Interactive Brokers LLC is an American multinational brokerage firm.
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13 Facts About Interactive Brokers
2.
Interactive Brokers is a provider of fully disclosed, omnibus, and non-disclosed broker accounts and provides correspondent clearing services to 200 introducing brokers worldwide, as of 2014.
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3.
Interactive Brokers Group owns 40 percent of the futures exchange OneChicago, and is an equity partner and founder of the Boston Options Exchange.
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4.
Between 1993 and 1994, the corporate group Interactive Brokers Group was created, and the subsidiary Interactive Brokers LLC was created to control its electronic brokerage, and to keep it separate from Timber Hill, which conducts market making.
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5.
In 2014, Interactive Brokers became the first online broker to offer direct access to IEX, a private forum for trading securities.
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6.
Interactive Brokers Inc was incorporated in 1993 as a U S broker-dealer, to provide technology developed by Timber Hill for electronic network and trade execution services to customers.
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7.
Interactive Brokers became in 2011 the largest online U S broker as measured by daily average revenue trades.
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8.
Interactive Brokers is the largest electronic brokerage firm in the US by number of daily average revenue trades, and is the leading forex broker.
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9.
Interactive Brokers described the company's focus on building technology over having high sales, with technology often used to automate systems in order to service customers at a low cost.
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10.
Interactive Brokers can afford to focus on automation and acquiring customers over focusing on financial results, as 76.
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11.
Interactive Brokers Group has 11 directors, including Thomas Peterffy, chairman of the board of directors, who as the controlling shareholder is able to elect board members.
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12.
Interactive Brokers employs computer programmers and IT workers; programmers outnumber other employees five to one.
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13.
Interactive Brokers has offices in Budapest, Chicago, Dublin, Hong Kong, London, Luxembourg, Montreal, Mumbai, San Francisco, Singapore, Sydney, Tokyo, Toronto, West Palm Beach, and Zug.
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