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Q2 11 Earnings Release

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INTERACTIVE BROKERS GROUP ANNOUNCES 2Q2011 RESULTS REPORTS INCOME BEFORE TAXES OF $149 MILLION ON $297 MILLION IN NET

T REVENUES, EARNINGS PER SHARE OF $0.22 AND EARNINGS PER SHARE ON COMPREHENSIVE INCOME OF $0.31. GREENWICH, CONN, July 21, 2011 Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported diluted earnings per share of $0.22 for the quarter ended June 30, 2011, compared to diluted earnings per share of $0.09 for the same period in 2010. On a comprehensive basis, which includes the full effect of currency translation, the Company reported diluted earnings per share of $0.31 for the quarter ended June 30, 2011 compared to diluted earnings per share of $0.004 for the same period in 2010. Reported results on a comprehensive basis reflect the new GAAP convention that requires the reporting of currency translation results contained in Other Comprehensive Income as part of reportable earnings. Previously, these were reported as a component of changes in Total Equity in the Statement of Financial Condition. Net revenues were $297 million and income before income taxes was $149 million for this quarter, compared to net revenues of $226 million and income before income taxes of $72 million for the same period in 2010.

Business Highlights 50% pretax profit margin for this quarter. 52% Electronic Brokerage pretax margin for this quarter. 47% Market Making pretax profit margin for this quarter. Customer equity increased 57% from the year-ago quarter to $25.7 billion and customer accounts increased 21%. Cleared DARTs decreased 2% from the year-ago quarter to 378,000. Electronic Brokerage pretax income increased 23% from the year-ago quarter. Market Making pretax income increased to $59 million from $4 million in the year-ago quarter.

"This quarter we have realized our goal of becoming the largest electronic broker as measured by DARTs," said Thomas Peterffy, our CEO. We are looking forward to solidifying this position and continuing to reveal new and innovative services in the coming months."

Segment Overview Electronic Brokerage Electronic Brokerage segment income before income taxes grew 23% in the quarter ended June 30, 2011 compared to the same period in 2010. Commissions and execution fees were level with those of the yearago quarter. Net interest income increased 109% from the same period. Customer accounts grew 21% to 176,000 and customer equity grew 57% to $25.7 billion. Pretax profit margin increased from 50% to 52% for the quarter ended June 30, 2011 from the same period in 2010. Total DARTs(1) for cleared and execution-only customers decreased 3%, to 408,000 from the year-ago quarter. Cleared DARTs were 378,000 in this quarter, 2% lower than the same period last year.

Market Making Market Making segment income before income taxes increased from $4 to $59 million for the quarter ended June 30, 2011 from the same period in 2010. This increase is partly a reflection of currency translation effects, which negatively impacted the year-ago quarters earnings, and are reported in the results of the Market Making segment. Pretax profit margin expanded to 47% in this quarter from 5% in the quarter ended June 30, 2010. The environment for market makers exhibited wider options bid/offer spreads in the U.S., declining trading volume and lower actual-to-implied volatility ratios. Market Making options contract and futures volume decreased by 20% and 19%, respectively, from the year-ago quarter.

Effects of Foreign Currency Diversification In connection with our currency hedging strategy, we have determined to base our net worth in GLOBALs, a basket of major currencies in which we hold our equity. In this quarter, our currency hedging program contributed to our profits as the U.S. dollar value of the GLOBAL increased by approximately 1.2%. The effects of currency hedging are reported as components of (1) Market Making Trading Gains and (2) Other Comprehensive Income, described below.

Comprehensive Income Reported results on a comprehensive basis reflect the Companys early adoption of newly issued U.S. GAAP guidance(2) that requires the presentation of a Statement of Comprehensive Income, replacing the former Statement of Income. The Statement of Comprehensive Income reports currency translation results that are a component of Other Comprehensive Income (OCI) directly in this statement. Previously, OCI was reported as a component of changes in Total Equity in the Statement of Financial Condition. In prior periods we reported non-GAAP measures for the purpose of incorporating all currency translation gains and losses in the Statement of Income. This reporting method is now required under GAAP guidance.

