INTERACTIVE BROKERS

Zhong will accelerate the company’s growth and expansion in China.

The firm clarified that there will not be added spreads, custody fees or markups.

The US-listed brokerage noticed an increase in its client accounts during August.

Cardholders of the brand-new prepaid card are entitled to offset transactions against their IB account balances.

Total DARTs for the month came in at 2.36 billion, while the broker added over 37,200 new traders.

The company is planning to attract individual investors in the region.

The US-listed brokerage argues that its decision is aligned with the industry standards.

The average commission per cleared commissionable order was $2.26 including exchange, clearing and regulatory fees.

The broker generated a pre-tax profit of £15.3 million in that period.

The US-listed brokerage firm had 1.33 million customer accounts in Q1 of 2021.

The average commission per cleared Commissionable Order was $2.49 including exchange, clearing and regulatory fees.

The broker will charge a commission between 0.7 bps and 1.5 bps on gold trades.

He will be based in Chicago and will report directly to the CEO.

DARTs increased by 12 percent from the previous record set back in January 2021 of 3.29 million transactions.

The worst performer for the month was GAIN Capital which saw an overall fall of $10 million to $220.7 ...

Last month’s DARTs were 223 percent higher year-on-year and 43 percent higher month-on-month.

TD Ameritrade, IG Group and Charles Schwab were the first major brokerage houses that have banned trading on these ...

Despite headwinds from a push to no-fee trading, Interactive Brokers’ commission revenue jumped 71 percent to $120 million.

GAIN Capital was the worst performer, having lost $5.2 million in retail traders’ funds, to $217.8 million.

The discount brokerage saw 2.29 million in DARTs last month, three time higher than 771,000 transaction in December 2019.

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