Institutional Services

Institutional Services


Interactive Brokers gives institutional clients the flexibility to execute and/or clear trades on our platform or with numerous third-party brokers.

IBClear

The simplest solution for institutional client is our all-in-one IBClear service. Trades are executed and seamlessly cleared on a single platform, eliminating inefficient reconciliations and trade breaks between brokers. Consider the following benefits of our IBClear solution:

  • Direct access to stocks, options, futures, forex, bonds and funds on over 100 market destinations worldwide from a single interface.
  • Best price trade executions. Based on independent measurements, the Transaction Auditing Group, Inc., (TAG), a third-party provider of transaction analysis, has determined that Interactive Brokers' US stock and options price executions 1 were significantly better than the industry 2 during the first half of 2015.
  • IB SmartRouting AutorecoverySM, which re-routes your options orders in the case of an exchange malfunction, with IB undertaking the risk of double executions.
  • Increased leverage with greater safety using portfolio margining and real-time risk management.
  • Our market maker-designed Trader Workstation (TWS) is specifically built for options and futures traders or easy integration with third-party Order Management Systems (OMS).
  • Customizable statement layouts and flexible viewing options let you design your statement to show the data you want to see, and then view online or print from a PDF.
  • Export your statement data to a customized programming application, or download to Excel, Quicken or another third-party application.
  • IB Risk NavigatorSM is a real-time market risk management platform that unifies exposure across multiple asset classes around the globe.
  • Single-click access to our real-time electronic short sale inventory.
  • Enjoy low financing rates and high interest earned on long and short sale proceed balances.
  • IBAlgos use proprietary mathematical models to balance market impact with risk, resulting in the best execution on your large volume orders.

IBPrime

Although many clients find it most efficient to execute and clear all their trades at Interactive Brokers, some clients may also need to execute away to compensate other brokers for research and additional services. Our IBPrime solution offers all of the clearing benefits of IBClear plus the following features:

  • Ability to take in flexible notification formats. We will work with your technology group to accept files of all formats.
  • Real-time portfolio margining of trades given up by third-party executing brokers after trade notification.

IBExecution

IBExecution services offer all the trade execution benefits of IBClear services. Giving up to a third-party broker is simplified with the following features:

  • Trades are credit managed in real-time, utilizing a Value at Risk calculation methodology that is applied against a guaranteed credit line and/or cash/stock collateral.
  • Give-up to an unlimited number of stock, bonds (US corporate only), options and futures clearing locations.
  • Pre-trade and post-trade allocation of trades to third-party carrying brokers.
  • Flexible notification reports through a real-time FIX or end-of-day file format.

Contact an IB salesperson today to determine the best way to tailor our IB institutional services to meet your firm's specific needs.

  1. The TAG analysis for US stocks included all market orders of 100 shares or more up to 10,000 shares. The analysis for US options included all market order sizes in US options and includes exchange rebates received by client under IB's cost-plus pricing structure. The TAG analysis of orders routed to exchanges in Europe included all orders routed for execution during regular trading hours including all market and marketable limit orders and orders near the market (orders having a limit price within one-tenth of a Euro from the quote price at time of order receipt) on stocks listed on the included exchanges, weighted by the volume executed on each exchange. The exchanges for European stocks are XETRA, EURONEXT, CHI-X, WIENER BORSE, TURQUOISE, LONDON and NASDAQ OMX.
  2. Source: The Transaction Auditing Group (TAG). Industry as a whole for the referenced periods according to TAG.

Supporting documentation for any claims and statistical information will be provided upon request.