Wednesday, October 24, 2012

Interactive Brokers Guy is Anti-Socialist

This is cool:

"Support the freedom to succeed."

He is a billionaire primarily from Interactive Brokers.

According to Wikipedia, "during his career in finance he has consistently pushed to replace manual processes with more efficient automated ones. Peterffy would write code in his head during the trading day and then apply his ideas to computerized trading models after hours. Peterffy created a major stir among traders by introducing handheld computers onto the trading floor in the early 1980s. Peterffy's business related to his AMEX seat eventually developed into Interactive Brokers."

1 comment:

CP said...

Mr. Peterffy said he believes any effect on the business of Interactive Brokers, which reports third-quarter results Tuesday, will be a wash.

“There will be people who will not like it counterbalanced by people who will,” he said in the email. “As long as I do not get knocked off or have a regulatory crusade against me I’ll be fine.”