Interactive Brokers | NEWs @ IBKR Vol. 21

Request Trading Permissions

Expanded Offering

Introducing Fractional Shares Trading
in Canadian Stocks
and ETFs

Interactive Brokers recently expanded fractional shares trading to Canadian stocks and ETFs listed on the Toronto Stock Exchange and on CBOE Canada.

Fractional shares give investors a simple way to build a balanced portfolio and invest in shares regardless of the share price. With fractional shares, investors can divide investments among more stocks to achieve a better-diversified portfolio and put small cash balances to work quickly to maximize potential returns.

To trade eligible Canadian fractional shares, clients can use a cash quantity order that lets clients place orders in a specific cash amount. Fractional shares will automatically be bought or sold if the cash amount does not line up with a whole number of shares.

Log in to Portal
Click the User Profile (head/shoulders icon in the top right corner)
Click Settings
Click Trading Permissions
Under Stocks, click "Add" and then "Global (Trade in Fractions)"
Click Continue to enable

Once enabled, you can trade fractional shares from our IBKR Mobile, IBKR GlobalTrader, IMPACT App, Client Portal, IBKR Desktop or Trader Workstation (TWS) trading platforms. When placing an order, simply tap or click the quantity field to show the size wand, use the toggle to switch between dollars or fractional share quantity and enter the quantity for your order.

IBKR Advantage

Additional Security for the Uninvested Cash Held in Your Brokerage Account

We wanted to remind you that you have access to a program that provides additional security on the cash held in your brokerage account.

The Insured Bank Deposit Sweep Program provides up to USD 2.5 million of Federal Deposit Insurance Corporation (FDIC) coverage on your account's free cash balances. Combined with existing Securities Investor Protection Corporation (SIPC) coverage of the first USD 250,000 in your account, your available insurance will cover up to USD 2.75 million. Cash balances above USD 2.75 million remain subject to safeguarding under the SEC's Customer Protection Rule 15c3-3, backed by the firm's equity capital.

Adding this program will not disrupt your account features or your trading capabilities. You will continue to earn competitive interest on balances, and your account cash remains available for stock, option, futures, currencies and bond trading on more than 150 markets globally.

Enrollment is seamless, and we invite you to take advantage of this opportunity to provide an additional layer of protection for your assets by clicking the link below. Instructions are available in the Client Portal User Guide.

Please note that there may be a delay in the initial sweep of your funds during the account activation period.

Enroll Now

About Securities Lending Dashboard

IBKR Advantage

IBKR Clients Earn Up to 4.83% on Instantly Available USD Cash Balances

As an Interactive Brokers client, you are likely aware that client accounts receive credit interest on positive settled cash balances.¹ After increases in interest rates by the US Federal Reserve, Interactive Brokers now pays up to 4.83% on positive settled USD cash balances.²

Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more are paid interest at the full rate for which they are eligible. Accounts with NAV of less than USD 100,000 (or equivalent) receive interest at rates proportional to the size of the account.

For example, an account with a NAV of USD 50,000 earns credit interest at a rate equal to one-half the rate paid by IBKR to accounts with a NAV of USD 100,000 or more.

View Rates

Transfer Funds

[1] Rate shown applies to IBKR Pro clients only. Positive settled cash balances held in the securities segment of accounts with NAV>100k earn the stated interest rate (December 5, 2023) and those with NAV<100k earn a proportional rate. Cash held in the commodities segment of an account does not earn interest. For more information, visit our website.

[2] Rate as of December 5, 2023. Restrictions apply. For additional information on interest rates click here.

NEW TOOL

Fundamentals Explorer Now Includes a Securities Lending Dashboard

Use daily short sale data on thousands of securities worldwide to generate trade ideas, gauge short sentiment and evaluate your portfolio from a different angle.

The Securities Lending Dashboard lets clients evaluate short trades by accessing key securities lending metrics. Investors can access real-time metrics such as Utilization, Shares on Loan and Short Interest Indicators to gauge borrowing demand in a name, which may reflect market sentiment. They can also leverage historical data to view recent trends and compare activity across two tickers.

Trend Metrics include:

Utilization: The total quantity of the security on loan divided by the total inventory of the security. Expressed as percentage.
Lender Depth: A scale to indicate the number of lenders with an outstanding borrow in the name. 1: 0-5 lenders, 2: 6-10 lenders, 3: 11 or more lenders.
Average Duration: The volume weighted average duration of all open loans in the security based on Trade Date, expressed in calendar days.
Borrow Depth: A scale to indicate the number of borrowers with an outstanding borrow in the name. 1: 0-5 borrowers, 2: 6-10 borrowers, 3: 11 or more borrowers.

