Delivery of long US stock positions, US Warrant positions, and Corporate and Municipal Bond positions from another US bank or broker that is a member of the Depository Trust Company (DTC). Requests for FOPs are made to the third-party broker. However, you must notify IB of a third-party FOP on the Position Transfers page in Account Management so that your transfer may be properly placed in your account.
An FOP deposit is only a notification of incoming securities while an FOP withdrawal actually transfers securities out.
When you request an FOP transaction, you have the option of creating a new Position Transfer Instruction or using an existing Position Transfer Instruction.
You can also upload positions in a .CSV file for a partial FOP transfer.
Please note FOP is not available for IRA accounts.