Interactive Brokers, a global electronic broker, has
announced the launch of two new services, High Touch Prime Brokerage and Global
Outsourced Trading, aimed at assisting select US hedge funds in managing and
expanding their operations. These services are designed to complement
Interactive Brokers’ existing suite of offerings tailored for active traders
and institutional investors, including a prime brokerage solution encompassing
trading, clearing, custody, reporting, and other features.
High Touch Prime Brokerage provides eligible hedge fund
clients with personalized support, offering access to a dedicated Relationship
Manager who serves as a central point of contact. This manager is equipped to
address inquiries, resolve issues promptly, and facilitate special requests,
drawing upon a deep understanding of the client’s trading strategy and
requirements.
“Hedge funds select Interactive Brokers for our automated
systems and advanced trading technology, which can help keep costs low.
However, we recognize that many hedge funds appreciate having a single contact
familiar with their trading objectives and business strategies,” said Milan
Galik, the Chief Executive Officer of Interactive Brokers. “High Touch Prime
Brokerage enables Interactive Brokers to compete with large prime brokers and
removes a potential barrier for hedge funds who want to move to a low-cost
platform but are accustomed to personalized service.”
Additionally, clients have access to Subject Matter Experts
across various departments within Interactive Brokers, providing operational expertise
to enhance business management efficiency.
Interactive Brokers Introduces High Touch Prime Brokerage Service and Global Outsourced Trading for US Hedge Funds https://t.co/BKFE3ghLvo pic.twitter.com/Gy3ZSI6O6O
— Latest News from Business Wire (@NewsFromBW) April 11, 2024
Extending Trading Reach with IBKR Outsourced Trading Desks
Furthermore, clients availing of High Touch Prime Brokerage
service gain access to IBKR Outsourced Trading desks in Europe and Asia,
extending high touch trading capabilities beyond North America. This expansion
enables portfolio managers to collaborate with experienced IBKR traders around
the clock, crafting execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Read this Term strategies and placing orders for a variety of
instruments including domestic and international stocks, options, bonds, and
more.
Interactive Brokers, a global electronic broker, has
announced the launch of two new services, High Touch Prime Brokerage and Global
Outsourced Trading, aimed at assisting select US hedge funds in managing and
expanding their operations. These services are designed to complement
Interactive Brokers’ existing suite of offerings tailored for active traders
and institutional investors, including a prime brokerage solution encompassing
trading, clearing, custody, reporting, and other features.
High Touch Prime Brokerage provides eligible hedge fund
clients with personalized support, offering access to a dedicated Relationship
Manager who serves as a central point of contact. This manager is equipped to
address inquiries, resolve issues promptly, and facilitate special requests,
drawing upon a deep understanding of the client’s trading strategy and
requirements.
“Hedge funds select Interactive Brokers for our automated
systems and advanced trading technology, which can help keep costs low.
However, we recognize that many hedge funds appreciate having a single contact
familiar with their trading objectives and business strategies,” said Milan
Galik, the Chief Executive Officer of Interactive Brokers. “High Touch Prime
Brokerage enables Interactive Brokers to compete with large prime brokers and
removes a potential barrier for hedge funds who want to move to a low-cost
platform but are accustomed to personalized service.”
Additionally, clients have access to Subject Matter Experts
across various departments within Interactive Brokers, providing operational expertise
to enhance business management efficiency.
Interactive Brokers Introduces High Touch Prime Brokerage Service and Global Outsourced Trading for US Hedge Funds https://t.co/BKFE3ghLvo pic.twitter.com/Gy3ZSI6O6O
— Latest News from Business Wire (@NewsFromBW) April 11, 2024
Extending Trading Reach with IBKR Outsourced Trading Desks
Furthermore, clients availing of High Touch Prime Brokerage
service gain access to IBKR Outsourced Trading desks in Europe and Asia,
extending high touch trading capabilities beyond North America. This expansion
enables portfolio managers to collaborate with experienced IBKR traders around
the clock, crafting execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Read this Term strategies and placing orders for a variety of
instruments including domestic and international stocks, options, bonds, and
more.