Interactive Brokers founder and CEO to step down later this year
Malin Galik will succeed Thomas Peterffy as CEO of the company in the third quarter this year.
Tag: Interactive Brokers
Interactive Brokers fined $5.5 million for violating short selling rules
FINRA has fined Interactive Brokers for failing to comply with short selling rules between 2012 and 2015.
Interactive Brokers fined $4.5 million for algo trading system failures
Hong Kong authorities found Interactive Brokers breached code of conduct for execution of algo and electronic orders.
Interactive Brokers fined £1 million for market abuse failures
Online broker failed to submit any suspicious transaction reports on potential market abuse for a year.
JP Morgan, Citi and Deutsche fined $4.75m for access violations
FINRA, Nasdaq, Bats and NYSE pursued action against firms for violating market access rules in the US.
Two Sigma to acquire Interactive Brokers’ US options arm
The acquisition completes Two Sigma's journey to expand into the US options market, as it looks to reinvigorate Timber Hill business.
Interactive Brokers suffers $22m market making loss
Firm said the shutdown of its options market making business is expected to cost $25 million.
Interactive Brokers shuts down options market making business
Options market making business to be phased out over next few months.