IBKR Podcasts

Could persistently high interest rates finally put the stock market under pressure? Interactive Brokers’ Jeff Praissman and Prosper Trading Academy’s Scott Bauer discuss inflation, rising bond yields, oil prices, and tightening credit conditions, while examining what bank earnings and upcoming economic data could reveal about the market’s next move.

What really goes into the price of an option? Jeff Praissman and Mat Cashman of the Options Industry Council break down intrinsic and extrinsic value, implied volatility, time decay, delta, gamma, and the forces that can move an option’s premium.

What does it really take to build a lasting career on Wall Street? Cboe’s Stacey Gilbert joins Interactive Brokers’ Judith Casasampere to reflect on nearly three decades in the derivatives industry and to share lessons on risk-taking, failure, mentorship, confidence, and finding opportunities to grow.

Stocks continue to push higher even as interest rates climb, but how long can that divergence last? Andrew Wilkinson and Interactive Brokers Chief Market Strategist Steve Sosnick discuss rising global yields, AI-driven market concentration, pressure on banks, and why the market may be more fragile beneath the surface.

Scott Bauer of Prosper Trading Academy joins Jeff Praissman to break down the biggest risks facing markets right now. From interest rates and the jobs report to earnings, debt, and sector opportunities, they discuss what could drive the market’s next move and whether traders should keep buying the dips.

Nasdaq’s Michael Normyle joins IBKR’s Jeff Praissman to break down what the headline inflation numbers may be missing, from energy prices and tariffs to housing, wages and the AI investment boom. They discuss what’s driving inflation today, the resilience of the consumer and why separating AI-driven growth from the broader economy could offer a clearer picture of what comes next.

In this IBKR Podcast episode, Andrew Wilkinson is joined by David Keller, President and Chief Strategist at Sierra Alpha Research, to examine whether technology can keep driving the stock market higher as transports and financials struggle. They discuss market breadth, Dow Theory, rising energy costs, the yield curve, and what it could take for the Nasdaq Composite to reach 30,000.

Options activity isn’t always as simple as a single call or put. Market Chameleon’s Dmitry Pargamanik joins IBKR’s Jeff Praissman to explore multi-leg options strategies, how traders analyze spreads and options flow, and what larger trades may reveal about activity in the market.

Elizaveta Gridneva of IBKR Hong Kong welcomes Nick Ng back to the IBKR podcast to discuss all things Japanese markets. From rising bond yields and yen intervention to Japan’s equity rally, corporate governance reforms, and the forces shaping its long-term outlook, Nick breaks down what investors should be watching.

Scott Bauer joins Jeff Praissman to break down the market forces extending beyond the Fed’s latest rate decision. They discuss interest rates, oil prices, inflation, AI concerns, economic data, and what investors may be watching for in the Fed’s outlook for the months ahead.

Steve Sosnick joins Andrew Wilkinson on this IBKR Podcast to break down why stocks continue climbing a growing wall of worry, even as AI concerns, rising Treasury yields and economic risks test investor confidence. They also discuss the market’s persistent buy-the-dip mentality, the Fed’s next move and whether the upcoming midterm elections could disrupt the rally.

Sleep no more? How will your trading strategy adjust to 24/7/365 on-chain markets? In this episode of IBKR Podcasts, host Steven Levine sits down with Adrian Reid, founder of Enlightened Stock Trading and a 20-year veteran of rules-based, systematic trading, to explore the seismic shifts reshaping today’s markets. From the explosive rise of tokenized real-world assets (RWAs) and ‘round-the-clock crypto trading to the erosion of traditional market structures like daily opens and closes, Adrian breaks down what’s changing—and what timeless principles will remain...timeless. Discover why Bitcoin’s volatility is starting to resemble high-beta tech stocks, how to adapt trading systems when overnight gaps disappear, and why constant market-watching is a trap rather than an edge. Adrian shares hard-won insights on diversification across markets and asset classes, the dangers of excessive leverage, and his golden rule: you can’t win the game if you’re not in the game. Whether you’re a systematic trader, a…

Are you looking at implied volatility the right way? Mat Cashman of OCC joins Jeff Praissman to explain why an IV number doesn’t mean much without context, and how comparing implied volatility with historical volatility can give traders a more useful framework for understanding options pricing.

AI is becoming a bigger part of how companies operate, but measuring its actual value is proving more complicated. Nasdaq’s Michael Normyle joins the IBKR Podcast with Jeff Praissman to discuss how traditional software metrics are evolving in the age of agentic AI, what new measures could emerge, and whether productivity could become a key way investors evaluate AI-driven value.

Jeff Praissman and Scott Bauer discuss mixed signals from economic growth, inflation, and the labor market as investors weigh the Fed’s next move. They also look at shifting sector leadership, market sentiment, and what upcoming earnings could reveal about the outlook for stocks.

