Account Management Release Notes - May 2013

Week Ending May 31, 2013

The enhancements and modifications below are available as of May 30, 2013.

Account Management Version 2.0 for New SIPP and Money Manager Accounts

Beginning with this release, new SIPP accounts and new Money Manager accounts will now access Account Management Version 2.0.

A SIPP account is a pension account available to all UK residents between the ages of 18 and 75 that allows customers to control their retirement savings and where they are invested. Customers who are employed or self-employed may contribute up to 100% of their earnings (up to £235,000) in any one tax year. SIPP accounts allow retired and unemployed customers to invest up to £3,600 per year and trade financial products, property and other items. Interactive Brokers (UK) Limited does not accept SIPP's outright; rather, it does accept a SIPP Administrator of a SIPP to open a master account. A SIPP Administrator's clients can then open sub accounts and trade their SIPP through Interactive Brokers (UK) Limited.
Money Manager accounts allow these designated traders to register as Money Managers and accept client trading assignments from Professional Advisors, then trade for multiple clients from a single order management interface.

For more information on Account Management Version 2.0, see the Account Management Users' Guide.

Client Accounts Page Updated

Beginning with this release, the Client Accounts page now contains three tabs to make it easier for institutional account master users to view large numbers of client or sub accounts. The three tabs are: Open Accounts, Pending Accounts and Closed Accounts.

The Client Accounts page lets Advisor, Broker, Fund Investment Managers and Proprietary Trading Group Master Users view client account lists, view the status of pending client applications, continue a semi-electronic client application, delete an application for a pending client account, view a list of closed client accounts, and Advisors and Fund Investment Managers can download client information to an Excel spreadsheet.

Access the Client Accounts page as follows:

In Legacy Account Management, click Account Administration > Client Accounts.
In Account Management Version 2.0, click Manage Account > Account Information > Client Accounts.

Week Ending May 17, 2013

The enhancements and modifications below are available as of May 17, 2013.

Account Management Version 2.0 for New Non-Disclosed Brokers, Omnibus Brokers and Allocation Fund Accounts

Beginning with this release, new Non-Disclosed Broker, Omnibus Broker and Allocation Fund accounts will now access Account Management Version 2.0.

Note that existing Non-Disclosed Broker, Omnibus Broker and Allocation Fund accounts continue to use our Legacy Account Management system (menu panel located on the left side of the screen).

For more information on Account Management Version 2.0, see the Account Management Users' Guide.

EmployeeTrack - Search By Volume

Beginning with this release, Compliance Officers can now search all employee accounts for accounts that have activity volume over a specified value and view a report of the results. Activity includes trades, dividends and transfers but does not include cash-related activities such as interest or deposits. Results can be viewed as a web page or saved as a PDF file.

To access this new function, log into EmployeeTrack Management, then click Reports > Compliance > Search by Volume.

EmployeeTrack Management Version 2.0 is accessible only to IB EmployeeTrack accounts..

EmployeeTrack Management Usability Updates

Beginning with this release, we have introduced the following usability enhancements to EmployeeTrack Management Version 2.0, which is accessible only to IB EmployeeTrack accounts.

The Account ID menu (pull-down menu located at the top right of the screen) has been removed.
The Language menu, available by clicking the map icon at the top of the Home page, now has a blue arrow next to it.
The Account ID is now displayed at the top left of the screen immediately below the menus.
Logout is now a button, still located at the top right of the screen.
The Reference menu button has been replaced by a book icon located next to the Help icon on the upper right side of the page. Click the book icon to display the Reference menu in a new window.

Non-Prototype Pension Plan Accounts are Now Called Pension Plan Trust Accounts

Non-Prototype Pension Plan Accounts, subaccounts holding assets for qualified Pension Plans that Professional Advisors can add as client accounts, have been renamed. These accounts are now called Pension Plan Trust Accounts.

To add a Pension Plan Trust Account, a Professional Advisor sends an invitation for a fully electronic account application from within Account Management.

Week Ending May 10, 2013

The enhancements and modifications below are available as of May 10, 2013.

Account Management Version 2.0 Menu Changes

Beginning with this release, the following changes have been made to the Account Management Version 2.0 menus:

The Trade > Configuration menu and all of its functions (Trading Permissions, Market Data Subscriptions, et al) has been moved to Manage Accounts and can now be accessed by clicking Manage Accounts > Trade Configuration.
Hedge Fund Capital Introduction Program has been moved to the Trade menu under the label Hedge Funds.
The Reports second-level menu has been reworked:

Margin Reports, Stress Test Reports and Value at Risk Reports are now located in the Reports > Risk menu.
The Cost Basis menu has been renamed to Tax. Tax Forms, Tax Optimizer, Position Transfer Basis and Forex Cost Basis can now be found in the Reports > Tax menu.
Delivery Settings has been renamed to Settings. Access this page by clicking Reports > Settings.

