Multi-asset automated brokerage Interactive Brokers (NASDAQ:IBKR) reported on Tuesday a net revenue growth of 17.4% to $1.2 billion in 2016. Its pre-tax income stood at 761 million last year, which is 66.2% higher than a year earlier. In 2016, Interactive Brokers’ pre-tax profit margin stood at 55%. In the electronic brokerage segment alone, pre-tax profit margin increased by 12 percentage points to 61%. Market making pretax profit margin, however, dropped to 22% in 2016 from 44% in 2015. “In addition, the results for the year include a $65 million loss on our currency diversification strategy, compared to a $269 ... (full story)