interactive brokers founder: Trading and account openings surge in coronavirus 'mass hysteria'
PUBLISHED THU, MAR 5 2020 11:29 AM EST
UPDATED THU, MAR 5 2020 12:56 PM EST
Jesse Pound
@JESSERPOUND
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Thomas Peterffy said he believes investors and the American public
AT large are overreacting to the outbreak.
"Account openings have doubled over the past two months," Peterffy said. "It is great for business, but it's a sad situation."
Peterffy said the volatility in the market was due in part to a lack of liquidity.