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Interactive Brokers, Inc. (IB), headquartered in Greenwich, Connecticut, is an American multinational brokerage firm. It operates the largest electronic trading platform in the United States by number of daily average revenue trades - in 2023, it processed an average of 3 million trades per trading day. [1]
Spouse. Dale McDonald (divorced) Children. 3. Thomas Peterffy (born September 30, 1944) [1] is a Hungarian-born American billionaire businessman. He is the founder, chairman, and the largest shareholder of Interactive Brokers. [2][3] Peterffy worked as an architectural draftsman after emigrating to the United States, and later became a computer ...
To learn more about Interactive Brokers, visit its website. 5. Ally Invest. Ally Invest offers a self-directed trading platform with an intuitive design and access to a wide range of trading tools.
Payment for order flow (PFOF) is the compensation that a stockbroker receives from a market maker in exchange for the broker routing its clients' trades to that market maker. [1] It is a controversial practice that has been called a "kickback" by its critics. [2] Policymakers supportive of PFOF and several people in finance who have a favorable ...
Interactive Brokers. Long known as a high-powered alternative for professional and active traders, Interactive Brokers also offers fractional shares, which is a boon to investors without those ...
Ally Invest. Ally Invest offers access to more than 12,000 mutual funds. The broker cut its commission on no-load mutual funds to $0 from $9.95 per trade in 2023. The move makes Ally Invest a top ...
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