In an interview on CNBC's "Squawk on The Street", Interactive Brokers CEO Thomas Peterffy said that the current market situation is similar to the '87 crash, because when investors are short volatility they eventually need to cover. He also said he expects more volatility ahead.
Interactive Brokers ranked among the five best brokers in IBD's 2018 Best Online Brokers survey. The company won high marks for Low Commissions & Fees, Trade Reliability, Mobile Trading Platform, Low Cost / Free ETF Trading, Options Trading Platform, Site Performance and Equity Trading Tools.
Low fees are a key component in attracting and retaining clients explains author Paul Katzeff. He notes that Interactive Brokers has the lowest commission charging a $1 minimum compared to Fidelity Investments and Charles Schwab, which both charge $4.95 per trade, and other companies with even higher commissions.
Profile article on how Interactive Brokers uses technology and automation to provide hedge funds with a wide range of products and technological tools and help save them money. Executive Vice President Steven Sanders also explains how IBKR used technology to adapt to new regulations such as MiFID II.
Ellen Chang explains how investors can make money with little risk by lending shares to brokers such as Interactive Brokers that offer Stock Yield Enhancement Programs.