News @ IBKR - Volume 6

New Feature

Access the Tel Aviv Stock Exchange (TASE) with Your IBKR Account

Tel Aviv Stock Exchange

IBKR remains committed to providing you with unparalleled access to the world's financial markets.

IBKR institutional clients globally and retail clients outside of Israel can use their account to trade stocks on the Tel Aviv Stock Exchange, an electronic exchange located in Israel. The TASE trading week is Sunday through Thursday with T+1 settlement for stocks. IBKR will connect clients to TASE via a banking intermediary based in Israel.

Eligible clients can request trading permission for TASE by logging in to Account Management or Client Portal and selecting the Settings > Account Settings menu option. Click the "Configure" icon on the Trading Permissions panel and select "Israel" from the listing of stock trading permissions.


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New Feature

Electronic Money Transfers to Third Parties Now Available

US clients can now use the Automated Clearing House (ACH) network to safely and securely transfer funds to and from their IBKR account. ACH allows you to connect your IBKR account to your US-based bank account(s) and to transfer funds between them. In addition, you can link your account with mobile payment providers such as PayPal or merchants, and pay subscriptions or other recurring expenses such as a mortgage, car payment or utilities to any other entity using a bank on the network.

US clients who would like to use electronic transfers will need to first enroll in our Integrated Cash Management program via the Transfer & Pay > Integrated Cash Management menu in Account Management or Client Portal. Once enrolled, you can configure electronic transfers via the Transfer & Pay > Transfer Funds menu.

Integrated Cash Management from IBKR

Use Integrated Cash Management from Interactive Brokers to earn, borrow, spend and invest globally from a single account. Earn market rate interest on your idle balances1 and extra income from lending your fully paid shares. Borrow against your account2 at low, market-determined rates and use our debit card to make ATM withdrawals or purchases worldwide, without late fees or non-US transaction charges. Use electronic transfers to quickly and securely deposit funds or pay recurring expenses from your account and invest globally in stocks, options, futures, forex, fixed income and more.

All from an integrated account.


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New Feature

IBKR Launches Securities Class Action Recovery

The IBKR Securities Class Action Recovery solution is an automated service that removes the administrative burden of participating in a securities class action lawsuit. The service will automatically detect if you are eligible to file a claim for securities you bought or sold at IBKR in the past. When applicable, the service will submit filings to claims administrators on your behalf and seek to recover funds for compensation. Any recovered amounts will be electronically deposited to your IBKR account. It's that simple!

IBKR clients can participate in the service if they are eligible to trade US or Canadian stocks or bonds, hold an individual, joint or separate trading limit (STL) account with IBKR, or are a client of a fully disclosed introducing broker (IBroker) or a client of a Financial Advisor. Eligible clients can enroll in the service at any time by logging in to Client Portal and selecting the Settings > Account Settings menu. Click the "Configure" icon next to Securities Class Action Recovery to review the Terms & Conditions and subscribe to or unsubscribe from the service.

There is no upfront fee to subscribe to the service, but all recovered amounts are subject to a 20% contingency fee as detailed in the Terms & Conditions.

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IBKR Trading Platform

New Tools

New Features Added to IBKR Trading Platforms

We recently added functionality to IBKR Mobile, Trader Workstation (TWS) and Client Portal to deliver a powerful and seamless trading experience across our platforms, whether you are trading from your desktop or on-the-go.

Seamless Cloud-Based Watchlist Syncing

In TWS beta we automated the syncing of our cloud-based Watchlists across all of our trading platforms and improved storage capabilities to ensure you are always viewing the most current version of every Watchlist, whether you are trading from your desktop, mobile device or the Client Portal.

Desktop TWS Improvements

Enhancements to Advanced Quote Details

The Advanced Quote Details window now provides more information, has a vibrant and easy-to-read display and uses context-sensitive, instrument-relevant data. In addition, it now provides a link to launch a relevant TWS tool from a key summary value. For example, you can view an option and see aggregated Performance Profile data with a link to launch the Probability Lab.

New Pivot Point Studies for Charts

We added five new Pivot Point studies to our interactive charts:

In addition, we added a new "Period" selector with additional pivot point periods, including weekly, monthly, quarterly, yearly and auto period selections.

New Custom Action Buttons in Market Depth Trader

Increase trading speed by creating custom Market Depth Trader order buttons. Create buttons that are available for all instruments, for a specific asset type or even for a specific instrument.

Click the following button to learn more about our recent enhancements.

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MidPrice Orders

Innovative Tools

Split the Difference with MidPrice Orders

Whether you are trading via TWS desktop or IBKR mobile, balance price and speed with the new MidPrice order type. MidPrice is designed to split the difference between the bid and ask price to fill at the current midpoint of the NBBO – or better. The order price follows the midpoint and you can set an optimal price cap to define the highest (for a buy) or lowest (for a sell) price you are willing to accept.

You can quickly set the MidPrice as your default stock order type using the sidecar preset, which is accessible from the MidPrice "?" icon in the order type field.

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New Feature

Introducing the Advisor Portal

IBKR recently launched the Advisor Portal, our new turnkey account management platform for advisors to manage clients and prospects. Advisor Portal includes a free Customer Relationship Manager to manage the full client acquisition and relationship lifecycle. Advisor Portal is free to any advisor on the IBKR platform and includes access to PortfolioAnalyst, our full-feature portfolio management system that easily consolidates information from any financial institution to help measure investment performance and risk. Advisor portal also includes features for client notes, email, tasks and a calendar, and is mobile-friendly to let advisors manage clients from any desktop or mobile device.

Advisor Portal supports advisors of all sizes and can be branded with your firm's distinctive identity. Additional information about the new Advisor Portal is available on our website or in the Advisor Portal User Guide. You can also register here to view a recorded webinar on the new Advisor Portal.

