Interactive Brokers Review 2019 – A Leader in Low Cost Trading
Interactive Brokers is part of international corporation known as Interactive Brokers Group LLC (IBG LLC). The subsidiaries of the group are an automated global electronic market maker and broker. The group headquarters are in Greenwich, Connecticut, but it also has offices around the world. Including Hong Kong, London, Montreal, Tokyo, and Sydney. The Interactive Brokers Group was founded in 1994, by Thomas Peterffy, the Chairman and CEO. Interactive Brokers LLC, and a number of other brand names are licensed and regulated in a number of countries. These include the FCA in the UK, US Securities and Exchange Commission, and the Commodity Futures Trading Commission in the US, and the Hong Kong Securities and Futures Commission.
Interactive Brokers LLB is the largest subsidiary of the group, and is a US broker-dealer that was formed in 1993. Based on the number of daily average revenue trades, it is considered to be the largest US electronic broker. Another major subsidiary, is Timber Hill LLC, which is a US market maker that was formed in 1992. Quite an impressive set on connections, and certainly enough to warrant us spending some time researching and writing this Interactive Brokers review.