Days to Cover: for equity securities, the number of shares on loan in the security for the business date divided by the 30-day average daily trading volume in the cash market.
On Loan Quantity: Total quantity of the security on loan.
On Loan Value: Total value (USD) of the security on loan.
Short Interest Indicator: For equity securities, the number of shares on loan divided by the total number of shares in the public float, expressed as a percentage. For fixed income securities, the size on loan divided by the issuance size, expressed as a percentage.

Our Security Lending Dashboard is powered by complimentary and premium securities lending analytics from Orbisa, a leading market data provider. Gain transparency across your portfolio, develop strategic insight, validate sentiment and add depth to your trading analysis.

To use Fundamentals Explorer, log in to Client Portal and click the Research tab followed by Fundamentals Explorer.

New Products

Discover the American Express® International Dollar Card for Latin American Residents

If you are an Interactive Brokers client and citizen of a Latin American country, we invite you to apply for the American Express® International Dollar Card.

As a travel card, it can be used to make online and contactless purchases (where available) all while you enjoy an array of premium card member benefits around the globe. You can even pay your monthly American Express® billing statements directly from your IBKR account. The American Express® International Dollar Card offers the opportunity for non-US residents¹ to transact in USD world-wide while enjoying:

24/7 Customer Service: Anywhere in the world, you will always be able to communicate with Customer Services, where a highly qualified team of representatives will be available 24 hours a day, 7 days a week, to assist you in all your needs, in English, Spanish and Portuguese.
Travel Benefits: Travel Accident Insurance,² Car Rental Loss & Damage Insurance,³ among others

No Pre-Set Spending Limit*: If on your trip you need to spend more than planned, you can do so with peace of mind because with your American Express Card you have no pre-set spending limit. Your charges are approved based on a variety of factors, giving you greater financial flexibility.
Membership Rewards® Program⁴: Membership Rewards points are our way of saying ‘thank you' every time you spend on your Card. Enjoy!

The program includes The Platinum Card®, which has an annual fee of US $795 (details) and the American Express® Gold Card, which has an annual fee of US $300 (details).

* No pre-set spending limit does not mean unlimited spending. The amount you spend adapts based on your purchase and payment history with American Express®, and other factors.

Information such as a current proof of address (e.g., water, gas, electric, landline telephone bill from the past 60 days), copy of your passport, and your Interactive Brokers account number will be required as part of the American Express® application process.

[1] Available only for residents of certain countries in Latin America and the Caribbean (excluding Puerto Rico and US Virgin Islands).

[2] Travel Accident Insurance: Travel Accident Insurance Plan is underwritten by Indemnity Insurance Company of North America, Administrative Office, Doral Bank Center Calle Resolución #33, Suite 500, San Juan, Puerto Rico 00920. Coverage is determined by the Terms, Conditions, and Exclusions of Policy No. 58US3199 and is subject to change with notice. This document does not supplement or replace the policy.

[3] Car Rental Loss & Damage Insurance: Car Rental Loss and Damage Insurance Plan is underwritten by Indemnity Insurance Company of North America, Administrative Office, Doral Bank Center Calle Resolución #33, Suite 500, San Juan, Puerto Rico 00920. Coverage is determined by the Terms, Conditions, and Exclusions of Policy No. 58US3775 and is subject to change with notice. This document does not supplement or replace the policy. Certain restrictions apply. Cardmember should not accept the insurance CDW offered by the rental company. Some vehicle types are not covered. This is an excess insurance program, which means it will only cover the expenses not covered by all other applicable insurance sources that The Platinum® Card Member can have. The Platinum Card® Members are insured internationally, except for vehicles rented in Australia, Ireland, Italy, Israel, Jamaica and New Zealand.

[4] Membership Rewards: Terms and Conditions of the Membership Rewards® program apply. Visit www.membershiprewardslac.com or call 1-800-297-3276 for more information. Participating partners and available rewards are subject to change without prior notice. The value of Membership Rewards points varies according to how you choose to use them. To learn more, go to www.membershiprewards.com/pointsinfo

NEW TOOL

New Services for
Advisors of Any Size

Interactive Brokers offers turnkey solutions that help advisors of any size build competitive advantage, efficiently manage their business and serve clients at low cost.

NEW TOOL

New Services for
Advisors of Any Size

Interactive Brokers offers turnkey solutions that help advisors of any size build competitive advantage, efficiently manage their business and serve clients at the lowest cost.

We recently introduced new features and services to help advisors on our platform.

DocuSign for Multiple Applications

Image showing e-signature on multiple documents

Earlier this year, we integrated DocuSign into the semi-electronic application process and made it available for all advisors with clients from eligible countries. We recently expanded our integration with DocuSign so that advisors can now send multiple individual, joint and retirement account applications to a client in a single DocuSign package. Please refer to our User Guide for additional information and instructions.

