Interactive Brokers to Launch Cryptocurrency Trading End of Summer, CEO Reveals
Interactive Brokers will add cryptocurrency trading to its platform by the end of the summer, CEO Thomas Peterffy has revealed. The platform has about 1.33 million customer accounts and $330.6 billion in customer equity as of the first quarter. Interactive Brokers to Offer Cryptocurrency Trading The chairman and CEO of Interactive Brokers (Nasdaq: IBKR), Thomas Peterffy, said at the Piper Sandler Global Exchange & Fintech Conference Wednesday that his company will start offering direct cryptocurrency trading. Peterffy was quoted by the media as saying: Customers certainly are asking for....
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U.S.-based financial advisers with Interactive Brokers are now able to recommend cryptocurrency investments to their clients. Brokerage firm Interactive Brokers Group is allowing investment advisers registered with the company to trade four cryptocurrencies.In a Monday announcement, Interactive Brokers said its Registered Investment Advisers would be able to trade and custody Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) for clients using Paxos Trust Company. The firm reported this service was currently available only for its advisers in the United States but it....
Interactive Brokers, one of the largest online brokerage firms, has announced today it is offering cryptocurrency trading services in alliance with Paxos. Users of the platform now have a complete suite of cryptocurrency trading options, along with traditional trading offerings like stocks and bonds. The company recognized the importance of digital assets for traders to help them achieve their financial objectives.
Interactive Brokers Debuts Crypto Trading
Interactive Brokers, an online brokerage with more than one million customers, has introduced cryptocurrency to its suite of....
Interactive Brokers wants to offer as yet unnamed cryptocurrencies to its traders. United States foreign exchange company Interactive Brokers will offer direct cryptocurrency trading to clients within months, a report says.Speaking at the Piper Sandler Global Exchange & FinTech Conference on June 9, founder Thomas Peterffy revealed that the firm had opted to enter the crypto market.Demand fuels latest crypto uptakeQuoted by CNBC, Peterffy hinted that client demand had been a major driver of the decision.“Customers certainly are asking for [crypto trading] and we expect to be ready to offer....
Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients.
Registered Investment Advisors Can Now Offer Cryptocurrencies to Clients
Global investment firm Interactive Brokers Group (Nasdaq: IBKR) announced Monday the launch of cryptocurrency trading for registered investment advisors (RIAs) in the U.S.
This offering will enable RIAs to “trade and custody bitcoin (BTC), ethereum (ETH), litecoin (LTC) and....
Brokerage firm Interactive Brokers Group has announced that it is launching crypto trading for investment advisors. The firm is bringing cryptocurrency investment to investment advisors in the U.S. to help streamline the process of investing clients’ funds in the market. Financial advisors are able to invest and custody cryptocurrencies like Bitcoin, Bitcoin Cash, Litecoin, and […]