Full-Time

Application Programmer

Posted on 6/27/2024

Interactive Brokers

Interactive Brokers

1,001-5,000 employees

Online trading platform with low commissions

No salary listed

Greenwich, CT, USA

Category
Backend Engineering
Software Engineering
Required Skills
UI/UX Design
Data Structures & Algorithms
Java
REST APIs
Requirements
  • Bachelor’s or Master's degree in Computer Science or related degree
  • 0-3 years of Java experience or similar object-oriented language experience
  • Strong knowledge of object-oriented concepts, n-tier applications, and follow SOLID principles
  • Knowledge of relational databases with bonus points for experience with Oracle
  • Hands on experience with server-side programming ideally with Java/JEE or C++, message-oriented systems, RESTful web services, and microservices
  • Experience with configuration and deployment on application servers ideally JBoss
  • Knowledge of financial instruments is a plus otherwise you have a desire to learn about and understand financial instruments and concepts
Responsibilities
  • Work with business stakeholders to develop back-end services and algorithms for a new feature along with a web-based management UI
  • Optimize, improve, and support existing algorithms and systems to reach the goal of highly automated robust systems with full test coverage requiring minimal operational oversight
  • Create independent automated risk controls and checks to ensure that systems are performing as expected and catch potential errors as soon as possible
  • Develop message-oriented systems, batch processing applications, and web application-based management consoles

Interactive Brokers provides an online trading platform that serves individual traders, investors, and financial advisors. It offers direct access to a variety of financial instruments, including stocks, options, futures, currencies, bonds, and funds, across over 135 markets in 33 countries. The platform is designed to be cost-effective, with low commissions and financing rates, allowing clients to trade affordably. A key feature is their commitment to best execution, ensuring clients receive the best possible prices for their trades. Additionally, Interactive Brokers allows clients to purchase fractional shares, making high-value stocks more accessible, and offers the IMPACT app, which helps users invest according to their personal values. The company's goal is to provide a comprehensive trading experience that combines low costs, advanced technology, and a wide range of investment options for a global clientele.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Greenwich, Connecticut

Founded

1977

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration of AI-driven algorithms enhances decision-making and attracts tech-savvy traders.
  • Expansion into DeFi platforms opens new revenue streams and attracts younger demographics.
  • Educational resources on cryptocurrency trading position IBKR as a crypto market leader.

What critics are saying

  • Increased competition from zero-commission platforms like Robinhood could erode market share.
  • Cryptocurrency market volatility exposes IBKR to financial risk and regulatory scrutiny.
  • Reliance on advanced technology makes IBKR vulnerable to technical failures and cyber-attacks.

What makes Interactive Brokers unique

  • Interactive Brokers offers low commissions and financing rates, making trading affordable.
  • The platform provides access to over 160 markets in 33 countries, enhancing global reach.
  • Innovative features like fractional shares and the IMPACT app cater to diverse investor needs.

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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

Company News

Finance Magnates
Mar 26th, 2025
Interactive Brokers Brings Solana, Cardano, XRP, and Dogecoin to Trading Platform

Interactive Brokers added four new cryptocurrencies to its trading platform: Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE).

ETF Daily News
Mar 15th, 2025
Interactive Brokers Group, Inc. (NASDAQ:IBKR) Stake Trimmed by Assetmark Inc.

Finally, Fidelis Capital Partners LLC acquired a new stake in Interactive Brokers Group in the 4th quarter valued at $215,000.

FF News
Mar 11th, 2025
Interactive Brokers Expands Global Reach With Ljubljana Stock Exchange Access

Interactive Brokers, an automated global electronic broker, announced today that it has expanded its market offerings by adding access to the Ljubljana Stock Exchange. With this expansion, clients can trade Slovenian equities alongside products from over 160 other global exchanges, including stocks, options, futures, currencies, bonds, funds, and more, from a single unified platform.Enhancing Market Access for Global InvestorsInteractive Brokers provides access to over 160 markets across the Americas, Europe, and Asia, and adding the Ljubljana Stock Exchange further broadens the investment opportunities for our active traders and institutional investors. Clients can now include Slovenian stocks as part of their portfolio diversification strategies, complementing their European and global investments.“Interactive Brokers continues to expand its market coverage to meet the needs of global investors,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “Adding access to the Ljubljana Stock Exchange allows our clients to explore investment opportunities in Central Europe and further diversify their portfolios with a seamless trading experience.”Competitive Pricing and Advanced Trading TechnologyAs with all Interactive Brokers’ offerings, clients will benefit from:Professional pricing with low commissions, low margin rates, and high interest paid.Global market access to stocks, options, futures, currencies, bonds, funds, and more, from a single unified platform.Powerful trading platforms across web, mobile, and desktop.Interactive Brokers serves clients in over 200 countries and territories, and supports account funding and trading in up to 28 currencies while providing access to real-time market data, news risk management tools, and institutional-grade research

The Finance Data
Mar 8th, 2025
Interactive Brokers Appoints Lori Conkling to Board of Directors

Interactive Brokers (Nasdaq: IBKR), a leading automated global electronic brokerage firm, has officially announced the nomination of Lori Conkling as an independent director of the company.

Liquidity24
Mar 6th, 2025
IBKR Desktop Update: Multi-Monitor Support, New Screeners, and More

Interactive Brokers has launched IBKR Desktop version 0.13 (beta) with several improvements.

INACTIVE