Nvidia earnings and the Fed are competing for investors’ attention as markets weigh sticky inflation, rising Treasury yields and signs of pressure on the consumer. Jeff Praissman and Scott Bauer discuss whether Nvidia’s results could ultimately matter more for markets than Jackson Hole, inflation data and the Fed’s next move.

Trading coach Sam Warner-Baker joins IBKR’s Andrew Wilkinson to explore how traders can use AI to improve preparation, challenge investment theses, assess portfolio risk, and review trading decisions. They discuss how AI can help traders strengthen their overall approach to the markets through smart questions and clear strategy.

Why are women more likely to save than invest? IBKR’s Maria Dieguez sits down with self-investor and financial policy expert Betsy Dorudi to discuss the investing confidence gap, the barriers that keep women from entering financial markets, and why getting started can matter more than waiting until you feel fully prepared.

Calendar spreads can offer traders a way to express views on volatility and time—not just market direction. In this episode, Jeff Praissman and Dmitry Pargamanik of Market Chameleon break down the anatomy of a calendar spread, covering implied volatility, vega, event risk, assignment considerations, and what separates a well-structured trade from a risky one.

Cooling labor data, persistent inflation concerns and the strength of the U.S. consumer are putting the economy under the microscope. Scott Bauer joins Jeff Praissman on this week’s IBKR Market Minute to discuss the latest jobs numbers, CPI and PPI, retail sales, Fed expectations and the market forces investors should be watching next.

What does it really take to build a successful career on a trading desk? Xheni Brahaxhija shares her journey from compliance to front-office trading while discussing the critical role of access, mentorship, sponsorship, and leadership in creating opportunities and helping more women thrive in financial markets.

AI is lowering the barriers to entrepreneurship and new data suggests solo businesses are on the rise. Nasdaq’s Michael Normyle joins Jeff Praissman in this IBKR Podcast episode to explore how AI is fueling new business formation, boosting productivity, and reshaping what it takes to build a company.

Japan is undergoing one of its biggest economic and market transformations in decades. Discover the three key reasons global investors are turning their attention to Japan, and learn how Japanese ETFs provide a simple, cost-effective way to access this evolving market.

The market may look resilient on the surface, but the charts tell a more nuanced story. David Keller of Sierra Alpha Research joins IBKR Podcasts to discuss momentum, market tops, sector rotation, and the technical signals investors should be watching as volatility simmers beneath the indexes.

Is the market still in ”buy the dip” mode, or has it shifted to ”sell the rip”? Jeff Praissman and Prosper Trading Academy’s Scott Bauer break down rising oil prices, inflation, Big Tech earnings, and the market psychology shaping investors’ next move.

What does it really take to become a successful trader? IBKR interns put veteran systematic trader Adrian Reid to the test with questions about AI, risk management, backtesting and building a lasting edge, revealing the lessons every aspiring trader should learn.

Our IBKR summer interns sat down with veteran trader Jim Iuorio to discuss surviving market crashes, navigating the transition from open-outcry trading pits to the age of AI, managing risk and developing lasting trading instincts. As the next generation of finance professionals prepares to enter the workforce, this conversation offers practical lessons and valuable insights for aspiring traders and seasoned investors alike.

Would you let an AI assistant make purchases on your behalf? In this IBKR Podcast episode, Alex Gunz of Heptagon Capital joins IBKR’s Andrew Wilkinson to explore the rise of agentic commerce, the risks to consumers and brands and what this shift could mean for the future of shopping.

Markets are balancing stronger inflation data against rising energy prices as investors look ahead to key retail sales reports and another wave of Big Tech earnings. Scott Bauer joins the IBKR Podcast to break down the latest Federal Reserve outlook, AI spending, CapEx trends and the market catalysts that could shape the week ahead.

Are emerging markets entering a new era of opportunity? In this IBKR Podcast episode , Malcolm Dorson of Global X breaks down the countries, sectors, and investment themes that could become the next stars of the emerging markets universe, from India and Latin America to opportunities beyond China.

As women take on an increasingly influential role in wealth creation and investing, the financial industry is facing one of its biggest opportunities for change. Jenny Riera, Co-Head of Wealth Partnerships & Solutions for Latin America at BlackRock, shares insights on the rise of women investors, the barriers that remain and how the industry can better serve the next generation of wealth creators.

In this IBKR podcast episode, Roli Saxena shares her unconventional journey from engineering to fund management, highlighting how reinvention, confidence and conviction shaped her career. She discusses lessons from building a global career and why backing yourself matters more than fitting expectations.

Markets may be climbing, but rising uncertainty around inflation, the jobs report and Federal Reserve policy could test investors in the weeks ahead. Scott Bauer of Prosper Trading Academy joins the IBKR Podcast to discuss the VIX, AI-driven stocks and market volatility.

