Interactive Brokers

Cboe Global Markets Announces New Leadership Appointments to Support Continued Global Growth

Retrieved on: 
Mercoledì, Ottobre 11, 2023
Maker, Senior, Cboe Global Markets, Acquisition, Clay, NEO Exchange, Sung, Timber Hill, VIX, Risk, Cowen, Digital, CBOE, Adam, BAML, Growth, Head, DNA, Paradox Access Solutions, BofA Securities, Interactive Brokers, Bank, UBS, ATS, OneChicago, Global digital divide, Electronic trading platform, Management, Financial adviser, Data, Electronic

Catherine Clay appointed Global Head of Derivatives, a new global leadership role for the organization

Key Points: 
  • Catherine Clay appointed Global Head of Derivatives, a new global leadership role for the organization
    CHICAGO, Oct. 11, 2023 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced changes and new appointments to its senior leadership to further support the company's global growth strategy.
  • "Continuing the growth and expansion of our global Derivatives business presents a tremendous opportunity for Cboe and is an area where we intend to continue sharpening our focus," said Fred Tomczyk, Chief Executive Officer of Cboe Global Markets.
  • "Today's leadership appointments enable us to further leverage and expand our global footprint to deliver world-class products and services to our clients."
  • Since 2020, Adam Inzirillo held the position of Senior Vice President, Head of North American Equities at Cboe Global Markets, Inc. (Cboe).

Cboe Global Markets Announces New Leadership Appointments to Support Continued Global Growth

Retrieved on: 
Mercoledì, Ottobre 11, 2023
Maker, Senior, Cboe Global Markets, Acquisition, Clay, NEO Exchange, Sung, Timber Hill, VIX, Risk, Cowen, Digital, CBOE, Adam, BAML, Growth, Head, DNA, Paradox Access Solutions, BofA Securities, Interactive Brokers, Bank, UBS, ATS, OneChicago, Global digital divide, Electronic trading platform, Management, Financial adviser, Data, Electronic

Catherine Clay appointed Global Head of Derivatives, a new global leadership role for the organization

Key Points: 
  • Catherine Clay appointed Global Head of Derivatives, a new global leadership role for the organization
    CHICAGO, Oct. 11, 2023 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced changes and new appointments to its senior leadership to further support the company's global growth strategy.
  • "Continuing the growth and expansion of our global Derivatives business presents a tremendous opportunity for Cboe and is an area where we intend to continue sharpening our focus," said Fred Tomczyk, Chief Executive Officer of Cboe Global Markets.
  • "Today's leadership appointments enable us to further leverage and expand our global footprint to deliver world-class products and services to our clients."
  • Since 2020, Adam Inzirillo held the position of Senior Vice President, Head of North American Equities at Cboe Global Markets, Inc. (Cboe).

SEC Charges 10 Firms with Widespread Recordkeeping Failures

Retrieved on: 
Venerdì, Settembre 29, 2023
Holt, Investment Advisers Act of 1940, Interactive Brokers, Record, TPH, Consultant, Commodity Futures Trading Commission, Chicago Region Environmental and Transportation Efficiency Program, Nuveen, Fifth Third Bank, Robert W. Baird, Security (finance), WBIM, Contract management, Financial adviser

The firms admitted the facts set forth in their respective SEC orders and acknowledged that their conduct violated recordkeeping provisions of the federal securities laws.

Key Points: 
  • The firms admitted the facts set forth in their respective SEC orders and acknowledged that their conduct violated recordkeeping provisions of the federal securities laws.
  • The firms agreed to pay combined penalties of $79 million as outlined below and have begun implementing improvements to their compliance policies and procedures to address these violations.
  • “There are real benefits to self-reporting, remediating and cooperating.”
    The SEC’s investigations uncovered pervasive and longstanding off-channel communications at all 10 firms.
  • By failing to maintain and preserve required records, certain of the firms likely deprived the SEC of these off-channel communications in various SEC investigations.

