| Revision as of 05:54, 16 March 2007 edit70.73.4.197 (talk) added API and FIX← Previous edit | Latest revision as of 00:12, 1 May 2017 edit undoPointsofNoReturn (talk | contribs)Extended confirmed users4,433 edits Deleting this article in favor of a redirect to the main Interactive Brokers article. IB Group is about the holding company, whereas Interactive Brokers is about the actual company | ||
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| {{Infobox_Company | | |||
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| company_logo = | | |||
| company_type = ] ({{Nasdaq|IBKR}}) | | |||
| location_city = Greenwich, Connecticut | | |||
| location_country = USA | | |||
| key_people = ], Chairman, CEO, and Founder<br/> | | |||
| industry = ]| | |||
| products = ] | | |||
| revenue = | | |||
| homepage = | |||
| }} | |||
| '''Interactive Brokers LLC''' is a United States-based deep discount online brokerage firm, operating on most major worldwide ], ], ], ], and ] exchanges. Its founder, Chairman, and CEO is Thomas Peterffy. Interactive Brokers' features include low fees, ], and electronic order entry, processing, statement delivery, ]s and account management. Their clients can manage their accounts and issue trades using web-based interfaces, custom applications written by Interactive Brokers, client-based applications through API or ], and verbal orders, albeit at a substantial commission. | |||
| As of 2004, the firm's clients were making some 500,000 trades per year on various international markets and accounted for 21.4% of the trading volume of North America. They maintain offices in Chicago, Switzerland, Canada, Hong Kong, London and Sydney. IB is regulated by the SEC, NASD, NYSE, SFA, and IDA. The company had ]s of $1.6 billion USD and ] of $734 million USD in the twelve month period ending in August, 2006. | |||
| Most US Equity purchases or sales, 200 shares or less, can be accomplished through Interactive Brokers for a commission of $1. A minimum commission of $10/month is charged ($3/month if the account holder is under 25), and strict account eligibility criteria are enforced. | |||
| ] lending rates are amongst the most competitive in the industry, with typical accounts charged the ] (or ]) rate plus 150 ] on outstanding debit balances with progressive discounts for larger balances. Unlike many other brokers, interest credit is also made for cash pledged as ] for ]. | |||
| Recently Interactive Brokers filed paperwork with the SEC for an Initial Public Offering on the Nasdaq exchange. The proposed ticker symbol is ''IBKR''. | |||
| ==Trading software== | |||
| * ''Traders Workstation'', a ] ] ] application. It is primarily designed for ], although it can also be used by ] investors and all other account holders (including papertraders). | |||
| * ''PaperTrader'', a slightly simplified version of Traders Workstation targeted developers and papertraders. Papertraders can use it to experiment with trading for free in a virtual marketplace, while developers use it to test programs written around for the Traders Workstation ]. | |||
| * ''MobileTrader'', for certain ] and ]s. | |||
| * ''WebTrader'', their ]. | |||
| ==References== | |||
| ==External links== | |||
| ] | |||
Latest revision as of 00:12, 1 May 2017
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