Interactive Brokers (IBKR) Q4 2025 Earnings Call Transcript Highlights

Operator Thank you for standing by, and welcome to Interactive Brokers Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Nancy Stuebe, Director of Investor Relations. Please go ahead. Nancy Stuebe Director of Investor Relations Thank you. Good afternoon, and thank you for joining us for our fourth quarter 2025 earnings call. Joining us today are Thomas Peterffy, our Founder and Chairman; Milan Galik, our President and CEO; and Paul Brody, our CFO. I will be presenting Milan's comments on the business, and all 3 will be available at our Q&A. As a reminder, today's call may include forward-looking statements, which represent the company's belief regarding future events, which by their nature, are not certain and are outside of the company's control. Our actual results and financial condition may differ, possibly materially, from what is indicated in these forward-looking statements. We ask that you refer to the disclaimers in our press release. You should also review a description of risk factors contained in our financial reports filed with the SEC. In the fourth quarter, we continued to demonstrate the power and leverage of our diversified fully automated global platform, which serves the full spectrum of investors from those new to the markets