Interactive Brokers Group Consolidates EU Operations into Ireland

Retrieved on: 
Giovedì, Settembre 28, 2023
Finance, Consulting, Banking, Professional Services, Asset Management, Central bank, Interactive Brokers, Central Bank of Ireland, IBKR, Brexit, Automation, Financial services

Interactive Brokers Group (Nasdaq: IBKR), a leading global brokerage firm, today announced the consolidation of its European brokerage operations, with Interactive Brokers Central Europe (“IBCE”), based in Budapest Hungary, merging its client base and operations into the operations of Interactive Brokers Ireland (“IBIE”).

Key Points: 
  • Interactive Brokers Group (Nasdaq: IBKR), a leading global brokerage firm, today announced the consolidation of its European brokerage operations, with Interactive Brokers Central Europe (“IBCE”), based in Budapest Hungary, merging its client base and operations into the operations of Interactive Brokers Ireland (“IBIE”).
  • The Group expects the merger of its European operations to produce measurable improvements in efficiency, while retaining its key talent pool and regional client focus.
  • Since commencing business following Brexit, these two operations have delivered and supported significant client growth as Interactive Brokers Group expands its presence across Europe.
  • Founded over 45 years ago, Interactive Brokers Group has grown to become one of the preeminent securities firms in the world, with over $12 billion in equity capital and $30 billion of market capital.

CME Group to Launch Micro Henry Hub Futures and Options on November 6

Retrieved on: 
Mercoledì, Settembre 27, 2023
CME, NYMEX, New York Mercantile Exchange, S&P, CME Group, EBS, Metal, Financial services, S&P Dow Jones Indices, EVP, CBOT, Standard, Marketing, City, COMEX, Henry Hub, Natural gas, Chicago Board of Trade, Interactive Brokers, OTC, Environmental Product Declaration, LTD, Iron ore, Chicago Mercantile Exchange, Globe

CHICAGO, Sept. 27, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch Micro Henry Hub futures and options on November 6, pending all relevant regulatory reviews.

Key Points: 
  • CHICAGO, Sept. 27, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch Micro Henry Hub futures and options on November 6, pending all relevant regulatory reviews.
  • These new micro contracts will be one-tenth the size of the company's benchmark Henry Hub futures and options and cash-settled.
  • "Our new Micro Henry Hub futures and options contracts will provide global energy traders with additional flexibility to manage their natural gas exposure with precision," said Peter Keavey, Global Head of Energy and Environmental Products, CME Group.
  • Micro Henry Hub futures and options will be listed by and subject to the rules of NYMEX.

Interactive Brokers Group to Host Third Quarter Earnings Conference Call

Retrieved on: 
Martedì, Settembre 26, 2023
Professional Services, Other Professional Services, Finance, Asset Management, Banking, Personal Finance, Interactive Brokers, IBKR

Interactive Brokers Group, Inc. (Nasdaq: IBKR) plans to announce its third quarter financial results on Tuesday, October 17, 2023, in a release that will be issued at approximately 4:00 pm (ET).

Key Points: 
  • Interactive Brokers Group, Inc. (Nasdaq: IBKR) plans to announce its third quarter financial results on Tuesday, October 17, 2023, in a release that will be issued at approximately 4:00 pm (ET).
  • A conference call to discuss the company's results will be held at 4:30 pm (ET) on that day, October 17.
  • Members of the public who would like to listen to the conference call should register here to obtain the dial-in details.
  • The conference call will also be accessible as an audio webcast through the Investor Relations section of the Interactive Brokers website, www.interactivebrokers.com/earnings .

Interactive Brokers Expands Overnight Trading to Over 10,000 US Stocks and ETFs

Retrieved on: 
Martedì, Settembre 26, 2023
Other Professional Services, Personal Finance, Finance, Asset Management, Consulting, Banking, Professional Services, Fintech, Interactivity, ETF, Overnight, ATS, IB, Blue Ocean Strategy, IBKR, ET, Interactive Brokers, Hour, Financial adviser, Broker

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the expansion of its Overnight Trading Hours service, which now lists over 10,000 US stocks and ETFs.

Key Points: 
  • Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the expansion of its Overnight Trading Hours service, which now lists over 10,000 US stocks and ETFs.
  • Interactive Brokers was one of the first brokers to introduce Overnight Trading on US stocks and ETFs, and the enhanced offering allows clients to trade an even broader range of US equities nearly 24 hours a day, five days a week.
  • To supplement the Overnight Trading liquidity provided by Interactive Brokers' own IBEOS Alternative Trading System (ATS), Interactive Brokers is now connected to the Blue Ocean ATS.
  • When clients choose Overnight Trading to place an order, the IB SmartRoutingSM technology automatically routes the order to the optimal Overnight Trading destination.”
    Interactive Brokers’ regular market hours, extended hours and Overnight Trading Hours enable clients to trade eligible US stocks and ETFs nearly 24 hours a day, five days a week.

