Internship
Summer Internship 2025
Greenwich, CT
Posted on 8/30/2024
Interactive Brokers
1,001-5,000 employees
Online trading platform with low commissions
Greenwich, CT, USA
- Currently enrolled at an accredited college/university at the Junior, Senior, or Graduate School academic level.
- Overall GPA of 3.5 or higher
- Required 10-week program commitment
- Must have excellent written and verbal communication skills
- Excellent analytical skills
- Advanced skills in MS Excel desired
- support the business on various projects in departments such as Accounting/Finance, Client Services, Compliance, Legal, Human Resources, Marketing, and Operations.
Interactive Brokers provides an online trading platform that allows individual traders, investors, and financial advisors to access a variety of financial instruments, including stocks, options, futures, currencies, bonds, and funds. The platform operates in over 135 markets across 33 countries, enabling users to diversify their investments globally. Interactive Brokers stands out from competitors by offering low commissions and financing rates, ensuring that trading remains affordable. They focus on best execution, aiming to secure the best prices for trades. Unique features include the ability to purchase fractional shares, making high-value stocks accessible to more investors, and the IMPACT app, which helps users align their investments with personal values like sustainability. The goal of Interactive Brokers is to provide a comprehensive and cost-effective trading experience for clients worldwide.
Company Stage
IPO
Total Funding
N/A
Headquarters
Greenwich, Connecticut
Founded
1977
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%
Simplify's Take
What believers are saying
- IBKR's advanced technology supports superior order execution and competitive pricing.
- The rise of AI-driven trading tools could enhance IBKR's competitive edge.
- Growing popularity of fractional share trading aligns with IBKR's accessibility strategy.
What critics are saying
- Zero-commission platforms like Robinhood may pressure IBKR to reduce commission rates.
- DeFi platforms offer alternatives, potentially drawing clients away from traditional brokers.
- Technological advancements in AI trading could outpace IBKR's current offerings.
What makes Interactive Brokers unique
- IBKR offers low-cost trading solutions with transparent commissions and financing rates.
- The platform provides direct market access to over 135 markets in 33 countries.
- IBKR's IMPACT app allows investments aligned with personal values, like sustainability.
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Benefits
Competitive Pay with discretionary bonus packages which include company stock grants
Comprehensive Health Plans that include extensive Vision, Dental and Prescription coverage
Daily Lunch Allowance
401K Retirement Savings Plan (generous company match)
Wellness Incentives
Flexible Spending Accounts
Paid Personal Time and Sick Leave