |||||||||||
| Liabilities · Financial · Financial · Cash or Financial · Net | |||||||||||
| Recognized · Condition2 · Condition · Instruments · Amount | |||||||||||
| (in millions) | |||||||||||
| Offsetting of financial assets | |||||||||||
| Securities segregated for regulatory purposes: | |||||||||||
| Segregated securities purchased under agreements to resell | $ | 17,981 | 1 | $ | — | $ | 17,981 | $ | (17,981) | $ | — |
| Segregated securities borrowed | 2,443 | 1 | — | 2,443 | (2,367) | 76 | |||||
| Securities borrowed | 11,589 | — | 11,589 | (11,241) | 348 | ||||||
| Securities purchased under agreements to resell | 7,117 | — | 7,117 | (7,117) | — | ||||||
| Financial instruments owned, at fair value | |||||||||||
| Options | 72 | — | 72 | (64) | 8 | ||||||
| Currency forward contracts | 17 | — | 17 | — | 17 | ||||||
| Total | $ | 39,219 | $ | — | $ | 39,219 | $ | (38,770) | $ | 449 | |
| Offsetting of financial liabilities | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Securities loaned | $ | 24,751 | $ | — | $ | 24,751 | $ | (23,261) | $ | 1,490 |
| Financial instruments sold, but not yet purchased, at fair value | ||||||||||
| Options | 498 | — | 498 | (64) | 434 | |||||
| Currency forward contracts | 1 | — | 1 | — | 1 | |||||
| Total | $ | 25,250 | $ | — | $ | 25,250 | $ | (23,325) | $ | 1,925 |
As of September 30, 2026 and December 31, 2025, the Company had$26.9 billion and$18.0 billion, respectively, of securities purchased under agreements to resell, and$3.0 billion and$2.4 billion, respectively, of securities borrowed that were segregated to satisfy regulatory requirements. These securities are reported in “Securities - segregated for regulatory purposes” in the condensed consolidated statements of financial condition.
The Company did not have any balances eligible for netting in accordance with ASC Topic 210-20 as of September 30, 2026 and December 31, 2025.
Secured Financing Transactions – Maturities and Collateral Pledged
The tables below present gross obligations for securities loaned transactions by remaining contractual maturity and class of collateral pledged for the periods indicated.
| Remaining Contractual Maturity | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Overnight | Less than | 30 – 90 | Over 90 | ||||||||||
| and Open · 30 days · days · days · Total | |||||||||||||
| (in millions) | |||||||||||||
| Securities loaned | |||||||||||||
| Stocks | $ | 35,055 | $ | — | $ | — | $ | — | $ | 35,055 | |||
| Corporate bonds | 149 | — | — | — | 149 | ||||||||
| Foreign government securities | 8 | — | — | — | 8 | ||||||||
| Total securities loaned | $ | 35,212 | $ | — | $ | — | $ | — | $ | 35,212 | |||
| Remaining Contractual Maturity | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Overnight | Less than | 30 – 90 | Over 90 | ||||||||||
| and Open · 30 days · days · days · Total | |||||||||||||
| (in millions) | |||||||||||||
| Securities loaned | |||||||||||||
| Stocks | $ | 24,596 | $ | — | $ | — | $ | — | $ | 24,596 | |||
| Corporate bonds | 145 | — | — | — | 145 | ||||||||
| Foreign government securities | 10 | — | — | — | 10 | ||||||||
| Total securities loaned | $ | 24,751 | $ | — | $ | — | $ | — | $ | 24,751 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.