Direct Market Access
Electronic access to stocks, options, futures, forex, bonds and funds on over 80 market destinations in 17 countries held and reported in a single IB Universal AccountSM.
Trade assets denominated in multiple currencies from a single account.
Convert currencies at market determined rates as low as 1/2 PIP wide, or create a position collateralized by a non-native currency.
IB OMS supports a simplified workflow with straight-through processing.

Risk Analysis
Real-time calculation of option greeks and risk position at varying levels of detail, from the Portfolio level down to the position level.
P&L plots projected over +/-30% of the underlying price.
Value at risk calculations.
Options pricing model with dynamic volatility skew integrates seamlessly with our sophisticated options trading tools.

Order Management
TWS Blotter window is integrated with our specialized trading tools, including the Level II market-making ISW, the Accumulate/Distribute and ScaleTrader algo windows and more.
Brokers and traders manage their complete order deck from the single Blotter view.
Receive electronic FIX-routed orders, and have orders below a user-defined size auto-routed for best execution.
Support for Agency, Proprietary and Market-Making businesses.
Real-time progress meter represents the fraction of the ticket size that routed, executed, still left, working, and not working.
Create tickets and orders from any of IB's trading tools, via the Order template, or manually from the Blotter window.
Support for trades done "away" from IB, including trade capture and reporting to the client.

Portfolio Management and Order History
Real-time display of account balances, positions, realized and unrealized P&L, and overnight and day trading margin and buying power.
Daily import of positions that are cleared away.
Multi-day order and trade history including access to IB's complete audit trail.

Post-Trade Support
Intuitive web-based Post Trade Allocation application.
Customizable templates allow easy allocation of block trades to sub accounts by user-definable percentages.
Allocate to IB-cleared accounts as well as to cleared away brokers and accounts.

Compliance
Entitlements control the venues and asset types that can be accessed by a given user.
Entitlements control order size and value limits for a given user.
Unique real-time credit management system enforces credit limits and performs pre-trade order credit vetting.
Short sale compliance is ensured by an integrated inventory management system for shares located and available for lending based on IB's extensive available list, or the client's available list if they clear away.
Automatic override for open/close and sell/sell short, based on IB's running position with the possible inclusion of overnight positions that may be cleared away.
End-of-day audit trail report.

Integration with Other Systems
Tickets can be staged via the FIX protocol.
FIX drop copies provided for Front, Middle, Back Office and third party applications.
Prime Services:
Give-up business: Intra-day FIX drop copy and end-of-day file delivery to clearing brokers and third parties.
Take-up business: Overnight file import from clearing brokers.