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Interactive Brokers Enhances Portal Functionalities

Source: Gin

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​Interactive Brokers, an automated global electronic broker, has further enhanced its portal's functionalities for individual clients, advisors and brokers.

The enhancements are focused on fee charge and account queries. In the aspect of fee per trade unit, brokers can now charge client commissions on USD/CAD stocks as a percentage of trade value in addition to per share. For the account queries, client data generated by brokers using the account queries tool can now be exported in CSV format.

Interactive Brokers regularly updates its portal functionality. Earlier this year, the broker added additional queries such as Fee Configuration and IRA Contribution to its account queries tool. In June last year, it made several upgrades to its portal​, which mainly concerned client report delivery and account queries.

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