Key Takeaways

Shares of Interactive Brokers Group ( IBKR ) traded at an all-time high Wednesday, a day after the electronic brokerage firm reported better-than-expected results as strong market gains led to higher consumer trading volume.

The firm posted fourth-quarter earnings per share (EPS) of $1.99, with revenue jumping 22% year-over-year to $1.39 billion. Both exceeded analysts' estimates compiled by Visible Alpha.

Commissions revenue rose 37% to $477 million, with trading volume in stocks soaring 65% and options up 32%. Other fees and services revenue added 47% to $81 million.

Customer accounts increased 30% to 3.34 million, and customer equity grew 33% to $568.2 billion.

Interactive Brokers Group shares surged nearly 7% Wednesday morning to $205.83 after earlier touching a record $209.40. They have more than doubled in the past year.

CORRECTION—This story has been updated to fix the company name .

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