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Actionable news in IBKR: Interactive Brokers Group, Inc.,

Sag Harbor's Sanford Finds Value in Brokerages, ETF Managers

Shares of Interactive Brokers (IBKR) are down 14% thus far in 2016, but the electronic broker and market maker will see its fortunes turn around as it captures market share from its larger rivals, said Jim Sanford, portfolio manager at Sag Harbor Advisors.

"Interactive Brokers should steal more and more market share from Fidelity and TD Ameritrade as more savvy investors and fee-only advisors become cognizant of its superior technology...