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Bond Order Desk

NEW FEATURE

IBKR Adds Support for Advisors to Corporate Bond Order Desk

IBKR Corporate Bond Order Desk

IBKR recently launched a corporate bond order desk to facilitate larger US and European corporate bond trades where electronic liquidity is insufficient.

While the desk will not take positions, it will broker everything with the street. The minimum size for a bond trade is USD 100,000 and the desk charges the regular electronic commission plus a ticket charge of USD 50 per trade.

The corporate bond order desk added support for advisor master accounts and already supports individual accounts.

IBKR Stock & Option Order Desk

IBKR also offers broker-assisted orders for stocks and options with a minimum size of 10,000 shares or 100 option contracts.

Clients who wish to reach the stock/option desk may do so at optiondesk@ibkr.com.

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New Products

Interactive Brokers Asset Management Adds Crabtree Technology Portfolio

IBKR Asset Management offers the Crabtree Technology Portfolio as part of its broad selection of actively and passively managed portfolios. Crabtree Technology is a science and technology, long-only investment strategy. It seeks to outperform the NYSE Arca Technology 100 Index.

Portfolio Manager Barry Randall has run this Technology Portfolio on the IBKR Asset Management marketplace since 2011. The annual management fee for the Crabtree Technology Portfolio is just 1.0% and the minimum investment is $30,000. Commissions for trades in these portfolios charged by IBKR Asset Management's affiliate, Interactive Brokers LLC, are separate and in addition to IBKR Asset Management's management fee.

Interactive Brokers LLC brokerage clients who are US residents can partition their existing brokerage accounts to invest in these and other IBKR Asset Management portfolios based on their risk level. Advisors may also invest their clients' assets in any IBKR Asset Management portfolios suitable for their clients' investment profiles.

Learn More about IBKR Asset Management

Past performance is no guarantee of future results, and all investments, including those in this portfolio, involve the risk of loss, including loss of principal and a reduction in earnings.

IBKR Asset Management is currently licensed to offer investment services to US residents only. This communication and IBKR Asset Management's website are NOT intended to be a solicitation or advertisement in any jurisdiction other than the United States. IBKR Asset Management does not provide tax advice, does not make representations regarding the particular tax consequences of any portfolio investments and cannot assist clients with tax filings. Clients investing in IBKR Asset Management portfolios should consult with their tax professional about the tax consequences of investing in IBKR Asset Management portfolios.

EXPANDED OFFERING

New Fund, Product and Research Offerings

We now offer access to 11,178 mutual funds from 236 fund families, including 7,752 no-load funds and 4,234 funds with no transaction fees.

US Fund Families

  • Anchor Capital Funds
  • Crow Point Partners
  • Chou American Funds
  • Davenport Funds
  • James Alpha Funds
  • Sparrow Funds
  • Zevenbergen Funds

Learn More


New Trading Venues/Products/Market Data Feeds

Explore all the products available on the IBKR Platform.

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Expanded Research Offering

The following research providers were recently added to the IBKR platform.

View our current listing of research providers.

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2019 Calendar App

New Tools

2018 Tax Form Availability

We would like to remind you that 2018 tax forms are accessible via the Reports > Tax menu in Account Management / Client Portal. Alternatively, you can visit the Tax Information and Reporting section of our website for additional information.

Start Your Planning

 

IBKR AWARDS 2019

Industry Recognition and Awards

IBKR started 2019 with Industry recognition for its low costs, breadth of product, and sophisticated technology:

Investors Business Daily

  • Interactive Brokers was ranked #1 in 2019 for "Low Commission and Fees".
  • Interactive Brokers was ranked #1 in 2019 for "Mobile Trading Platform / Apps".
  • Interactive Brokers was ranked #1 in 2019 for "Range of Products".
  • Interactive Brokers was ranked #1 in 2019 for "Website Security".

Nerd Wallet

  • Interactive Brokers was rated "Best for Active Investors" in the "Best Broker for Stock Trading" category.

View All Awards

2019 Calendar App

New Tools

2019 Trading Calendar

International Trading Calendar Holiday and Expirations HTML App

Our calendar displays exchange holidays and contract expiration dates for the major exchanges and products around the world. Use the HTML Calendar App on your desktop, laptop, tablet or mobile device. The calendar is also available as a PDF in poster size and wallet size.

View the Calendar App

 

Margin borrowing is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment.

Supporting documentation for any claims and statistical information will be provided upon request.

Options involve risk and are not suitable for all investors. For more information read the "Characteristics and Risks of Standardized Options". For a copy, call 312 542-6901

Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

[1] USD credit interest is paid on balances over USD 10,000 in security accounts with Net Asset Value exceeding USD 100,000. For more information, see ibkr.com/interest

[2] Interactive Brokers calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. For additional information on margin loan rates, see ibkr.com/interest

Please keep in mind that Interactive Brokers Asset Management is currently licensed to offer investment services to US residents only. This communication or Interactive Brokers Asset Management's website is NOT intended to be a solicitation or advertisement in any jurisdiction other than the United States. Note that commissions for trades in these portfolios charged by Interactive Brokers Asset Management's affiliate, Interactive Brokers LLC, are separate and in addition to our management fee. Note that there may be similar offerings in the marketplace with lower investment costs. While based on data provided by FTSE and Russell that calculate the indices these portfolios seek to track, these portfolios are not sponsored or recommended by these two index providers. Past performance is no guarantee of future results, and all investments, including those in these portfolios, involve the risk of loss, including loss of principal and a reduction in earnings. For a set of full disclosures regarding investments in these portfolios, please review this document: index-tracking-risk-disclosure-12-jan-2018.pdf