What happens when you let code handle the execution while you focus on the strategy? Dave Mabe joins the IBKR podcast to share how automation, backtesting and the Interactive Brokers API helped him scale from hundreds to thousands of trades while avoiding costly manual mistakes.

As global energy producers build new pipelines and alternative export routes, could the Strait of Hormuz be losing its strategic importance? Macro strategist Sam Rines joins IBKR’s Elizaveta Gridneva to explore energy security, geopolitical risk, the resilience trade, AI and where investors may find opportunities in a rapidly changing world.

Hyperliquid has fast become one of the most discussed platforms in the crypto space, notably for its 24/7 perp futures trading, as well as for its price discovery opportunities. 21Shares’ Eliézer Ndinga, Global Head of Research, and Adrian Fritz, Chief Investment Strategist, discuss their deep insights into the technology that might just be the model for, or perhaps the go-to platform for, the future of finance.

Everyone assumes AI is making it harder for young workers to land their first job, but what if remote work is the real culprit? In the latest IBKR Podcast episode, Jeff Praissman sits down with Nasdaq’s Michael Normyle to explore surprising new research on junior hiring, hybrid work and the future of career development.

In this IBKR Podcast episode, Elizaveta Gridneva from Interactive Brokers Hong Kong and Steven Barnett explore the shifting balance of global growth and the rising influence of major Asian economies. They also break down the forces behind changing trade patterns, domestic demand and long-term development trends shaping the world economy.

In this IBKR Podcast episode, Scott Bauer and Jeff Praissman break down whether price action is being driven more by macroeconomic forces, central bank decisions or trader positioning - and what that means for what comes next..

As part of Interactive Brokers’ ongoing podcast series highlighting women in the financial industry, Kelly Gusmao joins IBKR’s Judith Casasampere to discuss building innovative businesses, empowering female investors and creating opportunities for the next generation of leaders.

Discover how leveraged ETFs work and why they have become popular tools for active traders seeking amplified market exposure. In this IBKR Podcast episode, Jeff Praissman and Will Rhind break down daily resets, compounding effects, earnings-season trading, volatility and practical ways investors use leveraged ETFs in today’s markets.

In this inaugural episode of IBKR Podcasts’ The Missing Perspective, Cecilia Bosman, investment analyst at Skerryvore Asset Management, discusses the gender gap in investing and the structural and behavioural factors shaping women’s participation in financial markets. She explores confidence, representation and wealth creation, and how the industry can encourage more women to invest and build long-term financial independence.

What do massive option sweeps and unusual volume really reveal and what are traders getting completely wrong? Dmitry Pargamanik of Market Chameleon joins the IBKR Podcast to break down how professionals decode options activity, spot hidden institutional behavior and separate real signals from market noise.

In this IBKR Podcast episode, Nasdaq’s Michael Normyle joins Jeff Praissman to examine the dramatic decline in publicly listed small-cap companies and the factors driving it, including mergers, delistings, fewer IPOs and the growth of private capital.

In this IBKR Midweek Minute, Scott Bauer of Prosper Trading Academy joins Jeff Praissman to break down the latest market action, from AI-fueled tech rallies and energy sector strength to surprising opportunities in retail. They also explore the growing disconnect between low market-wide volatility and extreme individual stock swings, plus what traders should watch ahead of the upcoming nonfarm payrolls report.

This is a special IBKR Podcast, the second installment in our series following The Tulip Bubble: When Flowers Cost More Than Houses. The South Sea Bubble explores how a wave of speculation, corruption and mass delusion turned a debt-restructuring scheme into one of history’s most infamous financial manias, leaving fortunes destroyed and lessons that still resonate today.

In this IBKR Midweek Minute, Andrew Wilkinson speaks with Kevin Davitt, Head of Index Options Content at Nasdaq, about the relentless market rally, AI bubble comparisons, energy prices and investor sentiment. They also explore the surprising reaction to moon base headlines and why home builder stocks failed to participate in the broader market enthusiasm.

As conflict around the Strait of Hormuz disrupts global trade, the world’s fertilizer supply chain is facing unprecedented pressure. Andrew Wilkinson speaks with AgResource analyst Ben Buckner about soaring fertilizer prices, the threat to corn and wheat production, and why the Iran crisis could trigger the next global food shock.

In this IBKR Midweek Minute, Scott Bauer joins Jeff Praissman to discuss whether the tech-driven market rally is running on borrowed time as stocks push to record highs. They break down inflation, rising yields and Fed policy uncertainty to assess whether the current momentum can last.

In this IBKR Podcast episode, we explore how autonomous vehicles are shifting from distant promise to present reality, with 2026 shaping up as a pivotal moment for robotaxis. Alex Gunz from Heptagon Capital joins us to break down how software, data, and AI are redefining transportation, and why the biggest winners may not be the car makers at all.