Anybody else worried about IB?

[ZBZB]

what did you do with the cash?

I bought premium bonds which are a U.K. state lottery where you get the money back. Yield 1.3% if you win the average. Up to a £1m prize if your get lucky.

 

[NewTraderAdventure]

about the same chance UK defaults and IB going belly up

 

[clacy]

Put anything north of $250k into a treasury ETF like SHY or IEF

 

[SelfMadeDude]

I've had this question in my mind for quite sometime now...

Hedge Funds manage billions of dollars AUM...many of them trade only futures and currency...their AUM are safe because they use a prime broker who is almost guaranteed to never fail?

Is that how it works?

Thank you

 

[Robert Morse]

In my experience, the largest hedge funds don't trade "only" futures and Spot FX. Putting that aside, they use larger banks to custody their AUM and the reality is there is no guarantee.

I've had this question in my mind for quite sometime now...

Hedge Funds manage billions of dollars AUM...many of them trade only futures and currency...their AUM are safe because they use a prime broker who is almost guaranteed to never fail?

Is that how it works?

Thank you

 

[Daal]

I would worry if IBKR shares went bellow $15 or something. MF global gave plenty of signs it was going under, by a plunging stock price and all the rumors. IB has none of that

 

[def]

You'll see IBKR posts daily seg numbers here. Fully transparent and with excess greater than many other firms capital.
https://investors.interactivebrokers.com/en/index.php?f=7464

IBKR also has many hedge funds as clients. Some large, some small. I could easily argue that funds are safer at IBKR than some of the banks simply because we don't assets off balance sheet with little to no debt.

If you haven't read what we have to say about our strength and security, I would urge you to read here:
https://www.interactivebrokers.com.hk/en/index.php?f=2334

 

[Genevian Speculator]

You'll see IBKR posts daily seg numbers here. Fully transparent and with excess greater than many other firms capital.
https://investors.interactivebrokers.com/en/index.php?f=7464

IBKR also has many hedge funds as clients. Some large, some small. I could easily argue that funds are safer at IBKR than some of the banks simply because we don't assets off balance sheet with little to no debt.

If you haven't read what we have to say about our strength and security, I would urge you to read here:
https://www.interactivebrokers.com.hk/en/index.php?f=2334

Thank you so much for your answer, mister.

 

[SelfMadeDude]

You'll see IBKR posts daily seg numbers here. Fully transparent and with excess greater than many other firms capital.
https://investors.interactivebrokers.com/en/index.php?f=7464

IBKR also has many hedge funds as clients. Some large, some small. I could easily argue that funds are safer at IBKR than some of the banks simply because we don't assets off balance sheet with little to no debt.

If you haven't read what we have to say about our strength and security, I would urge you to read here:
https://www.interactivebrokers.com.hk/en/index.php?f=2334

When do you think your margins will go back to previous levels...

For example, approx. $2K for a Aussie future contracts. Thanks

 

[forexpreneur]

I'm European IB client. Means bail in for me, I would be a shareholder without further notice. That seems far more likely then losing all at once.

Bail ins are not just in the EU, the law is also set in stone for the United States, Canada, Australia, England (no longer part of the EU but the rules were never changed), etc.