Instructions: Inviting Employees to Open SIMPLE IRAs

An Employee Retirement Plan
Administration Account for
US Advisors

The Employee Plan Administrator account lets advisors offer self-employed individuals and companies of less than 100 employees a Savings Investment Match Plan for Employees Individual Retirement Account (SIMPLE IRA).

Once the Employee Plan Administrator account is opened by a client and then associated with an advisor on the IBKR platform, up to 100 employees can be invited to open SIMPLE IRA accounts. The deposits/contributions to SIMPLE IRA accounts are managed under a single login and the advisor manages the SIMPLE IRAs. Trading and broker transfers are not permitted.

Employee Plan Administrators must be located in the United States.

SIMPLE IRA accounts are available for individual US citizens living anywhere and US resident aliens who are clients of a financial advisor.

About IBKR Trading Platforms

Client Management Programs
for Advisors are Going Global

We completed the roll out of our reconfigured and enhanced client management models for US advisors and have begun rolling out the services to advisors around the world.

Our enhanced client management model offers improvements such as:

Operational Control: These new models allow you to complete various tasks, such as funding requests and information changes, on behalf of your clients. Depending on the program, IBKR will accept the changes or once entered by the advisor, clients will use a simplified process to approve, sign and confirm your action.
Enhanced Dashboard: We have enhanced the Client Pending Items tab (formerly Pending Items) on our Dashboard. This tab will show you all pending tasks for your clients and either allow you, as the advisor, to complete the task on behalf of the client or send an automated email asking your client to address the task.
Improved Messaging: We have redesigned our Sub Account Messages tab and streamlined communications from IBKR by aggregating, categorizing and routing messages to the advisor to avoid unnecessary client contact.

We offer three client management models with customizable participation levels:

Streamlined simplifies the process by which clients approve funding requests, sign agreements and confirm changes and instructions entered by their advisor. Advisors can customize specific features, and communications from IBKR are aggregated, categorized and routed to the advisor to avoid unnecessary client contact. Once you enroll, all clients are automatically enrolled.
Streamlined Plus allows advisors to perform certain administrative tasks on behalf of their clients. Once you are approved for participation, clients will automatically be enrolled during the application process with the same advisor authorizations applying to all.
Full-Service clients enroll individually and choose the powers they wish to grant their advisor, which can include moving funds or assets on their behalf and performing a broad range of administrative tasks.

Advisors will be presented with eligible programs on the enrollment screen, which can be found in the Advisor Authorizations screen on the Settings page in Advisor Portal.

Advisor Forum

Interactive Brokers for Advisors on LinkedIn

We invite Registered Investment Advisors to join our LinkedIn group, Interactive Brokers for Advisors.

The group serves as a forum for learning how to grow your business on the IBKR platform. Engage in discussions with our team of dedicated professionals and use the group to learn more about how IBKR helps advisors create competitive advantage, efficiently manage their business and serve clients at low cost.

Join the conversation today!

IBKR Tools to Use: Tax Loss Harvesting
As year-end approaches, a quick reminder about IBKR's Tax Loss Harvest Tool, which you can use to help clients realize the tax benefits of harvesting capital losses.
Agree or Disagree: Model Portfolios Save You Time So You Can Focus More on Client Relationships
Use Model Portfolios to easily invest some or all of a client's assets into one or more custom-created portfolios, rather than tediously managing investments in single instruments.
IBKR Tools to Use – Trader Workstation (TWS) Screen Layouts
IBKR platforms, applications and tools help you manage your clients, capitalize on market opportunities, analyze performance, build and manage portfolios and make well-informed recommendations.

Join the Group

NEW PRODUCTS

New Products Available on
the Interactive Brokers Platform

Visit our Products, Exchanges and Contracts search tool from the Trading > Product and Exchange Search menu on our website. The tool lets you search across all product types and regions, filter for products added within the past 30 days or search for a specific symbol or name. In addition, you can search for exchanges by name or region and specific contracts.

Search Now

We recently expanded the offering available via the Interactive Brokers platform.

