Interactive Brokers (IBKR) has implemented certain restrictions on buying specific stocks in various markets. These restrictions are primarily based on liquidity concerns. Here is what you need to know about these restrictions:
- Nature of restrictions:
- IBKR restricts buying of certain stocks that are deemed too illiquid.
- These restrictions apply to specific markets.
- Decision-making process:
- The restrictions are based on management decisions at Interactive Brokers.
- The specific criteria used to determine which stocks are affected are not publicly disclosed.
- Possibility of lifting restrictions:
- Unfortunately, these restrictions cannot be lifted for individual client requests.
- The policy applies uniformly across all clients.
- IBKR does not provide further details regarding these restrictions.
The company maintains discretion in implementing and managing these limitations.
Note
- While buying may be restricted for certain stocks, this does not necessarily affect your ability to hold or sell these securities if you already own them. If you need help closing an open position, please contact the IBKR Trade Desk by telephone.