Thomas Peterffy is the chairman of Interactive Brokers, the world’s largest electronic broker, which he founded in 1995.
Born in Budapest in 1944, he immigrated to the United States in 1965. When he arrived, he took a position at a New York engineering firm. Peterffy’s first exposure to Wall Street was as a computer consultant for Aranyi Associates, which was owned by a fellow Hungarian immigrant working on stock and bond valuation programming. Additionally, Peterffy worked at commodities trader, Mocatta Metals, before going solo.
Peterffy purchased a seat on the American Stock Exchange in 1977 to trade options. A year later, he was working to automate the process, by using valuation sheets to improve the odds of profitable bidding on contracts. In 1982, he started a market making firm called Timber Hill, using hand held computers he had developed to track and calculate trades. By the late 1980s, he had branched into new markets, such as the early Chicago S&P 500 options pits.
Several years later, Peterffy expanded into Asia and Europe, opening what is known today as Interactive Brokers in 1995 to facilitate individual investors’ electronic trades. Along with his minority partners, Peterffy sold off 10 percent of his controlling partnership of Interactive Brokers in its public offering in 2007.
Peterffy served as CEO of the company until 2019, when he became chairman. Interactive Brokers is consistently ranked among the Best Online Brokers by Barron’s, as well as other outlets.
What is Thomas Peterffy's net worth?
The estimated net worth of Thomas Peterffy is at least $413.69 million as of July 26th, 2021. Mr. Peterffy owns 6,687,511 shares of Interactive Brokers Group stock worth more than $413,689,430 as of July 31st. This net worth approximation does not reflect any other investments that Mr. Peterffy may own.
What is Thomas Peterffy's salary?
As the Chairman of Interactive Brokers Group, Inc., Mr. Peterffy earned a total compensation package of $671,250.00 in 2020. Mr. Peterffy earned a salary of $640,000.00, and other compensation of $31,250.00.
How do I contact Thomas Peterffy?
The corporate mailing address for Mr. Peterffy and other Interactive Brokers Group executives is ONE PICKWICK PLAZA, GREENWICH CT, 06830. Interactive Brokers Group can also be reached via phone at (203) 618-5800.
Has Thomas Peterffy been buying or selling shares of Interactive Brokers Group?
During the past quarter, Thomas Peterffy has sold $12,566,000.00 of Interactive Brokers Group stock. Most recently, Thomas Peterffy sold 20,000 shares of the business's stock in a transaction on Wednesday, July 28th. The shares were sold at an average price of $60.93, for a transaction totalling $1,218,600.00.
Who are Interactive Brokers Group's active insiders?
Are insiders buying or selling shares of Interactive Brokers Group?
In the last twelve months, Interactive Brokers Group insiders bought shares 1 times. They purchased a total of 15,000 shares worth mmore than $13,050.00. In the last twelve months, insiders at the financial services provider sold shares 184 times. They sold a total of 4,444,671 shares worth mmore than $304,752,611.91. The most recent insider tranaction occured on July, 28th when Thomas Peterffy Chairman bought 20,000 shares worth more than $1,218,600.00. Insiders at Interactive Brokers Group own 11.8 % of the company.
Information on this page was last updated on 7/28/2021.