CME Group

Monthly and Weekly Options on Micro Gold Futures (OMG, 1-5MG, 1-5WG, 1-5FG)
13 Week US Treasury Bill Futures (TBF3)
Crude Oil Mon & Wed Weekly FOP (ML1-5, WL1-5)
European Short-Term Rate Futures (ESR)
US Treasury Weekly FOPs
E-Mini Russell 2000 Monday and Wednesday Weekly FOP (R1A-5A, R1-5C)
Natural Gas Weekly Financial Options (LN1-LN5)

Intercontinental Exchange (ICE)

US Conforming 30 Year Fixed Mortgage Index Futures (30C)
ICE ENDEX Dutch TTF Natural Gas Monthly Futures (TFM)

Members Exchange (MEMX)

Options

EUREX

MSCI Taiwan NTR USD Index Futures (FMTW)
MSCI India NTR USD Index Futures (FMIN)
MSCI China NTR USD Index Futures (FMCH)
Euro STOXX 50 Index EoD Options (OEXP)

Euronext

Options on Rapeseed Futures (OCO)

Hong Kong Futures Exchange (HKFE)

HKFE MSCI India Index Futures (MND)

Korean Stock Exchange

KSE KOSPI 200 Monday Weekly Index Options (AF)

Taiwan Stock Exchange (TWSE)

Taiwan Stock Exchange (TWSE) is now accessible from the Interactive Brokers platform.

Osaka Stock Exchange (OSE)

OSE N225 Micro Futures (N225MC)
OSE N225 Mini Options (N225M

Singapore Exchange (SGX)

SGX Thai Baht in US Dollar Futures (SGXTU)

National Stock Exchange of India (NSE)

NSE Nifty Financial Services Index Futures (FINNIFTY)

Search Offering

Options and Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading options read the "Characteristics and Risks of Standardized Options". Before trading futures, please read the CFTC Risk Disclosure.

New Tools

New Features Added
to IBKR Trading Platforms

We recently added functionality to deliver a powerful and seamless trading experience
across all our platforms, whether you are trading from your desktop or on-the-go.

IBKR Trader Workstation (TWS)

Tax Loss Harvesting for Traders: We are pleased to introduce our Tax Loss Harvest tool to our retail traders. Traders can use this tool to realize the tax benefits of both long- and short-term capital losses more easily.

To open the tool, right-click a position and select Tax Loss Harvest. To use Multi-Stock harvesting, open the Classic Layout and from the Portfolio page click Tax Loss Harvesting in the top right of the Portfolio page.

NOTE: Multi-Stock TLH is currently available only in the Beta build of TWS.

Find out more about using Tax Loss Harvesting in the TWS Release Notes.
Tell Us What You Want: We are pleased to announce the new Feature Suggestion tool in TWS. Now you can easily let us know what features you would like to see added to our platforms and vote on features suggested by others.

To access the Feature Suggestion tool, click the Feedback icon in the title bar of TWS and then click "I have a suggestion."
Futures Roll Builder: We streamlined the multi-step process of rolling a futures position (i.e., closing one position and opening a new one in the same contract but with a more distant expiration) into a simple flow using the new Futures Roll feature.

IBKR Mobile

A new dashboard-like design allows customization for any level of trader. In addition, there are improved access shortcuts and widgets that let you personalize the app.
A watchlist carousel displays the closing prices of favorite tickers, along with simplifed watchlist building via Stock Scanner.
All market-moving information is centralized in a single menu, with a heat map to show sector performance aligned to indices and market trends to see top market movers at a glance.
Quick, dedicated access to educational content from IBKR Campus.

Client Portal

Redesigned News & Research tool: A completely re-imagined News & Research interface has been released to Client Portal and will soon be available across all IBKR trading platforms. This new interface allows you to create custom feed views of the news you want to read, in the layout style that you prefer.

To access this new layout, from the Research menu select News & Research. This new presentation is easy to navigate and provides a clean, modern interface.
Overnight Trading: Capture market opportunities anytime with Overnight Trading. All clients with US Stock trading permission will have access to US Overnight Trading. To use this feature, in the Order Ticket select Overnight from the Time in Force list.

Orbisa Securities Lending Analytics Dashboard: Now get access to the same valuable short securities lending data for US equities historically available only to banks, broker-dealers and institutional investors. The Orbisa Securities Lending Analytics Dashboard in Fundamentals Explorer gives you professional-level access to key metrics and data to see when borrowing demand is increasing or decreasing so you're better able to gauge in which direction market sentiment is trending.
QR Code Login Support: Users who use two-factor authentication via IB Key can now log in using a QR code in cases where the IB Key notification is not received. To use, click "Log in with QR Code" directly below the "Resend notification" link in Client Portal.
Trailing orders: Client Portal now supports Trailing Stop and Trailing Stop Limit orders.

Enhancements for Advisors

In addition, we have introduced several enhancements for Advisors.

