Attended by Leo Varadkar T.D. together with the Board and Executive leadership of Interactive Brokers Ireland Limited, Interactive Brokers have opened a new office in Dublin.
After opening its first office in 2020 after Brexit, Interactive Brokers is now strengthening its presence in Europe by setting up a new office in Dublin, Ireland.
Kevin Keller, Chief Operating Officer at Interactive Brokers Ireland said that the company initially chose Ireland because of the advantages of Ireland's EU membership, strong regulatory reputation, and ease of access to the European market. During this process and in the first two years, they were impressed by the talent of local financial services and the pro-business environment. He added that the global broker's Dublin office currently employs 110 staff, which is more than the company's initial estimate.
On another occasion, Mary Buckley, Interim CEO, IDA Ireland, added that Ireland, as a country with its dynamic international financial services environment, has proven to be an excellent location for Interactive Brokers. This move to the new office signifies the company's continued commitment to its operations here.
According to the official announcement, An Tánaiste Leo Varadkar TD joins the Board and Chief Executive of the brokerage subsidiary based in Ireland.
In other news, earlier in October, the low-commission broker reported a 70% increase in the company's third-quarter revenue, reporting $790 million over the three months between July and September 2022.