Brokerage Trade Counts Climbed in the Third Quarter as Regulators Weigh Round-the-Clock Markets
Key Highlights
- ➤Robinhood (HOOD) Q3 revenue $1.42B, up 12%; net income fell 14% to $476M
- ➤Robinhood options contracts traded rose 48% to a record 905M
- ➤Schwab (SCHW) Q3 revenue reached $7.2B, up 17%; trading volume rose 44%
- ➤Interactive Brokers (IBKR) Q3 daily average revenue trades increased 18% to 4.27M
- ➤SoFi (SOFI) Q3 revenue rose 44% to $1.4B and raised full-year guidance
Expert Statements
Vlad Tenev, Chairman and CEO of Robinhood
“Our vision is to make everyone an owner, because broad ownership is essential to a free, stable, and prosperous society,”
Rick Wurster, President & CEO of The Charles Schwab Corporation
“As investing plays an increasingly central role in people's financial lives, clients continue to turn to Schwab for our broad set of wealth, trading, and banking capabilities,”
Milan Galik, Chief Executive Officer of Interactive Brokers
“For decades, Interactive Brokers has used automation to give investors greater access, efficiency and control,”
Anthony Noto, CEO of SoFi Technologies
“Our focus is simple. We are adding more members, who are using more products, and generating more revenue per product to create the most value for our shareholders over the long run,”
Brokerage Trade Counts Climbed in the Third Quarter as Regulators Weigh Round-the-Clock Markets PR Newswire
NASHVILLE, Tenn., Oct. 28, 2026 /PRNewswire/ -- Market Updates News Commentary - Retail investors are trading across more products, and the industry is preparing for longer trading hours. The Business Research Company estimates the global online trading platform market at $11.97 billion in 2025 and expects it to reach $18.29 billion in 2030, a compound annual growth rate (CAGR) of 8.9%, with North America the largest region in 2025. Third-quarter reports filed over the past two weeks by brokerage and trading platforms show how much of that activity is reaching their results. Active Companies from around the markets with current developments this week include: Robinhood Markets, Inc. (NASDAQ: HOOD), The Charles Schwab Corporation (NYSE: SCHW), Interactive Brokers Group, Inc. (NASDAQ: IBKR), SoFi Technologies, Inc. (NASDAQ: SOFI).
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