GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (NASDAQ GS:IBKR) is pleased to announce the launch of the Investors’ Marketplace, a groundbreaking online service where traders and investors, financial advisors, fund managers, research analysts, technology providers, business developers and administrators can meet and do business together.
The Investors’ Marketplace allows participants to search for a wide variety of investment and other third-party service providers, and advertise their services to individual and institutional investors around the world. To advertise their services, advisors, money managers, hedge funds and brokers must have an account at IB. Other third-party service providers, such as compliance, legal and administrative firms, can list without an IB trading account.
The Investors’ Marketplace has grown significantly since its beta launch earlier this year. The Marketplace now lists more than 300 advisors, brokers, money managers and hedge funds, upwards of 120 research providers, 75 administrative service providers and 295 participating technology providers.
The table below shows the variety of investment and other third-party services available in the marketplace.
| Investing | Research | Technology | Administration | Business Development | ||||
| Advisors | Research | Software Vendors | Administrators | Advertising Firms | ||||
| Hedge Funds | Education & Coaches | Programming Consultants | Auditing Firms | Business Analysts | ||||
| Money Managers | News Feeds |
|
Compliance Firms | Careers | ||||
| Brokers | Trading Publications | Legal Firms | Corporate Access Providers | |||||
| Tax Firms | ||||||||
The Investors’ Marketplace is an easy-to-use online hub that for the first time gives our clients one stop shopping access to investor service providers around the globe. For example, investors who may not be interested in self-directed trading can still benefit from IB’s low cost, breadth of product, advanced technology, and financial strength by partnering with an advisor, broker and/or hedge fund. Further, investors seeking the services of an advisor can research and select an independent advisor to manage their money, avoiding the conflicts of interest inherent in other non-independent advisor relationships.
Interactive Brokers has more than 300,000 customers, many of whom are sophisticated, high net-worth clients who may be eligible to invest a portion of their account in a hedge fund. The Investors’ Marketplace provides a means through which participating hedge funds can market their funds to IB clients who have been qualified as Accredited Investors and Qualified Purchasers.
Thomas Peterffy, founder, chairman and CEO of Interactive Brokers, said of the recent launch, “We believe that the Investors’ Marketplace will make it easier for the investment community to find the best value service providers, and for our participating service providers to more efficiently reach individual and institutional investors worldwide.”
To check out the Investors’ Marketplace, please visit www.ibinvestorsmarketplace.com.
About Interactive Brokers Group:
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 specializes in routing orders and executing and processing trades in securities, futures, foreign exchange instruments, bonds and funds 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 is continuously integrating its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.
