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Entering an ACATS Position Transfer

A full ACATS transfer moves all of your assets from a third-party broker to your IB account. A partial ACATS transfer moves only those assets that you select.

If you want to use your third-party broker for an ACATS transfer AND save it in our system for future use, you must complete two tasks:

1. Initiate a new ACATS transfer, but choose to save the new broker information. No transfer is performed in this step.
2. Initiate a new ACATS transfer using the saved broker information. This is where you select the assets to transfer.

   Note: You cannot simultaneously save new broker information and perform a transfer. The transfer must either be performed without saving the broker information, or the transfer must be performed after the broker information is saved.

To request an ACATS transfer

1. Click Transfer & Pay > Transfer Positions.
2. If you have multiple accounts or account partitions, or if you have a master account and you manage one or more client or sub accounts, the Account Selector opens. Select the account you want to use for this transaction, or use the search function in the Account Selector to find the desired account. Click Continue to submit your account selection and close the Account Selector.

   

3. In the Transaction Type list, select Inbound Position.
4. In the Method list, select ACATS.

   

5. In the Broker Information section, complete all fields to identify the third-party broker who will be transferring the assets. Select the broker from the drop-down list; enter your account number, account title and account type at the selected broker; and enter your Tax ID number.
6. To continue with ACATS transfer, select NO for Save Broker Information.

   Note: If you want to save the Broker Information in our system, select YES, then click Continue. Once your new broker information is confirmed, you can initiate a new ACATS transfer using the new broker information.

7. In the Transaction Information section, indicate that you want to transfer all assets from the selected broker (a full ACATS transfer) by selecting YES, and then select YES to the authorization option.

   

8. To transfer only some assets from your third-party broker (a partial ACATS transfer), select NO, and then click Add Asset.

   

   • In the Asset Search window, select an asset type from the drop-down. For example, select Stock.

     

   • Select the Search Type (by Symbol, by CUSIP number or by ISIN number), and then enter the symbol and, optionally, an exchange.

     

   • The Asset Search window refreshes with a list of matching symbols. Click the one you want to transfer. or click Search Again to search to start a different asset search.

     

   • Enter the quantity and type of assets (Long or Short) to transfer. Select YES to transfer your entire position of the selected symbol.

     

9. Click Add. The assets are added to the list of assets to transfer.

   

10. You can remove assets from the transfer by clicking the X in the asset list.
11. Click Continue.
12. On the page that appears, type your signature in the Signature field, and then click Continue.
13. Click Back to modify the transfer request.
14. Click Continue.

For more information

• Funding Reference