Interactive Brokers Launches Electronic Marketplace for Advisors

Before you go, we thought you'd like these...
Before you go close icon

Interactive Brokers Launches Electronic Marketplace for Advisors

GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) is pleased to announce the launch of the IB Money Manager Marketplace, the first fully electronic forum designed to connect Wealth Managers and Money Managers.

Advisors focused on Wealth Management - that is, the gathering of client assets - connect with Money Managers, who are advisors with expertise in investing and trading equities, options, futures, forex, and bonds domestically or across international markets.


The IB Money Manager Marketplace provides a venue for Money Managers to advertise their trading expertise and access a large pool of potential new clients. Participants utilize IB's sophisticated trading platform, Trader Workstation (TWS), and superior worldwide trade execution across multiple asset classes.

Advisors with clients at IB can easily access the fully electronic IB Money Manager Marketplace in Account Management. Money Managers complete an application to list trading services in the Marketplace by visiting the Money Manager Open Account page.

Steve Sanders, Executive Vice President, Business Development and Marketing, at Interactive Brokers Group, said of the Money Manager Marketplace, "The new program cuts out search costs for Wealth Managers seeking trading expertise for client accounts, and provides a one-stop-shop for Money Managers looking to market and use their skills to trade the world's markets."

For more information about Interactive Brokers and the IB Money Manager Marketplace, please visit http://institutions.interactivebrokers.com/en/index.php?f=4821.

About Interactive Brokers Group, Inc.:

Interactive Brokers Group, Inc., together with its subsidiaries, is an automated global electronic broker that specializes in catering to financial professionals by offering state-of-the-art trading technology, superior execution capabilities, worldwide electronic access, and sophisticated risk management tools at exceptionally low costs. The brokerage trading platform utilizes the same innovative technology as the Company's market making business, which executes and processes trades in securities, futures and foreign exchange instruments on more than 100 electronic exchanges and trading venues around the world. As a market maker, we provide liquidity at these marketplaces and, as a broker, we provide professional traders and investors with electronic access to stocks, options, futures, forex, bonds and mutual funds from a single IB Universal AccountSM. Employing proprietary software on a global communications network, Interactive Brokers Group continuously integrates its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.

anImage


Media:
Interactive Brokers Group, Inc.
Caitlin Duffy, 203-913-1369

KEYWORDS:   United States  North America  Connecticut

INDUSTRY KEYWORDS:

The article Interactive Brokers Launches Electronic Marketplace for Advisors originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners