Interactive Brokers Launches Two New Services for US Hedge Funds

Interactive Brokers, an automated global electronic broker, has launched High Touch Prime Brokerage and Global Outsourced Trading, two exclusive new services to help select U.S. hedge funds manage and grow their businesses. Qualified hedge fund clients of Interactive Brokers can now take advantage of the high-touch services, seamlessly delivering Interactive Brokers' automated and cost-effective platform while providing personal resources and attention.

“Hedge funds select Interactive Brokers for our automated systems and advanced trading technology, which can help keep costs low. However, we recognize that many hedge funds appreciate having a single contact familiar with their trading objectives and business strategies,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “High Touch Prime Brokerage enables Interactive Brokers to compete with large prime brokers and removes a potential barrier for hedge funds who want to move to a low-cost platform but are accustomed to personalized service.”

High Touch Prime Brokerage through Interactive Brokers offers access to a dedicated Relationship Manager who serves as a single point of contact for support and has a deep understanding of their client’s trading strategy and requirements. The Relationship Manager will navigate the firm on behalf of the fund to address questions or concerns, resolve issues quickly, and facilitate special requests. Access to Subject Matter Experts at Interactive Brokers in the Risk, Compliance, Securities Lending, Corporate Actions, Tax, Clearing, Transfers, and Proxy departments is also available through this program to provide operational expertise and help hedge funds manage their businesses efficiently.

Clients of the High Touch Prime Brokerage service also gain access to new IBKR Outsourced Trading desks located in Europe and Asia. Expanding high-touch trading capabilities beyond North America enables portfolio managers to craft an execution strategy with, and give orders to, an experienced IBKR trader 24 hours per day. This service is available for domestic and international stocks, options, bonds, and other instruments.