Helps Compliance Officers Monitor Employee Trading Risks

Transparent, Integrated and Auditable Views of Employee Trading Activity

Interactive Brokers' EmployeeTrack helps compliance officers improve their employee trading compliance programs by providing a transparent, integrated and auditable view of employee trading activity across regulatory regimes, markets, products, and trading venues. Management reports provide employee-specific or aggregate summaries of activity and compliance teams can perform ad-hoc queries by symbol, volume, or changes in account equity. EmployeeTrack offers turnkey integration with the Interactive Brokers trading platform, and API integration with any other vendor.

Compliance Officers use EmployeeTrackSM to:
  • Manage the pre-trade compliance process for employees using Interactive Brokers for trading.
    • Apply trade-related rules and restrictions to an account, user or an entire account family. Once applied to an account family, all future users inherit the trading restrictions.
    • Limit employee access to trading specific symbols, positions, products, or security types during defined timeframes.
  • Deploy a common risk management tool covering 125 markets in 31 countries and 23 currencies:
    • EmployeeTrackSM supports multiple regulatory regimes and major regulations such as the Foreign Account Tax Compliance Act (FATCA) in the U.S. and Markets in Financial Instruments Directive II (MiFID II) across the EU.
    • Language support for English, French, Spanish, German, Italian, Simplified and Traditional Chinese and Japanese.
    • Turnkey integration with employee accounts using the Interactive Brokers trading platform. Straightforward integration with other trading platforms and flexible batch uploading of account information.
    • Audit trail functionality brings transparency to account changes, documentation and exception handling.
  • Consolidate monitoring of risks within your existing system with our direct file feed, which includes data from firms such as TD Ameritrade, Fidelity, and J.P. Morgan.
  • Access to EmployeeTrackSM is complimentary.

Your Employees Can Access Markets at Low Costs to Maximize Returns1

Employees who open or transfer accounts to the Interactive Brokers trading platform benefit from:
  • Lower commissions and no ticket charges, minimums, or technology, software, platform or reporting fees.
  • Low U.S. margin interest rates ranging from 0.75% to 1.75%.2
  • The industry's best price execution3 because of IB SmartRoutingTM, which searches for the best firm stock, option, and combination prices available at the time of order and seeks immediate execution of the order.
  • A Stock Yield Enhancement Program, which pays interest each day you allow IB to borrow your shares in exchange for cash collateral and lend the shares to traders willing to pay interest to borrow them.
  • Access to 125 markets in 31 countries and 23 currencies.

Employees also gain access to sophisticated market-maker designed technology, multiple desktop and mobile trading platforms, advanced trading tools, 60+ order types and algos, and flexible API solutions.

EmployeeTrackSM Structure

EmployeeTrackSM provides a simple, cost-effective solution for organizations such as exchanges, hedge funds, mutual funds, brokers, banks, insurance companies, law firms, accounting firms and consulting firms who are required to monitor their employees' trading activity.

Compliance Officers can appoint one or more compliance employees to administer employee accounts any time after the application is complete. These compliance employees can access multiple individual, joint, trust and IRA employee accounts for the purpose of monitoring trading activity.

Note: Once you sign up for EmployeeTrackSM, you will no longer receive employee statements by email.

Accounts are accepted from citizens or residents of all countries except citizens or residents of countries sanctioned by the U.S. Treasury's Office of Foreign Asset Control, including the Balkans, Belarus, Burma, Cote D'Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe.

EmployeeTrack Structure

Start using EmployeeTrackSM today.

Open an Account

We recommend that a senior member of your firm's compliance group complete this account application. After account approval, you will be able to link your firm's employees who have IB accounts, and invite those employees who do not have IB accounts to complete Individual Account Applications. The compliance officer name and contact information indicated in your application will be provided to your employees for any follow-up questions.

Onboarding Support and Documentation

Onboarding Support

Interactive Brokers onboarding support includes assistance with bulk uploading of employee accounts, documentation, permissioning, and employee communications. Please contact your Interactive Brokers representative to learn about additional Onboarding Support capabilities.

For information on SIPC coverage on your account, visit www.sipc.org or call SIPC at 1 (202) 371-8300.

Margin borrowing is only for sophisticated investors with high risk tolerance.
You may lose more than your initial investment.
  1. Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment will be profitable.
  2. Annual Percentage Rate (APR) on USD margin loan balances for IBKR Pro as of 3/18/20. Interactive Brokers calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. For additional information on margin loan rates, see ibkr.co.uk/interest.
  3. Based on independent measurements, the IHS Markit, a third-party provider of transaction analysis, has determined that Interactive Brokers' US stock price executions were significantly better than the industry's during the second half of 2019.