AdvisorHub features the products and services Interactive Brokers offers to help advisors run their businesses. The article focuses on IB’s robust trading capabilities as well as the strong administrative, marketing and compliance support IB offers. For example, IB provides free technology to make billing and invoicing easier and has a no-cost Investors’ Marketplace, where advisors can advertise. Through Greenwich Advisor Compliance Services, IB also offers compliance support for advisors from the start-up to seasoned stage.
WSJ reporter Gunjan Banerji writes that investors are using alternative ways to manage risk in their portfolios. She spoke with Thomas Peterffy, CEO of Interactive Brokers, considered a pioneer of options trading. Peterffy noted that income-generating strategies, which includecovered calls, have become so popular in recent years that they're keeping a lid on volatility.
CNBC's Melissa Lee sat down with Interactive Brokers CEO Thomas Peterffy to discuss investor sentiment and Interactive Brokers' growth.
FinanceFeeds covers new Trader Workstation (TWS) API enhancement targeted at professional developers. The TWS API lets Interactive Brokers clients automate trading strategies, request market data and monitor account balances.
Interactive Brokers is focusing on its electronic brokerage and fast growing advisor custody business. In the past year, the number of advisors on the platform has increased to 3,600 and advisor assets on the platform have grown 32%.
WealthManagement.com managing editor Diana Britton writes about offerings IB has recently added to attract advisors. For example, the firm launched Greenwich Compliance to provide start-up and ongoing compliance support for RIAs and created the Investors’ Marketplace, where advisors can advertise their services for free.
Interactive Brokers earned Barron's top rating of 4.5 stars for the seventh year in a row in Barron's 22nd annual ranking of Best Online Brokers. In this year's survey, IB was named Best for Frequent Traders, Best for Options Traders and Least Expensive for Occasional Traders. Interactive Brokers has been rated a low cost broker by Barron's for 16 consecutive years.
Barron's columnist and author of the Best Online Brokers annual ranking Theresa W. Carey noted that, Interactive Brokers has expanded its products and tools to serve a broader audience. She cited the IBot artificial-intelligence assistant which responds to plain English questions about price quotes, market activity, trades and more. Carey also discussed Covestor Smart Beta portfolios, a low-fee product line introduced by IB’s robo-advisory unit.
Financial Advisor editor Dan Jamieson explains how Interactive Brokers has expanded the products and services it offers Registered Investment Advisors. The article discusses IB's significant RIA custody business, Greenwich Advisor Compliance Services, and the Covestor robo platform. Jamieson covers a number of benefits that IB offers, including low transaction fees and "smart" order-routing for best execution.
Barron's columnist Theresa Carey tells readers how Interactive Brokers is helping its customers navigate their accounts using IBot. The new tool can respond to plain English questions with written responses. IB's Chairman Thomas Peterffy says eventually customers will be able to talk to IBot the same way they’d speak to a wealth advisor.
Millennials cited Interactive Brokers as one of the top brokers in IBD's fifth annual Best Online Broker survey. Aparna Narayanan explains to readers why a 20-something Citigroup VP selects Interactive Brokers for high-tech tools and cost-efficient trades.