Interactive Brokers Collaborates with Zero Hash to Enhance Crypto Trading

Retrieved on: 
Martedì, Settembre 19, 2023
Bitcoin, Ethereum, Bitcoin Cash, Litecoin, API, Quadriga Fintech Solutions, Hash, Interactive Brokers, Broker, IBKR, Cryptocurrency

CHICAGO, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Zero Hash, the leading crypto infrastructure platform, today announced that Interactive Brokers Group, Inc. (IBKR), an automated global electronic broker, is leveraging Zero Hash’s full-stack API to offer an additional crypto trading and custody provider.

Key Points: 
  • CHICAGO, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Zero Hash, the leading crypto infrastructure platform, today announced that Interactive Brokers Group, Inc. (IBKR), an automated global electronic broker, is leveraging Zero Hash’s full-stack API to offer an additional crypto trading and custody provider.
  • Select types of customers, who are newly enrolling for crypto trading access, will utilize the crypto trading platform and custody services provided by Zero Hash.
  • Zero Hash’s solution enables IBKR customers to buy, sell and hold Bitcoin, Ethereum, Bitcoin Cash and Litecoin through an account they open with Zero Hash.
  • “We are pleased that IBKR became a shareholder and partner, cementing Zero Hash as the most trusted and sophisticated B2B2C crypto-as-a-service infrastructure.”

Potomac Blows past $1.2 billion, Launches on Two New Distribution Channels and Sets Stage for the Next Chapter

Retrieved on: 
Martedì, Settembre 19, 2023
Consulting, Asset Management, Professional Services, Finance, Business development, Kinesin, Marketing, CUNA Mutual Group, Mondo, AUM, Investment, Interactive Brokers, Asset, Growth, Digital, Region, Nitrogen, News, Cryptocurrency, Financial adviser

“As much as we have accomplished in the past three years, we’re just getting started,” said Jeff Goodnow, Chief Growth Officer of Potomac.

Key Points: 
  • “As much as we have accomplished in the past three years, we’re just getting started,” said Jeff Goodnow, Chief Growth Officer of Potomac.
  • Potomac continues to expand nationally, and work with companies to add risk-managed solutions.
  • This business is still about building relationships, and boots on the ground is how you accomplish it,” said Manish Khatta, CEO of Potomac.
  • Prior to joining Potomac, Flig was a Demand Generation Specialist at Mondo and a Business Development Representative at Nitrogen.

Paxos Regulated Stablecoin Platform Reaches Five-Year Milestone, Has Issued $120B+ in Stablecoins

Retrieved on: 
Martedì, Settembre 19, 2023
Ethereum, USDP, Paxos Trust Company, Financial services, PayPal, Mercado Libre, Prudential, Finance, New York State Department of Financial Services, Interactive Brokers, Mastercard, Nubank, Ecosystem, Safety, Bankruptcy, Cryptocurrency, Blockchain, Paxos

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Paxos, the leading provider of blockchain infrastructure for enterprises, celebrates the five-year anniversary of its regulated stablecoin platform.  Over the past five years, the company has issued and redeemed more than $120 billion in USD-backed stablecoins across its offerings while setting the market standard for regulatory oversight. All Paxos stablecoins have been issued from the company's New York trust with prudential oversight from the New York State Department of Financial Services. 

Key Points: 
  • All Paxos stablecoins have been issued from the company's New York trust with prudential oversight from the New York State Department of Financial Services.
  • The Paxos platform empowers our enterprise partners to enable payments, settlement, remittances and other real world use cases of stablecoins for hundreds of millions of end users.
  • The Paxos stablecoin platform leverages Ethereum and will expand into multiple other blockchains as it helps to create a more open, accessible economy for all.
  • Paxos stablecoins USDP and PYUSD are issued by Paxos Trust Company and regulated by the New York Department of Financial Services.