Interactive Brokers Group, Inc. has filed a registration statement on Form S-1 with the US Securities and Exchange Commission relating to the proposed initial public offering of shares of its Class A common stock. All net proceeds from the sale of shares in the offering will be received by the current members of IBG LLC, the current holding company for its electronic market making and brokerage business.
WR Hambrecht + Co and E-TRADE FINANCIAL are acting as the placement agents for the offering which will be made through WR Hambrecht + Co’s OpenIPO auction-based process on a best efforts basis. The number of shares to be offered and the price range for the offering have not yet been determined.