Written by Stephane Dubois
Reviewed by Sandro Pontedra
Interactive Brokers General Information
Interactive Brokers Group, Inc.'s founding member has completed its 44th year as a Broker Dealer with consolidated equity capital of more than $10.48 billion. Our mission remains unchanged: "Create technology to provide liquidity on better terms. Compete on price, speed, size, diversity of global products and advanced trading tools."
Interactive Brokers Group and LLC are rated investment grade by Standard & Poor's. Interactive Brokers Group, Inc. was founded by its Chairman Thomas Peterffy. Over the last 44 years, it has grown internally to become one of the premier securities firms with over $10.48 billion in equity capital.
Interactive Brokers conducts its broker/dealer business on over 150 market destinations worldwide. In its broker dealer agency business, IBKR provides direct access ("on line") trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, currencies, bonds, gold, crypto* and funds worldwide. Interactive Brokers Group and its affiliates execute over 2,297,000 trades per day.
Interactive Brokers is headquartered in Greenwich, Connecticut and has 2,650+ employees in its offices in the USA, Switzerland, Canada, Hong Kong, UK, Australia, Hungary, Russia, Japan, India, China, Singapore, Ireland and Estonia. IBKR is regulated by the SEC, FINRA, NYSE, FCA and other regulatory agencies around the world.
Recent History
2019
- Milan Galik is appointed Chief Executive Officer of Interactive Brokers Group, succeeding founder Thomas Peterffy. Mr. Peterffy remains as Chairman of the Board.
- IBKR once again rated #1 – Best Online Broker by Barron's 2019.
- Interactive Brokers launches IBKR Lite, a new offering that provides commission-free, unlimited trades on US exchange-listed stocks and ETFs.
- IBKR adds the Tel Aviv Stock Exchange (TASE) and Moscow Exchange (MOEX) to its offering
- Interactive Brokers broadens access to more expensive stocks and facilitates portfolio diversification by offering Fractional Share Trading and Cash Quantity stock orders.
2020
- Interactive Brokers surpasses more than one million client accounts.
- Global expansion continues, with new IBKR offices established in Singapore, Ireland and Hungary.
- Bonds Marketplace is launched to help investors find the best pricing on a wide range of fixed income products.
- Mutual Fund marketplace is launched, providing access to more than 37,000 funds globally, including more than 34,000 no load funds from over 380 fund families.
- Impact Dashboard introduced to help clients interested in Sustainable Investing align their investments with their values.
- IBKR commits USD 5 million to assist Covid-19 relief efforts in the United States.
2021
- Interactive Brokers introduces cryptocurrency trading through Paxos Trust Company.
- IBKR launches US spot gold trading, allowing clients to trade in amounts as small as one ounce, side-by-side with other asset classes, from their IBKR account.
- IMPACT, a patent pending mobile trading application that helps investors align their investments with their values, is launched.
- GlobalAnalyst, an online tool that helps investors find undervalued companies that may have greater growth potential, is released.
- Interactive Brokers Prepaid Mastercard card is launched for Canadian clients.