Robinhood and Interactive Brokers Both Ride Retail Volume. Only One Earns on Idle Cash.
Record trading volumes are leading to strong earnings for Robinhood and IBKR, but will subscription revenues be the big long-term winner?
Overview
CBOE Global Markets (NYSEMKT: CBOE) reported record revenues in the second quarter of 2026, up 25% year over year. Earnings rose 50%. And a key driver was record trading volume. That's great for CBOE, but that same Wall Street enthusiasm has been helping discount brokers Robinhood (NASDAQ: HOOD) and Interactive Brokers (NASDAQ: IBKR).
Only, these discount brokers aren't going down the same path as businesses. Here's a key difference that may affect which discount broker you choose to buy.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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