Thomas Peterffy, Founder and Chairman of Interactive Brokers, appeared on CNBC to discuss the market rally following Donald Trump’s recent election victory. Broker stocks, including Interactive Brokers, saw notable gains as part of the rally.

Regulatory Changes Driving Activity

Peterffy acknowledged that while the surge may not be fully justified, he sees a more favorable regulatory environment as a key factor in driving future market activity. “We certainly are looking at a better environment from a regulatory standpoint, and that is going to be a great deal of help,” he said.

He also addressed the growing trend of overnight trading. According to Peterffy, liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term in these markets will soon match that of daytime trading. “In a few years, there will practically be no difference between trading during the day and trading at night. Liquidity will be equally good 24 hours a day,” he stated.

Peterffy further discussed the potential of prediction markets, a product launched by Interactive Brokers. He predicted that these markets could surpass equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term markets in size, with liquidity being the main challenge to overcome.

“This is going to be a huge market… It is going to be a larger market, in my view, than the equities market, maybe in 16 years or so, because it will grow very, very quickly,” he remarked.

Interactive Brokers Expands to Dubai

Meanwhile, Interactive Brokers has opened a new office at the Dubai International Financial Center, aiming to provide UAE and Gulf Cooperation Council traders and investors with access to global markets, as reported by Finance Magnates.

This expansion is in response to growing demand for financial services in the region. The DIFC office will cater to a variety of clients, including active traders, high-net-worth individuals, hedge funds, and family offices.

Clients can access over 150 global markets via a single platform, offering a range of asset classes. Interactive Brokers also holds a Category 4 license from the Dubai Financial Services Authority.