Ending client equity for September was $353.8 billion, 52% higher than the same period in 2020, but down 3% compared to August. Interactive Brokers also reported ending client margin loan balances of $50.2 billion, a significant 67% increase on the year prior and a 1% rise on the month before. In a statement, Interactive brokers…
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On 20 April 2020, customers of the brokers held long positions in the May E-mini crude oil (QM) and sweet crude oil (WTI) and suffered trading losses on those positions as a result of the firm’s systems issues. The US regulator stated that Interactive Brokers was aware of the possibility of negative oil futures prices…
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Zhong added: I am pleased to join Interactive Brokers and work alongside such an accomplished team. As the financial landscape in Asia continues to evolve, I look forward to identifying and developing new business opportunities to ultimately benefit the company’s clients. Before Interactive Brokers, Zhong worked at NYSE Euronext where she was responsible for setting…
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The brokerage’s clients can benefit from centralized cash management and can trade Bitcoin, Ethereum, Litecoin and Bitcoin Cash plus stocks, options, futures, bonds, mutual funds and ETFs from a single screen. The offering is initially available to US residents with individual or joint accounts, however, the company plans to make it available for additional client…
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Diluted earnings per share were $1.00 for the quarter ended 30 June 2021. During the second quarter of last year, they were $0.40. Earlier this week, Interactive Brokers revealed a new simple stock pricing for European investors. The company also saw customer accounts jump 61% from the same quarter last year to 1.41million. Customer equity…
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The new simple stock pricing will be a flat 3 EUR/GBP for trades of up to 6,000 EUR/GBP and larger trades will be commissioned at 0.05% of trade value. These rates are available with IB SmartRoutingS. The solution accesses the many exchanges and trading venues across the continent in order to optimise the execution quality…
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Eventus Systems, Inc has just announced that it has signed Australian stock brokerage firm Morrison Securities as a client. Eventus will deploy its Validus platform for trade surveillance in equities, equity options and warrants for the Sydney-based company. Eventus Systems has steadily grown its presence around the world including in the APAC region. Morrison Securities…
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Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers, said: Interactive Brokers’ advantage has always been our low cost, advanced technology, and breadth of product worldwide for sophisticated individual traders and institutional investors... The addition of spot gold and physical metals delivery continues our mission to equip our clients with the products and…
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Robinhood stated on Thrusday: We made a tough decision today to temporarily limit buying for certain securities. As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearing house deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. Robinhood…
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The IDA Ireland, a government agency that promotes Ireland for the opportunities it presents to international companies, has provided valuable assistance to the company in establishing its Irish office. Founded more than 43 years ago, the company has into a securities firms with over $8.9 billion in equity capital, $25 billion market capital, and $284…
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