Paper Forms can now be accessed by Advisor Master Users, Proprietary Trading Group Master Users and Investment Manager Master Users by clicking Support > Paper Forms.

Note that these functions themselves remain unchanged.

The following table summarizes all of the menu changes.

Function	New Menu Location
Trading Permissions	Manage Accounts > Trade Configuration > Permissions
Early Option Exercise	Manage Accounts > Trade Configuration > Early Exercise
Research Subscriptions	Manage Accounts > Trade Configuration > Research
Market Data Subscriptions	Manage Accounts > Trade Configuration > Market Data
Market Data Subscriber Status	Manage Accounts > Trade Configuration > Subscriber Status
Alert Notifications	Manage Accounts > Trade Configuration > Alerts
Trading Limits	Manage Accounts > Trade Configuration >Trading Limits
Trading Restrictions	Manage Accounts > Trade Configuration > Restrictions
Client Trading	Manage Accounts > Trade Configuration > Client Trading
Futures Arb Agreement	Manage Accounts > Trade Configuration > Futures Arb
Asia Gateway Access	Manage Accounts > Trade Configuration > Asia Gateway Access
Hedge Fund Capital Introduction Program	Trade > Hedge Funds
Paper Forms	Support > Paper Forms
Margin Reports	Reports > Risk > Margin Reports
Stress Test Reports	Reports > Risk > Stress Test Reports
Value at Risk Reports	Reports > Risk > Value at Risk Reports
Tax Forms	Reports > Tax > Tax Forms
Tax Optimizer	Reports > Tax > Tax Optimizer
Position Transfer Basis	Reports > Tax > Position Transfer Basis
Forex Cost Basis	Reports > Tax > Forex Cost Basis
Delivery Settings	Reports > Settings

Week Ending May 3, 2013

The enhancements and modifications below are available as of May 3, 2013.

Account Management Version 2.0 for New Financial Advisors and Fully Disclosed Brokers

Beginning with this release, new Financial Advisor accounts and new Fully Disclosed Broker accounts will now access Account Management Version 2.0.

Note that existing Financial Advisor and Fully Disclosed Broker accounts continue to use our Legacy Account Management system (menu panel located on the left side of the screen).

For more information on Account Management Version 2.0, see the Account Management Users' Guide.

Account Management Version 2.0 Usability Enhancements

Beginning with this release, we have introduced the following usability enhancements to Account Management Version 2.0.

The Account ID menu (pull-down menu located at the top right of the screen) has been removed.
The Language menu, available by clicking the map icon at the top of the Home page, now has a blue arrow next to it.
The Account ID is now displayed at the top left of the screen immediately below the menus.
Logout is now a button, still located at the top right of the screen.
The Reference menu button has been replaced by a book icon located next to the Help icon on the upper right side of the page. Click the book icon to display the Reference menu in a new window.
The Account Details menu item has been moved to the far left position under Manage Account > Account Information > Details.
The User Information page has been removed from the Manage Account > Settings > User Information menu. You can access this functionality and modify your personal information on the Manage Account > Account Information > Details > Profile page.

Expanded Eligibility for Linking Accounts

Beginning with this release, eligibility for account linking functions in Account Management (both Legacy and Version 2.0) have been expanded. This expanded eligibility applies to these account linking functions:

Create Linked Account - Create a new account that is linked to your account under the same username and password. Click here for more information.
Link Existing Account - Link multiple IB accounts under a single username and password. Click here for more information.
Link Account to Advisor/Broker - Link your full account, including all cash and positions, to an IB Advisor- or Broker- managed account. Click here for more information.

The following customers can now access these functions:

Customers with multiple accounts;
Customers with IB-UKL (cleared in the UK) accounts;
Customers with two accounts, one of which is a multiple account structure;
In addition, US customers with multiple account structures can now create Transfer on Death beneficiaries. Prior to this release, US customers with multiple account structures were not allowed to create Transfer on Death beneficiaries.

New Positions Tab in Account Management Version 2.0

A new tabbed page, Positions, is now available from the Home page in Account Management Version 2.0. The Positions tab displays all of the positions and cash in your account, or in the case of a multiple account structure, in the selected account.

Currently, the Positions tab is only visible to Individual, Joint, Trust, and IRA accounts that are NOT Advisor or Fully Disclosed clients.