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Interactive Brokers says it lost $48 million due to NYSE glitch
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Interactive Brokers says it lost $48 million due to NYSE glitch
Jun 26, 2024 6:26 AM

(Reuters) - Brokerage firm Interactive Brokers ( IBKR ) said on Wednesday it had lost $48 million due to a glitch at the New York Stock Exchange earlier this month that triggered massive swings in the price of Berkshire Hathaway's stock.

The brokerage said it had filed claims with the NYSE to compensate it for these losses, but the exchange denied its requests.

Interactive Brokers ( IBKR ) said it was mulling its options, but does not expect the losses to have a material effect on its finances.

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