Trader Workstation (TWS)

The Allocation Order Tool now supports options combos.
Advisors can now choose between "Static" and "Dynamic" methods of applying allocations across models. Static allocation applies the initial percentages to all new investments, while Dynamic allocations apply the new percentages that result from price changes.
Multi-Stock Tax Loss Harvesting: Updates to the Tax Loss Harvesting tool allow advisors to take advantage of potential losses across client accounts and multiples securities. Previously the tool showed potential losses for a single stock at a time.
Advisors can now have the order quantity for an Account Group calculated as a percent of their position for groups with "User-Specified" allocation methods. Account Groups automatically calculate ratios and allocate shares to a pre-defined group of accounts based on a selected allocation method.

Advisor Portal

We redesigned the Advisor Portal Order Ticket to support Advisor Allocations. Other updates include using a horizontal instead of a vertical layout which adapts better to different screen sizes. The new layout also helps users avoid having to scroll up and down to find fields as they create an order. The vertical orientation is still available from the “Quick” order ticket that displays on the right side of the Client Portal interface.

Visit the Release Notes section of the Documentation page to find out more about recent enhancements.

Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by visiting ibkr.com/occ.

Multiple leg strategies, including spreads, will incur multiple commission charges.

Scan to download the
IBKR GlobalTrader app

Scan to download the
IBKR Mobile app

IMPACT QR code for either Apple or Android

Scan to download the
IMPACT app

Download
IBKR GlobalTrader

Download
IBKR Mobile

Download
IMPACT

EXPANDED OFFERING

PortfolioAnalyst

The Standard for Portfolio Management Software and Account Aggregation

consolidate track and analyze your complete financial performance.

PortfolioAnalyst offers multi-custody solutions, advanced reporting, global support, benchmarks, risk metrics, GIPS® verified returns,¹ and powerful on-the-go analytics. Whether you are new to trading, an advanced investor, or a financial advisor, PortfolioAnalyst is free to use.

PortfolioAnalyst consolidates, tracks, and analyzes your complete financial performance. Link your investment, checking, savings, annuity, incentive plan and credit card accounts to understand your current and historical financial state and plan for the future.

IBKR clients enjoy free access to PortfolioAnalyst's advanced features and receive real-time updates about their IBKR portfolio positions.

During 2023, we released a significant upgrade to PortfolioAnalyst, including introducing a dynamic Analytics Dashboard. In addition, we recently released a new Greeks widget for options traders to measure the price sensitivity of options contracts. The widget includes the Instrument Greeks Delta, Gamma, Theta and Vega, and Position Greeks P.Delta, P.Gamma, P.Theta and P.Vega.

Release Notes

[1] PortfolioAnalyst was verified as calculating Time-Weighted Returns and Money-Weighted Returns in accordance with the Global Investment Performance Standards (GIPS®) calculation methodologies. GIPS was developed by the CFA Institute, is used by investment management firms around the world, and establishes standards for investment performance, making it easier for you to compare firms and make more informed investment decisions.

The projections or other information generated by PortfolioAnalyst regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Please note that results may vary with use of the tool over time.

GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.

EXPANDED OFFERING

New Funds and Fund Families
Available at the Mutual Fund Marketplace

The Interactive Brokers Mutual Fund Marketplace provides clients from over 200 countries and territories with access to more than 48,000 funds from over 550 fund families, including Allianz, American Funds, BlackRock, Fidelity, Franklin Templeton, Invesco, MFS and PIMCO.

Unlike most firms, IBKR never charges a custody fee. In addition, we offer over 19,000 funds with no transaction fees and low, transparent commissions. Inside the US, commissions are the lesser of USD 14.95 or 3% of trade value, while fee funds outside the US are EUR 4.95 (or equivalent).

To help provide you with a broad selection of funds, we recently added the following fund families to the Marketplace:

Global Fund Families

Abbakus AM
Azimut Investments (LU)
Charteris Treasury Portfolio Mgrs.
Flossbach Von Storch
FIDELITY INV INT'L
Goldman Sachs Asset Management
JUPITER AM (EUROPE) LT (IE)
JUPITER UT MGRS LTD (GB)
Kepler Partners (LU)
Rigsave Capital
Three Rock Capital Management Ltd
UBP (GENEVA)
VT Momentum Invest

US Fund Families

Absolute Investments
Advisor Series Trust Funds
Chase Funds
Conquer Risk Funds
Curasset Funds
FundVantage Trust
FundX
Glenmead Funds
M3Sixty Fund
Muhlenkamp Funds
Mundoval Fund
Pabrai Funds
Perritt Funds
PIA Funds
TFS Trust Funds
Villere Funds

Launch Mutual Fund Search Tool

Mutual Funds are investments that pool the funds of investors to purchase a range of securities to meet specified objectives, such as growth, income or both. Investors are reminded to consider the various objectives, fees, and other risks associated with investing in Mutual Funds. Please read the prospectus accordingly. This communication is not to be construed as a recommendation, solicitation or promotion of any specific fund, or family of funds. Interactive Brokers may receive compensation from fund companies in connection with purchases and holdings of mutual fund shares. Such compensation is paid out of the funds' assets. However, IBKR does not solicit you to invest in specific funds and does not recommend specific funds or any other products to you. For additional information please view our Mutual Fund Product Listings.

