Interactive Brokers reveals $48 million loss from NYSE glitch

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Interactive Brokers realized losses of $48 million on Berkshire Hathaway trade issue

June 26, 2024 10:18 AM EDT

Interactive Brokers (NASDAQ: IBKR) experienced losses of approximately $48 million, including on certain hedge transactions, after the New York Stock Exchange (NYSE) denied its claims for compensation related to the June 3 trading disruption.

The NYSE, in conjunction with other U.S. stock exchanges,... More