On June 15, Interactive Brokers rose 3.38% in regular trading, trading at $94.0/share, with turnover of $35.36 million, as the stock continued to reach record highs.

On the news front, Interactive Brokers recently launched a commission-free ETF recurring investment feature for eligible investors in the European Economic Area, offering access to more than 500 iShares ETFs from BlackRock with a minimum investment threshold of just 10 euros. The company's Ireland CEO Kevin Keller stated that investors should not be constrained by transaction costs when building diversified portfolios. Additionally, Goldman Sachs raised its target price on Interactive Brokers from $102 to $109, maintaining a buy rating, while the FactSet consensus analyst target stands at $89.56, suggesting further upside from current levels. These catalysts, combined with strong May brokerage business data, have sustained bullish sentiment. Within the Investment Banking & Brokerage sector, Robinhood rose 7.02%, Futu Holdings up 4.34%, Goldman Sachs up 2.84%, and Morgan Stanley up 2.32%, reflecting broad sector strength.

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