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Account Management Release Notes - October 2014

Week Ending October 31, 2014

The enhancements and modifications below are available as of October 31, 2014.

Three-Level Fully Disclosed Broker Accounts

Beginning with this release, fully disclosed brokers can now add Advisor, Proprietary Trading Group STL and Multiple Hedge Fund accounts to the broker account structure. Once added to the fully disclosed broker account, these institution accounts can add their own client, sub or fund accounts, effectively creating a three-level account structure.

In Account Management, a fully disclosed broker can add these accounts on the Manage Clients > Accounts > Create > New page by sending an electronic invitation to an Advisor, STL or Hedge Fund Manager, who will complete an account application.

For more information, refer to the Account Management Users' Guide.

For detailed rules governing these new three-level accounts, see Rules for Three-level Fully Disclosed Broker Accounts.

Expanded Advisor and Broker Client Account Templates

Advisors and Fully Disclosed Brokers who create client account templates in Account Management to save and re-use application information for new client accounts can now enter additional information in a client account template, including:

For more information, refer to the Account Management Users' Guide.

Broker Client Downloads

Brokers with 750 or more clients can now download client account information to Microsoft Excel on the Manage Clients > Accounts > View > Summary page in Account Management. Previously, only brokers with less than 750 clients could access this feature.

Week Ending October 17, 2014

The enhancements and modifications below are available as of October 17, 2014.

New Trading Permission - T+2 Settlement Program

Beginning with this release, a new trading permission - United States (T+2 Settlement Program) - is available on the Trading Permissions page in Account Management. IB LLC, IB UK and IB CA customers who write covered calls can now purchase new shares to satisfy their delivery obligations, rather than incur a higher tax liability by using existing shares.

Once you sign up for this new trading permission, you will be able to select TPLUS2 as the order destination for a stock purchase in Trader Workstation.

Expanded Traders' Marketplace Menus

The Traders' Marketplace > Search Services menu lets IB customers search for service providers within Account Management. This menu has been expanded to include the following new marketplaces:

The Traders' Marketplace > Advertise Services menu lets IB customers apply to advertise their services to other IB customers within Account Management and to IB customers and non-customers in the Traders' Marketplace on our website. This menu has been expanded to include the following new marketplaces:

Proprietary Accounts for Broker-Dealers

We have modified the account structures for Fully Disclosed and Non-Disclosed Brokers to include a new Proprietary Account for Broker-Dealers. In the modified account structure, Fully Disclosed and Non-Disclosed Brokers have two accounts in their name:

Funding Rules for the Modified Account Structure

When Will the New Account Structure Affect Your Broker Account?

All new Fully Disclosed and Non-Disclosed Broker accounts use the new account structure.

Beginning this month, existing Fully Disclosed and Non-Disclosed Broker accounts will be migrated to the new account structure. We anticipate this migration to be completed in a few months.

Contact Customer Service for more information.

Week Ending October 10, 2014

The enhancements and modifications below are available as of October 9, 2014.

Funding Added to Mobile Account Management

Beginning with this release, you can perform a variety of funding tasks on Mobile Account Management.

You can launch Mobile Account Management from you cell phone in one of two ways:

Login to Mobile Account Management, and then tap More, then Funding to:

You can also view your account balances, positions, and generate an activity statement from Mobile Account Management.

Activity Download Updates

The Activity Downloads page has been renamed. It is now called Third-Party Downloads and is accessible by clicking Reports > Activity > Third-Party Downloads in Account Management. For more details, see the Reporting Release Notes.

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