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Institutional Services

We give institutional clients the flexibility to execute and/or clear trades on our platform or with numerous third-party brokers via the following services:

• IBClear - Clients requiring the lowest transaction costs, real-time risk management and efficient trade processing can both execute, clear, and hold custody of their trades here. This service is available to Canadian clients.
• IB Prime - Clients execute and clear with Interactive Brokers here, and also take in trades executed with other third-party brokers. This service is available to Canadian clients. IBPrime requires that you have at least 1,000,000 USD in equity and have an existing account at another executing broker.
• IBExecution - Trades are executed at Interactive Brokers here using our superior price execution technology, and then given up to a third-party broker. This service is not available to Canadian clients. IBExecution requires that you have at least 150,000 USD in equity and have an existing account at another clearing firm.

These services can be mixed and matched, and added at any time to fit with our institutional customers’ changing needs. All services utilize our real-time margin system which prevents unauthorized trading by continuously enforcing limits for each account, and automatically liquidating positions if any individual account violates its limits at any time.

Who can access the Institutional Services page?

You can access this page if you are a(n):

• Individual, Joint, or Trust Account User
• Small Business Account User
• Friends and Family Group Group Master or Client (master user cannot change the Account Type of the master account)
• Advisor Master User (can only view the Account Type of client accounts and cannot change it for the master account)
• Advisor Client
• Proprietary Trading Group Master User
• Broker Master User (can also change the Account Type of Non-Disclosed client accounts)
• Broker Fully Disclosed Client
• Investment Manager Master User (can only view the Account Type of client accounts and cannot change it for the master account)
• Fund

To upgrade or change your institutional service

1. Click Settings > Account Settings.
2. If you manage or maintain multiple accounts, the Account Selector opens. Search for and select the account whose account alias you want to change.
3. In the Configuration panel, click the Configure (gear) icon for Institutional Services.

   The first Investor Category screen opens.

   

4. Select the check box next to the Institutional Service to which you want to subscribe.
5. Depending on the services that you have requested, you are prompted to sign a risk disclosure, as required by law. Read the online Disclosure Form(s) and type your name in the Signature field. Click CONTINUE.
6. Click Ok to return to the Account Settings screen.