(1) (2)

Daily average revenue trades (DARTs) are based on customer orders. Accounting Standards Update 2011-05, Comprehensive Income.

_____________________

Conference Call Information: Interactive Brokers Group will hold a conference call with investors today, July 21, 2011, at 4:30 p.m. ET to discuss its second quarter 2011 results. Investors who would like to listen to the conference call live should dial 877-324-1965 (U.S. domestic) and 631-291-4512 (international). The number should be dialed approximately ten minutes prior to the start of the conference call. Ask for the Interactive Brokers Conference Call. The conference call will also be accessible simultaneously, and through replays, as an audio webcast through the Investor Relations section of the Interactive Brokers web site, www.interactivebrokers.com/ir. About Interactive Brokers Group, Inc.: Interactive Brokers Group, Inc., together with its subsidiaries, is an automated global electronic broker that specializes in catering to financial professionals by offering state-of-the-art trading technology, superior execution capabilities, worldwide electronic access, and sophisticated risk management tools at exceptionally low costs. The brokerage trading platform utilizes the same innovative technology as the Companys market making business, which specializes in routing orders and executing and processing trades in securities, futures, foreign exchange instruments, bonds and funds on more than 90 electronic exchanges and trading venues around the world. As a market maker, we provide liquidity at these marketplaces and, as a broker, we provide professional traders and investors with electronic access to stocks, options, futures, forex, bonds and mutual funds from a single IB Universal AccountSM. Employing proprietary software on a global communications network, Interactive Brokers is continuously integrating its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention. Cautionary Note Regarding Forward-Looking Statements: The foregoing information contains certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the company's actual results to be materially different from any future results, expressed or implied, in these forwardlooking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.

For Interactive Brokers Group, Inc. Media: Andrew Wilkinson, 203-913-1369 or Investors: Deborah Liston, 203-618-4070.

INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES OPERATING DATA


TRADE VOLUMES: (in 000's, except %)
Market Making Period Trades % Change Brokerage Cleared Trades % Change Brokerage Non Cleared Trades % Change Total Trades % Change Avg. Trades per U.S. Trading Day

2006 2007 2008 2009 2010 2Q2010 2Q2011

66,043 99,086 101,672 93,550 75,169 20,358 14,419

50% 3% -8% -20% -29%

51,238 72,931 120,195 127,338 133,658 37,404 37,112

42% 65% 6% 5% -1%

12,828 16,638 16,966 13,636 18,732 4,777 4,024

30% 2% -20% 37% -16%

130,109 188,655 238,833 234,524 227,559 62,539 55,555

45% 27% -2% -3% -11%

518 752 944 934 905 993 882

CONTRACT AND SHARE VOLUMES:


(in 000's, except %) TOTAL
Period Options (contracts) % Change Futures* (contracts) % Change Stocks (shares) % Change

2006 2007 2008 2009 2010 2Q2010 2Q2011


MARKET MAKING
Period

563,623 673,144 757,732 643,380 678,856 191,064 162,737


Options (contracts)

19% 13% -15% 6% -15%


% Change

62,419 83,134 108,984 82,345 96,193 27,362 24,013


Futures* (contracts)

33% 31% -24% 17% -12%


% Change

34,493,410 47,324,798 55,845,428 75,449,891 84,469,874 22,790,303 19,091,293


Stocks (shares)

37% 18% 35% 12% -16%


% Change

2006 2007 2008 ** 2009 ** 2010 ** 2Q2010 ** 2Q2011 **


BROKERAGE TOTAL
Period

371,929 447,905 514,629 428,810 435,184 122,364 98,168


Options (contracts)

20% 15% -17% 1% -20%


% Change

14,818 14,520 21,544 15,122 15,371 4,411 3,585


Futures* (contracts)

