Financial Strength - Strength and Security

Strength and Security

STRENGTH AND SECURITY

Financial Strength

Strength and Security

Financial Strength

When placing your money with a broker, you need to make sure your broker is secure and can endure through good and bad times. The financial statements of Interactive Brokers Canada Inc. are available on our website for your review. Note that Interactive Brokers Canada Inc. is owned by Interactive Brokers Group (IBG LLC).

Note that Interactive Brokers LLC and its affiliates are owned by IBG LLC.

In a recent interview, Thomas Peterffy, Founder and Chairman of the Board of Directors, shared his views on the current state of financial markets, including rising interest rates and their impact on Interactive Brokers. He also discussed IBKR's interest rates on instantly available cash balances and how clients are positioned to navigate the current environment.

CNBC Thomas Peterffy video interview icon

March 13, 2023 | 8:08 PM EDT

CNBC interview with Thomas Peterffy

Watch Video


Important Strength and Security Facts about Interactive Brokers Group1


  • IBKR IS NOT A BANK, and as a regulated securities broker dealer, we cannot carry securities classified as HTM (Held To Maturity), which are not required to be marked to market on a bank's books. We also cannot make unsecured, long-term loans.
  • The only kind of loans we can make are margin loans fully secured by marketable securities.
  • Our real-time margining system marks all client positions to market continuously. All orders are credit vetted before being executed and positions in accounts with inadequate margin deposits are liquidated automatically.
  • ALL of our positions are marked to market daily and the resulting payables/receivables are reconciled to outside sources automatically.
  • IBKR invests cash in very short-term investments maturing within a few months. We hold no material positions in over-the-counter securities or derivatives. We hold no CDOs, MBS or CDS.
  • On a consolidated basis, IBG LLC has $16.1 billion in equity capital, over $10.9 billion in excess of regulatory requirements.
  • IBG LLC's owners are our public company, Interactive Brokers Group, Inc. (25.8%) and the firm's employees and their affiliates (74.2%). Unlike at most other firms, where management owns a relatively small share, we participate substantially in the downside just as much as in the upside. Because of this vested interest, we run our business conservatively.
  • IBG LLC reported $3.069 billion of pretax profit for 2023.
  • IBG LLC has no long-term debt.
  • Interactive Brokers LLC is rated "A- Outlook Stable" by Standard & Poor's. View S&P Rating Report.
  • Interactive Brokers LLC's financial statements, which reflect the mark to market profit/loss on all securities positions, are submitted monthly to its regulators in its FOCUS report. View latest report.
Disclosure
  1. Information as of September 30, 2024. "Interactive Brokers Group" and "IBKR" include the Group's operating subsidiaries.

Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.


Know Your Advisor: View the CIRO AdvisorReport