FinancialNirvana.com

Interactive Brokers is going public.  I have been using Interactive Brokers for a few months now and couldn’t be happier.  I got an email the other day describing IB’s IPO. 

After 30 years of building our closely held company, we are ready for the next phase of our development. We believe that a public offering of our shares will provide us with greater name recognition and accelerate our growth. Accordingly, we are now launching the Initial Public Offering of 20 million shares of Interactive Brokers Group, Inc. (”IBKR“), and we expect the public offering price to be between $23 and $27 per share.

I have the option to participate in the IPO and I am considering it.  I am going to study the prospectus and competitors in the next few days and make my decision. 

Here’s the website for the prospectus:  http://ipo.interactivebrokers.com/IPO/