Interactive Brokers ($IBKR) has reported record-high margin levels in its accounts, with Chairman Thomas Peterffy stating that margins are increasing daily and currently represent the highest levels ever recorded. This trend reflects a broader market environment where traders are heavily leveraged, particularly in the cryptocurrency sector, which Peterffy described as being based on 'hot air.' The firm has also seen substantial growth in its total accounts, achieving a 37% compound annual growth rate (CAGR) over the past five years. In after-hours trading, $IBKR shares rose by 3%, following a strong earnings report that indicated the company's continued expansion and robust performance in options trading, with volumes reaching an all-time high this quarter. The company's operating margins stand at 75%, and its account base has grown to approximately 3.3 million accounts, suggesting a sustained demand for its services.