UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported):  September 26, 2008

 

INTERACTIVE BROKERS GROUP, INC.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

001-33440

 

30-0390693

(State or Other Jurisdiction
of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer
Identification Number)

 

One Pickwick Plaza, Greenwich, CT 06830

(Address of Principal Executive Offices) (Zip Code)

 

(203) 618-5800

(Registrant’s Telephone Number, Including Area Code)

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

 

o

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

 

o

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

 

o

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 2.02. Results of Operations and Financial Condition.

 

On September 26, 2008, the Registrant issued a press release reporting its preliminary financial estimates for the third quarter to end on September 30, 2008. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference.

 

Item 8.01.  Other Events.

 

On September 26, 2008, the Registrant issued a press release announcing that its Board of Directors approved a share buyback program by its subsidiary IBG LLC, authorizing IBG LLC to repurchase up to 8,000,000 shares of the Registrant’s common stock.  The repurchases will be funded with IBG LLC’s existing cash and will be purchased from the open market and in private transactions if the Registrant deems the price appropriate.

 

The purchases may be made from time to time as market conditions warrant and subject to regulatory considerations.  The timing and amounts of any purchases will be determined by the Registrant’s management.  The share repurchase approval has no time limit and may be discontinued at any time.

 

A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference.

 

All of the information furnished in this report (including Exhibit 99.1 hereto) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and unless expressly set forth by specific reference in such filings, shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)

 

Exhibits.

 

 

 

99.1

 

Press Release dated September 26, 2008.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: September 26, 2008

 

 

INTERACTIVE BROKERS GROUP, INC.

 

 

 

 

 

 

 

By:

 

 

Name:

 Paul J. Brody

 

Title:

 Chief Financial Officer, Treasurer
 and Secretary

 

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EXHIBIT INDEX

 

99.1

 

Press Release dated September 26, 2008.

 

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