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Sep 30, 2021 · In 1977, Hungarian-born Thomas Peterffy purchased a seat on the American Stock Exchange. A decade later, he developed a fully automated market-making system for stocks, options, and futures, an innovation that forever changed the trading floor and fast-tracked his career success.
- Immigrant to Entrepreneur
- Interactive Brokers' Keys to Success
- New Developments For Peterffy's Company
Peterffy was born in 1944 in the bomb shelter of a Hungarian hospital during a Russian air raid. Eventually, after beginning studies in engineering, he gathered the courage and resources to immigrate to the United States in the mid-1960s. When he arrived, he knew no English and had zero resources. Through perseverance, Peterffy was able to earn a j...
In a conversation with Benzinga, Peterffy explained that the true driver behind these astounding figures isn't heavy advertising or powerful marketing, but rather trust in the success of the product. "Most users get on by word of mouth," he said. How does an immigrant with no knowledge of American culture or language go on to create a technological...
2019 has been far from a slow year for Interactive Brokers. In March, the firm launched trading on the Tel Aviv Stock Exchange for its users, a move propelled by the company's strong presence in the region. "In Israel, we have a very large customer base because we have one IBKR customer for every 700 Israeli citizens, which is pretty high given tha...
Apr 23, 2015 · NPR's Planet Money profiles a Hungarian immigrant who pioneered computerized trading. Thomas Peterffy struggled for years and experimented with many techniques, including a typing robot.
- David Kestenbaum
Sep 15, 2023 · Discover my exclusive interview with the founder of Interactive Brokers! A source of inspiration for any self-respecting entrepreneur (and investor).
Dec 22, 2023 · Finance whiz Thomas Peterffy made his fortune trading options and building a brokerage. Now he’s sharing his investment wisdom—including why he relies on his own research when placing risky bets.
- John Hyatt
3 days ago · On October 10th Interactive Brokers Group founder and CEO Thomas Peterffy posted a video to his eponymous YouTube account titled "Freedom To Succeed."
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Jun 14, 2013 · On today's show, Peterffy tells us his story — and he explains why he's worried about the financial world he helped create.
