IB has "Only" $118M in Cust Segregated Assets

[Xenia]

Quote from CPTrader:

Even if that is the case and you assume an average 20% margin-to-equity ratio, then they have cust assets of about $600M - still very small compared to the $5-6B held by Man, Calyon, Fimat & REFCO (pre- bennett fiasco)

I think that institutional accounts can have their own "clearing setup".

 

[bushwacked]

move your funds to prince alwaleed bin talal, who is the arab warren buffett.

 

[joeyata1]

man all these attacks on ib are jeolousy. ib is insured if they go under who cares we all get are money just like if sch went under. ib is a huge company now and well capitalized

 

[def]

funds get swept to the equity side each night so that number is not representative of customer assets. the financials for the brokerage unit are on IB's site.

 

[Nordic]

Quote from def:

funds get swept to the equity side each night so that number is not representative of customer assets. the financials for the brokerage unit are on IB's site.

All IB is doing here is staying compliant with SRO and Margin rules. I would be worried if they did not do this.

 

[mokwit]

Quote from def:

funds get swept to the equity side each night so that number is not representative of customer assets. the financials for the brokerage unit are on IB's site.

I may be a critic of IB on 2 issues but this is an example of one of the many things that IB gets VERY RIGHT.