InteractiveBrokers and TimberHill

February 10th, 2013, 02:14 AM

Hi people,

If you notice, IB is actually related to TimberHill, which is (correct me if I am wrong) a market maker, prop trading division.

Once I read about this, my first reaction is how safe my money with IB is. I meant if they have prop desk, then will there be a chance of MFGlobal type problems with IB ?

February 10th, 2013, 03:39 AM

Hi @ssg10

This issue was discussed over a long period in different forums.
Timber Hill was founded 1982 and integrated in IB LLC group 2001.

To find some detailed answers of how trading is organized - see this page here:

https://www.interactivebrokers.com/en/?f=%2Fen%2Fgeneral%2Feducation%2Ffaqs%2FtimberhillAutoExeService.php

So I can not see a negative impact on IB trading clients.

GFIs1

InteractiveBrokers and TimberHill

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InteractiveBrokers and TimberHill