The Interactive Brokers Group (IBKR) is pleased to announce that during the first half of 2007 it received price improvement on 14.85% of its customers' marketable US options orders vs. 0.57% for the industry as a whole. These statistics were independently validated by the Transaction Audit Group (TAG) of New York, NY, who IBKR recently hired to audit the results of its SmartRoutingSM technology.
"Our singled minded focus on building SmartRouting technology, lowering commissions, and creating option trading tools that give our professional customers the edge in the markets helps explain why IBG executed 19.3% of North American options during the first half of this year" said Steve Sanders, Interactive Brokers SVP of Marketing and Product Development. "We look forward to our continued partnership with TAG over the coming years as we continue to enhance our SmartRoutingSM technology to respond to changes in the markets and TAG is able to independently validate our performance for the public at large."
Those interested in finding out more about Interactive Brokers' SmartRouting technology, ultra low commissions, combination order execution guarantees, market maker designed trading tools, and protection against exchange outages should visit www.interactivebrokers.com. For information on the Transaction Audit Group visit www.tagaudit.com.
About Interactive Brokers
Interactive Brokers Group is an automated global electronic market maker and broker specializing in routing orders and executing and processing trades in securities, futures and foreign exchange instruments as a member of more than 60 electronic exchanges and trading venues around the world. As a market maker, we provide liquidity at these marketplaces and, as a broker, we provide professional traders and investors with direct access to stocks, options, futures, forex and bonds from a single IB Universal AccountSM. Employing proprietary software on a global communications network, Interactive Brokers Group continuously integrates its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.
Interactive Brokers LLC is a member of NYSE/NASD/SIPC. (www.sipc.com)
Options involve risk and are not suitable for all investors. For more information read the "Characteristics and Risks of Standardized Options". For a copy call (203) 618-5800.
Supporting documentation for any claims and statistical information will be provided upon request.
