Interactive Brokers Adds Products from Canada, Japan, Belgium and The Netherlands; Expands UK and German Products; and Now Offers Independent Financial Advisors and Introducing Brokers a Low Cost Alternative for Execution and Clearing Around the World
Greenwich, CT August 21, 2003---Interactive
Brokers (IB) www.interactivebrokers.com,
a global electronic brokerage firm, now offers its customers the ability to electronically trade Canadian stocks, Japanese index futures and options, Belgian index futures and options, Dutch index futures, and UK and German equity options, with Canadian equity options and index futures as well as Dutch index options to follow shortly. With these additions, the Interactive Brokers Group now clears and/or executes stocks, options, futures, and forex on over 50 different market centers in 17 countries.
“By adding these markets, we continue to lead the industry in providing trading professionals with electronic access to the world’s markets at the lowest possible price,” says IB’s Vice President of Business Development and Marketing, Steve Sanders. “We challenge traders to find another electronic broker that offers this wide a range of products at such a low cost.”
In addition to individual active trader and institutional accounts, IB now offers accounts specifically customized for financial advisors and introducing brokers. The accounts provide a low cost solution for execution, clearing and custodial services.
“With IB’s services and low commissions, independent advisors can now compete with financial advisors at larger brokerage houses,” states Sanders. “And just as importantly, financial advisors can choose from more than 50 market centers around the globe from which to allocate to their clients’ portfolios.”
For a list of IB’s commissions on worldwide stocks, options
and futures visit:
About Interactive Brokers
Interactive Brokers LLC, a global electronic brokerage firm based in Greenwich, Conn., provides active traders, advisors, introducing brokers and institutions low cost direct access execution and clearing services for stock, options, futures, exchange-traded funds (ETFs) and single stock futures (SSFs) around the world from a single Universal AccountSM. Interactive Brokers LLC is a member of the Interactive Brokers Group (IBG). IBG comprises electronic brokerage and proprietary trading firms, including Timber Hill LLC, a leading market maker of exchange-listed equity and index options.
IBG’s founding member, Timber Hill, has completed its 25th year as a broker dealer. IBG’s consolidated equity capital exceeds $1.2 billion. Institutional Investor ranks IBG LLC as the 25th largest securities firm in the United States (ranked by consolidated equity capital). The Group employs approximately 450 traders, programmers and support staff located in offices and exchanges throughout the world.
Director, Media Relations