-2% 48% -30% 2% -19%


% Change

21,180,377 24,558,314 26,008,433 26,205,229 19,165,000 5,469,349 2,546,066


Stocks (shares)

16% 6% 1% -27% -53%


% Change

2006 2007 2008 2009 2010 2Q2010 2Q2011


* Includes options on futures

191,694 225,239 243,103 214,570 243,672 68,700 64,569

17% 8% -12% 14% -6%

47,601 68,614 87,440 67,223 80,822 22,951 20,428

44% 27% -23% 20% -11%

13,313,033 22,766,484 29,836,995 49,244,662 65,304,874 17,320,954 16,545,227

71% 31% 65% 33% -4%

** In Brazil, an equity option contract typically represents 1 share of the underlying stock; however, the typical minimum trading quantity is 100 contracts. To make a fair comparison to volume at other exchanges, we have adopted a policy of reporting Brazilian equity options contracts divided by their trading quantity of 100.

INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES OPERATING DATA, CONTINUED


BROKERAGE CLEARED
Period Options (contracts) % Change Futures* (contracts) % Change Stocks (shares) % Change

2006 2007 2008 2009 2010 2Q2010 2Q2011


* Includes options on futures

32,384 51,586 77,207 93,868 103,054 29,491 35,277

59% 50% 22% 10% 20%

45,351 66,278 85,599 66,241 79,144 22,463 20,090

46% 29% -23% 19% -11%

12,492,870 20,353,584 26,334,752 46,627,344 62,077,741 16,487,944 15,972,585

63% 29% 77% 33% -3%

BROKERAGE STATISTICS (in 000's, except % and where noted) Total Accounts Customer Equity (in billions) * Cleared DARTs Total Customer DARTs (in $'s, except DART per account) Commission per DART DART per Avg. Account (Annualized) Net Revenue per Avg. Account (Annualized) * Excludes non-customers 2Q2011 176 $25.7 378 408 2Q2010 146 $16.4 385 422 % Change 21% 57% -2% -3%

$4.33 554 $3,809

$4.24 677 $3,801

2% -18% 0%

INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES SEGMENT FINANCIAL INFORMATION (UNAUDITED)
Three Months Ended June 30, 2011 2010 (in millions) Market Making Net revenues Non-interest expenses Income before income taxes Pre-tax profit margin Electronic Brokerage Net revenues Non-interest expenses Income before income taxes Pre-tax profit margin Corporate* Net revenues Non-interest expenses Income before income taxes Total Net revenues Non-interest expenses Income before income taxes Pre-tax profit margin $125.8 66.5 $59.3 47% $169.7 80.7 $89.0 52% $1.4 0.6 $0.8 $296.9 147.8 $149.1 50% $81.7 77.8 $3.9 5% $144.6 72.3 $72.3 50% ($0.2) 3.9 ($4.1) $226.1 154.0 $72.1 32% $328.1 134.2 $193.9 59% $333.4 154.3 $179.1 54% $3.3 5.2 ($1.9) $664.8 293.7 $371.1 56% $164.5 155.1 $9.4 6% $271.8 135.1 $136.7 50% $0.4 9.5 ($9.1) $436.7 299.7 $137.0 31% Six Months Ended June 30, 2011 2010

* Corporate includes corporate related activities as well as inter-segment eliminations.

INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)
Three Months Ended June 30, 2011 Revenues: Trading gains Commissions and execution fees Interest income Other income Total revenues Interest expense Total net revenues Non-interest expenses: Execution and clearing Employee compensation and benefits Occupancy, depreciation and amortization Communications General and administrative Total non-interest expenses Income before income taxes Income tax expense Net income Net income attributable to non-controlling interests Net income available for common shareholders Earnings per share Basic Diluted Weighted average common shares outstanding Basic Diluted Comprehensive income: Net income available for common stockholders Other comprehensive income: Cumulative translation adjustment, before income taxes Income taxes related to items of other comprehensive income Other comprehensive income, net of tax Comprehensive income available for common stockholders Comprehensive income attributable to non-controlling interests: Net income attributable to non-controlling interests Other comprehensive income (loss) - cumulative translation adjustment Comprehensive income attributable to non-controlling interests Six Months Ended June 30, 2010 2011 2010 (in millions, except share and per share data) $77.6 107.6 41.0 17.7 243.9 17.8 226.1 75.5 49.5 9.2 6.3 13.5 154.0 72.1 7.4 64.7 60.9 $3.8 $320.9 215.7 138.0 32.4 707.0 42.2 664.8 132.3 105.0 18.3 12.1 26.0 293.7 371.1 31.2 339.9 314.1 $25.8 $158.2 199.3 77.6 34.5 469.6 32.9 436.7 145.2 100.0 18.4 11.7 24.4 299.7 137.0 12.6 124.4 116.7 $7.7

$120.6 106.5 79.3 15.0 321.4 24.5 296.9 66.1 52.6 9.1 6.6 13.4 147.8 149.1 12.5 136.6 127.1 $9.5

$0.22 $0.22

$0.09 $0.09

$0.61 $0.60

$0.18 $0.18

43,018,095 43,470,928

41,802,541 42,441,995

42,627,045 43,133,155

41,511,328 42,206,384

$9.5 6.1 2.2 3.9 $13.4

$3.8 (5.8) (2.2) (3.6) $0.2

$25.8 8.1 3.0 5.1 $30.9

$7.7 (8.0) (3.0) (5.0) $2.7

$127.1 50.1 $177.2

$60.9 (49.4) $11.5

$314.1 66.7 $380.8

$116.7 (68.1) $48.6

INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
June 30, 2011 Assets Cash and cash equivalents Cash and securities - segregated for regulatory purposes Securities purchased under agreements to resell Securities borrowed Trading assets, at fair value Receivables from customers, net of allowance Receivables from brokers, dealers and clearing organizations Other assets Total assets Liabilities and equity Liabilities Trading liabilities - financial instruments sold but not yet purchased, at fair value Securities loaned Short-term borrowings Other payables: Customers Brokers, dealers and clearing organizations Other payables December 31, 2010

(in millions) $1,422.9 8,807.9 304.3 3,215.6 6,103.5 9,320.0 947.4 518.7 $30,640.3 $1,354.2 7,888.1 336.3 3,292.3 7,422.4 6,973.0 732.9 499.6 $28,498.8

$4,940.0 1,757.5 43.0 18,158.9 283.4 693.7 19,136.0 178.3

$6,125.2 1,659.6 187.4 15,060.5 248.7 702.3 16,011.5 294.6

Senior notes payable and senior secured credit facility Equity Stockholders' equity Non-controlling interests Total equity Total liabilities and equity

530.6 4,054.9 4,585.5 $30,640.3

487.8 3,732.7 4,220.5 $28,498.8

INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES EARNINGS PER SHARE ON COMPREHENSIVE INCOME (UNAUDITED)

Three months ended Ended June 30, 2011 2010 Net income available for common stockholders Other comprehensive income: Cumulative translation adjustment, before income taxes Income taxes related to items of other comprehensive income Other comprehensive income, net of tax Comprehensive income available for common stockholders $9.5 $3.8

Six Months Ended June 30, 2011 2010 $25.8 $7.7

6.1 2.2 3.9 $13.4

(5.8) (2.2) (3.6) $0.2

8.1 3.0 5.1 $30.9

(8.0) (3.0) (5.0) $2.7

Comprehensive income per share: Basic Diluted

$0.311 $0.308

$0.004 $0.004

$0.725 $0.717

$0.064 $0.063

Weighted average common shares outstanding: Basic Diluted

43,018,095 43,470,928

41,802,541 42,441,995

42,627,045 43,133,155

41,511,328 42,206,384

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