EXPANDED OFFERING

Additional News and Research
Providers Available on the IBKR Platform

Our clients enjoy access to dozens of free and premium market research and news providers. We recently added:

Seasonax serves seasonal charts for 25,000+ stocks, commodities, indices and currencies. Detailed statistics about seasonal patterns and many analysis features help users to improve their investment decisions with just a couple of clicks.

Access to Seasonax's Seasonal Insights, a bi-weekly research pack that includes trends and trading opportunities, is complimentary.

TipRanks is the most comprehensive dataset of analysts, hedge fund managers, financial bloggers, and corporate insiders. We provide answers to the most basic questions: Are they reliable and accurate? What is their track record? Are there better opinions out there? And most importantly, should I listen to this person? TipRanks stops the guessing game and shows you an updated and accurate view so you can make the most educated investment decisions. We publish articles covering the latest activity from major analysts, hedge fund managers and bloggers to give you the must needed edge on the market.

Access to TipRanks Video includes a company reports valuation metric that provides data and quarterly reports on selected industries and is complementary. Access to TipRanks Premium News, which streams market updates, analysis and insights to investors' devices, is available by subscription.

Evercore ISI provides world class independent macro & fundamental research to help investors navigate challenging markets. Evercore's award winning economists, strategists & analysts provide thought leadership, deep dives and actionable ideas on geographies, industries and companies under coverage. In 2022, Evercore ISI ranked #1 research firm on a weighted basis by the Institutional Investor U.S. Survey.

Evercore ISI services are complimentary for professional financial advisors and do not require a subscription.

TOGGLE AI monitors billions of data points across valuations, momentum, and economic growth. Using the power of machine learning, TOGGLE's AI distills this vast ocean of data into actionable insights on more than 30,000 assets. TOGGLE covers all asset classes, including global equities, currencies, crypto, futures, commodities, and fixed income.

TOGGLE AI's complementary newsfeed is available in English, Japanese, Korean and Portuguese.

Additional services are available for subscription.

To subscribe to TOGGLE AI, log in to Portal, click the head/shoulders icon and click User Settings > select Research Subscriptions > select the Current Research Configuration icon.

Wolfe Research, LLC is a premier independent sell-side research firm with a commitment to best-inclass content and ongoing strategic growth. Wolfe Research produces objective and distinguished research across multiple sectors, including Macro, Industrial/Basic Materials, Utilities/Energy, Consumer, Financials/REITs, Healthcare and TMT. The firm's research content contains US equity reports and company models that span over 600 equities across 81 industries and enables clients to leverage Wolfe's unbiased and differentiated views to analyze new investment opportunities.

Wolfe's research product is available upon approval to eligible US hedge fund and institutional clients of Interactive Brokers.

Visit our website to learn more about the dozens of free and premium market research and news providers.

IBKR does not recommend or endorse any products or services of the listed providers.

Smart Investors Never Stop Learning

Click the Research and Education menu in IBKR Mobile or visit ibkrcampus.com to learn more about current events, trading, financial markets and IBKR's trading tools.

Traders' Academy

Webinars

Traders' Insight

Podcasts

Quant

Student Trading Lab

Learn about trading, financial markets and IBKR's trading tools. Improve your understanding of markets and stay on top of current events.

