Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: A Horse With No Name who wrote (9849)	11/14/2007 2:52:42 PM
From: A Horse With No Name	Respond to of 29622

this is what the website says on interactive brokers * Interactive Brokers Group currently holds $3 billion in equity capital. * The affiliates of Interactive Brokers Group execute 14% of the world's equity options and 19.2% of US options. * Group affiliates execute over 700,000 trades per day. * Group affiliates hold memberships on over 70 exchanges, market centers, and clearing corporations around the world. * Interactive Brokers Group has been in the trading business for 30 years. * Interactive Brokers Group has always been at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. * Interactive Brokers Group is rated Investment Grade by S&P. * Interactive Brokers customers are protected by $30 million in securities account protection. Investment Policy Interactive Brokers does not hold any Subprime/CDO Exposure. As a regulated broker, IB is subject to SEC and CFTC regulations on investment of customer funds. Permissible investment vehicles include bank deposits and a variety of top-rated government securities and related instruments. IB’s effective investment policy is more stringent than this, reflecting our risk-averse philosophy. We only invest customer funds in government securities and repos, cash deposits in bank accounts at the largest banks and the triple A-rated JP Morgan Prime Fund (in which we invest less than 1% of customer assets). Additionally, we limit customer exposure through the following credit policies: * Keeping investments in highly liquid, short-term instruments * Distributing client funds among a variety of banks and counterparties to avoid concentrated exposure to any single counterparty * Rigorous analysis by our Credit Committee of Counterparty Financial Conditions as well as review of risk factors prior to permitting investment activity with or via any counterparty IB’s investment policy is very conservative. Our strict policies when investing client money minimizes our and your exposure in uncertain credit environments.