Breaking: Interactive Brokers to Cease Market Making of Options

[kreslik.news]

Interactive Brokers (NASDAQ:IBKR), one of the biggest multi-asset retail brokers in the US, is on the wires with a surprising bit of news. The company announced moments ago that it will stop its options market making activities globally. The firm has been executing its pricing via its Timber Hill companies.

Interactive Brokers is starting a gradual process of phasing out its activities globally. The effort will spread over a couple of months. According to the firm’s official announcement, the broker will continue certain trading activities in stocks and related instruments.


Interactive Brokers was one of the first ... (read more)