New and Updated Courses

Fixed-Income Trading for TWS
This course is designed to help traders and investors navigate and configure bond-related tools within the IBKR Trader Workstation (TWS) – whether new to the world of the fixed-income markets or an experienced professional. By the end of this course, you should learn how to search for, select, analyze, and make investment decisions about specific fixed-income products, including government, corporate, and municipal debt securities.
Setting Up Your New IBKR Institutional Account
The video lessons in this course will review how to set up your new institutional account with Interactive Brokers. The lessons cover topics such as adding individuals as users for account access, subscribing to market data or research, setting trading restrictions, and more.
Introduction to Value Investing
Learn about Value investing which is a style of investing that involves identifying stocks or other assets that are undervalued by the market.
IBKR's Client Portal API
Interactive Brokers offers the ability to trade, monitor and manage your IBKR account using a single RESTful API. This course will explore the API with code examples.
The IBKR Student Trading Lab's Catalogue of Resources
The IBKR Student Trading Lab (STL) offers an extensive toolkit for educators of college-level finance courses to help bring real-world financial decisions and outcomes to their curricula. This catalogue of STL's resources illustrates how IBKR's award-winning trading platforms and tools, wealth of service offerings, and educational tutorials, combine to create a hands-on experience for students of all skill sets to help master their learning objectives – and all at no cost.
Getting Started with TWS for Advisors
We have divided this course in two to address both trading and CRM. This course deals with an introduction to Trader Workstation (TWS) for Advisors where you will learn how to navigate TWS, monitor your clients' and your firm's aggregate positions. We show you how to trade for an individual client and for several (or all) clients at a time. And we introduce the Order Allocation Tool, which really gets to the heart of order management. You will learn to build Model Portfolios, how to allocate clients' money to a Model as well as how to rebalance a portfolio. We also show you how to navigate the Tax Harvester Tool enabling you to run your individual client's portfolio efficiently.
Client Portal
Client Portal enables you to stay connected with key features and services inside your IBKR account. Client Portal not only provides users with access to account details, statements and reports, but also allows you to monitor global markets, build watchlists and scanners and trade using a single log in.
Overnight Trading
Trading outside of regular trading hours can be performed on each of IB's trading platforms, TWS, Mobile TWS and Client Portal. This course explains how to create orders designed to execute beyond regular US trading hours. In addition, both CME and Cboe Global Markets offer around-the-clock access to futures options and options markets, respectively. Each lesson walks the user though examples of accessing those markets.
Introduction to TWS Order Types
In this Traders' Academy course you will learn about the most popular Order Types: "Market", "Limit" and "Stop".
Securities Lending and Borrowing
This course is aimed at helping investors wanting to take a short position in stocks understand what to do and where to find key information in Trader Workstation. We explain the short selling cycle and how investors can easily find out stock loan availability in the platform.
Getting Started for Financial Advisors
This course will review the Advisor Portal, which is our free and powerful client relationship management (CRM) platform for financial advisors and RIAs. The web application serves as the one-stop destination to manage clients, run reports, view key performance metrics, funding, and more. Additionally, automatic billing, electronic client applications, and white branding are part of IBKR's turnkey solution for registered advisors.
IBKR Mobile - iPhone
This course will review using IBKR Mobile on your iPhone. We will cover a wide range of topics such as customizing your watchlists, adding chart indicators, trading stocks and options, and configuring two factor authentication using IB Key.
Introduction to Futures
This course provides content to suit investors with different levels of knowledge about the futures market. Investors new to the world of futures trading can use this introductory course to learn key industry concepts and how to find information using the trading tools within TWS.

Visit Traders' Academy

See All Upcoming Webinars

Watch, listen and learn about current market topics, IBKR tools and more by participating in free, live webinars or viewing recorded webinars.

Featured Webinars

Navigating the Waves of Change: Credit and Rates Market Update | November 13, 2023
Presented by: Todger Strunk, Managing Member, CIO, Cayside Partners
In this webinar, we will use historical context to understand the current Credit and Rate environment. Cayside Partners will provide charts on interest rate spreads, yield curves and historical rate/credit information.
Cybersecurity: The Megatrend that All Others Depend Upon | November 16, 2023
Presented by: Christopher Gannatti, CFA, Head of Research, Europe, WisdomTree
Join WisdomTree as we explore critical themes in cybersecurity, measures companies are taking to protect themselves, the key macro factors fueling company growth and valuation in the space and possible catalysts for M&A and industry growth.
How to Find and Choose Different Bonds in 2024 | January 10, 2024
Presented by: Tariq Dennison, TEP, Wealth Manager, GFM Asset Management
Throughout 2023, the most common inquiry that speaker and experienced bond trader Tariq Dennison received from clients was about bonds, ranging from, "How do I buy T-bills?" to "How can I find higher-yielding and longer-dated bonds with the terms I want?". In this webinar, Tariq explains bonds step by step in plain English, starting with a brief world tour of treasuries, corporates, and more exotic sovereign issues, and how to find and choose the specific bonds to fit your objectives, all within IBKR TWS.
Innovative Advisor Tools at Interactive Brokers | January 30, 2024
Presented by: Interactive Brokers
Join us for a roundtable discussion regarding tools and features Interactive Brokers has released for advisors and how this can grow your business and improve efficiency. The webinar will be moderated by Interactive Brokers with participation from four advisors on the IBKR platform.

¡Nuevo! - IBKR Podcasts Español

Watch or read market commentary and analysis from nearly 100 industry pros, including both IBKR's Chief Strategist and Senior Analyst.

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IBKR Podcasts is a series that interviews thought leaders from across the financial services industry.

