Freedom to Succeed
Thomas Peterffy grew up in socialist Hungary. Despite the fact that he could not speak English when he immigrated to the United States in 1956, Thomas fulfilled the American dream. With hard work and dedication, he started a business that today employs thousands of people. In the 1970s, Thomas bought a seat on the American Stock Exchange. He played a key role in developing the electronic trading of securities and is the founder of Interactive Brokers, an online discount brokerage firm with offices all over the world.
Peterffy recalls his childhood under socialism, and says, “The nation became poorer and poorer. And that’s what I see happening here.” He warns that the United States, his adopted country, is embarking on a “slippery slope.”