Tag: Interactive Brokers

December 16, 2014 BY LeapRate Staff

Interactive Brokers hit by ASIC for $1.6 million for margin lending to Australian traders

The long arm of Australian law... Australia's financial regulator ASIC has settled with US-based online trading firm Interactive Brokers (NASDAQ:IBKR) on an agreement which will see IBKR refund $1.5 million in fees and commissions to its Australian clients which were granted margin lending facilities between 2010 and 2013. IBKR made margin loans to Australian clients…

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December 01, 2014 BY Andrew Saks-McLeod

Interactive Brokers TWS platform undergoes comprehensive overhaul

Trading platform development has become an area of fierce competition recently, with many companies concentrating their efforts on ensuring that their proprietary platforms not only keep pace with technological change, but in some cases usurp the ubiquitous third party solutions from all-encompassing giants such as MetaQuotes. During the latter part of the year, some of…

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October 01, 2014 BY Mike Fox

Interactive Brokers Group September DARTs 21% higher YoY and 17% higher than August

Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for September. Highlights for the month included: 577 thousand Daily Average Revenue Trades (DARTs), 21% higher than prior year and 17% higher than prior month. Ending customer equity of $54.9 billion, 33%…

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