Featured Episodes

Unearthing Trading Secrets: Adrian Reid on Mastering the Systematic Approach | October 19, 2023
Guest: Adrian Reid, Founder, Enlightened Stock Trading
There are people who trade, and there are people who make computers do the hard work for them. How? By building a system and testing it. Adrian Reid explains some of the pitfalls of both approaches and unveils what he wishes he had known much sooner in his trading career.
It's the Financial Conditions Dummy! | October 31, 2023
Guest: Neil Azous, Founder, Managing Member and Chief Investment Officer of Rareview Capital LLC
Neil Azous at Rareview Capital opines ahead of the November FOMC meeting and concludes that Elvis has left the building, at least when it comes to further policy tightening.
To Early Exercise or Not, That is the Question | November 17, 2023
Guests: Will McBride and Dmitry Pargamanik, cofounders of Market Chameleon
Will McBride and Dmitry Pargamanik join IBKR's Jeff Praissman to discuss the risks and benefits of early option exercises and assignments.

We recently began offering Podcasts in Spanish.

Una Nueva Era de Inversión en Latinoamérica with Santiago Arias, Head of Equities, Credicorp Capital Asset Management
Transparencia en la Negociación Electrónica de Bonos with Maria Calderon, Directora para America Latina MarketAxess
Fluyendo con el Análisis Técnico with Andrés S. Trujillo Renzi, Economista, Chartered Market Technician (CMT) y Gestor de fondos en Bendio AG

Visit IBKR Podcasts

Learn About the Student Trading Lab

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The IBKR Quant Blog is a rich resource for enhancing your quant skills. Perfect for those new to computational finance or looking to refine their strategies using code-based examples from expert developers. And the IBKR Quant newsletter delivers the latest quantitative finance trends and strategies straight to your inbox.

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The Student Trading Lab is a free online resource for college and high school educators looking to blend finance, blockchain and/or computer science classwork with real-world trading experiences.

New Features

We recently upgraded the Client Portal experience for professors and students.
We launched a User Guide for Professors and a User Guide for Students. These resources provide instructions on managing and monitoring student accounts, performing account cash equity resets, running statements, and more.

Open an Educator Account

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Mobile Phones with 2024 Calendar App on screens

New Products

2024 Trading Calendar

The International Trading Calendar Holiday and Expirations HTML App 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.

View the Calendar App

New Products

2023 Tax Planning and Tax Form Availability

Please visit our website for information on tax form availability for tax year 2023.¹ Once available, you can download important documents by logging in to Portal and visiting the Performance & Reports > Tax Documents menu for copies of your tax forms, donation receipts and dividend tax vouchers.

2023 Tax Planning

[1] Information is offered as a courtesy; clients are advised to seek professional guidance.

IBKR AWARDS 2023

An Award-Winning Year!

During 2023, Interactive Brokers was named Barron's #1 - Best Online Broker for the sixth consecutive year and recognized around the world for low costs, breadth of product and advanced trading technology.

For the 6th year in a row, Barron's named Interactive Brokers as #1 – Best Online Broker

5 out of 5 stars Overall

2023 BrokerChooser Best Online Brokers

Best Online Broker - 2023
Best Broker for Day Trading - 2023
Best Stock Broker - 2023
Best Broker for Investing - 2023
#1 for Best Online Broker in Singapore: Read More
#1 for Online Brokers & Trading Platforms in the United Kingdom: Read More
#1 for Best Online Brokers in India: Read More
#1 for Best Brokers for ESG Investing: Read More

2023 StockBrokers.com Review

#1 Professional Trading
#1 Active Trading
#1 Futures Trading
#1 International Trading
#1 Investment Options
#1 Platform Technology
#1 Sentiment Investing
#1 ESG Investing
5 out of 5 stars Mobile Trading Apps
5 out of 5 stars Investment Options
5 out of 5 stars Platforms & Tools
5 out of 5 stars Research

2023 ForexBrokers.com Online Broker Review

4.6 out of 5 stars Overall
Best Broker for International Trading
Best Online Broker for Advanced Traders

Best Online Brokers for Bonds: Read the full article
Best Overall Broker for Mutual Funds: Read the full article

2023 Preqin Awards

Featured as a Top Prime Broker
Featured as a Top Hedge Fund Custodian

2023 Investing in the Web Global Broker Awards

Best Broker Overall
Broker with the Lowest FX Fees
Best Broker for Bonds
Best Broker for Corporate Accounts
Best ESG and Impact Investing App (for IMPACT, by Interactive Brokers)
Best Broker for LLCs
Best European Trading Platform
Best Trading Platform in the UAE
Best Investing Platform in the UK

2023 Good Money Guide Awards

Best Bond Broker
Best Futures Broker
Best Options Trading Platform

2023 Australian Finder Awards

Share Trading Customer Satisfaction Winner
Best for Global Stocks
Best for Active Traders