What is proxy voting, and how does the process function?

Proxy voting allows account holders to vote on matters put forward by companies whose shares they hold, without attending the meeting in person. A representative, or "proxy," casts the vote on the shareholder's behalf according to the shareholder's instructions.

Overview

IBKR provides information to account holders on upcoming proxy votes within Client Portal. Account holders may view materials and vote by navigating to the Corporate Actions Manager within the IBKR Client Portal and clicking on the Proxy tab.

You will be able to see vote-eligible shares for most markets through this platform:

1. Log in to Client Portal
2. Click the Help menu (question mark icon in the top right corner) followed by Support Center
3. Scroll down and select Corporate Actions Manager beneath Customer Service Tools
4. Click on Proxy Vote tab to review the choices available to submit a vote

Please Note: Some markets require vote instruction submission earlier than the public deadlines. 

Submit a Vote

Proxy Vote Button

1. Click on the blue Proxy Vote button. It will always be available in the Proxy Vote tab under Corporate Actions Manager.
2. Navigate to MIC Shareholder, a platform used to cast a vote in US, CA, and EU (SRDII) markets. Please note that some companies under the EU have additional requirements for vote submission and attendance requests (e.g., Power of Attorney). 
3. If there are any questions, please submit a ticket via the Message Center.

Ballot

1. Click on the ballot located above the blue Proxy Vote button. It will not always be available in the Proxy Vote tab under Corporate Actions Manager. Please note that ballots appear only if you hold a vote-eligible position in supported Middle East or APAC markets.
2. Cast your vote.
3. Review and accept the Terms & Conditions.
4. Submit your ballot.

If there are any fees associated with ballot submission, the fee will be charged on the Deadline indicated on the ballot. You may review these proxy vote fees on the IBKR website: https://www.interactivebrokers.com/en/pricing/other-fees.php

Unsupported Markets

Proxy vote distribution is out of scope for some markets. No information will be provided in Client Portal, electronic delivery, or physical mailing.

Please submit a ticket via the Message Center:

1. Log in to Client Portal and navigate to Help followed by Secure Message Center.
2. Click Compose followed by New Ticket to launch a new Inquiry Ticket.
3. Select Account Services as the Category followed by Proxy/Shareholder Meetings,
4. Subject/Title should include the Market, Meeting Information, and Proxy Vote Submission. 
5. Provide the necessary information to vote or attend (including, but not limited, to the below).

• • Issuer Name
  • Security
  • Meeting date
  • Account number
  • Number of shares to vote
  • EACH ballot/resolution item vote direction (FOR/AGAINST/ABSTAIN, etc.)
  • Agree this ticket submission is final and irrevocable and the shares will not be sold prior to the meeting dateYour instructions will be processed on a best-efforts basis.