# Milan Galik

> Milan Galik is Chief Executive Officer, President and Director of Interactive Brokers Group. Recruited by Thomas Peterffy as a software developer in 1990, he helped establish German operations, build automated market-making systems and develop electronic brokerage before becoming president in 2014 and CEO in October 2019. His public remarks focus on market access, platform usability and automation.

- **Role:** Chief Executive Officer, President and Director at Interactive Brokers Group, Inc.
- **Organizations:** Interactive Brokers Group, Inc., IBG LLC, IBKR Securities Services LLC, Boston Options Exchange (former director)
- **Education:** Master of Science in Electrical Engineering, Technical University of Budapest
- **Known for:** Helped establish the firm’s German operations in 1991., Contributed to automated market-making systems and the electronic brokerage business., Advanced from software developer to president and then CEO within the same business.

## Career timeline

- **1990** — Earned an M.S. in electrical engineering and joined the business as a software developer, recruited by Thomas Peterffy.
- **1991** — Moved to Frankfurt, helped launch German operations and ran a derivatives trading desk on the first electronic exchange there.
- **1992** — Returned to the United States and helped build automated market-making systems; later shifted focus toward electronic brokerage.
- **1998-04** — Became vice president of the subsidiary now named IBKR Securities Services LLC.
- **2003-10** — Became senior vice president of software development at IBG LLC, serving until October 2014.
- **2006-11** — Became a director of Interactive Brokers Group.
- **2013-10** — Began service on the Boston Options Exchange board, ending May 2023.
- **2014-10** — Became president of Interactive Brokers Group and IBG LLC.
- **2019-10-01** — Became CEO, succeeding Thomas Peterffy, who remained chairman.

## Achievements

- Helped establish the firm’s German operations in 1991.
- Contributed to automated market-making systems and the electronic brokerage business.
- Advanced from software developer to president and then CEO within the same business.
- Led Interactive Brokers during the 2024 launch of IBKR Desktop.

## Latest updates

- **2026-10** — On the October 15 earnings call, Galik described a limited autonomous AI trading rollout to approximately 3,000 invited clients who had previously used the human-in-the-loop AI Connector.
- **2026-10** — Discussed easier RIA onboarding, integrations with multi-custodial platforms and work on account access in Japan.
- **2026-10** — Commented on the October 13 launch of cryptocurrency staking for eligible clients through zerohash, initially involving Ethereum.

## Links

- Website: https://www.interactivebrokers.com/en/general/about/IR-ExeProfiles.php
- LinkedIn: http://www.linkedin.com/pub/milan-galik/94/377/658

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Profile page: https://yespress.io/milan-galik
Published by YesPress — https://yespress.io
Last updated: 2026-10-21