Interactive Brokers UK (“IBUK”) is a rapidly growing direct-access electronic trade execution and clearing broker for active traders, institutional investors, financial advisors and introducing brokers. It is increasing its client base, introducing new products and connecting to new markets. The firm is authorized and regulated by the FCA.
IBUK is a subsidiary of the large international financial services group, Interactive Brokers Group, Inc.(NASDAQ: IBLR), based in Greenwich, Connecticut USA. The Group employs over 1,000 people worldwide and provides electronic brokerage services to more than 450,000 customers in trading securities, commodities and foreign exchange in 23 currencies on 100+ market centers across 26 countries around the world. By building and operating highly automated systems in all aspects of its business the Group seeks to deliver these services at the lowest possible cost to its clients.
The key objective of this role is to assist the Compliance Officer in order:
- To ensure adherence to market conduct (MAR and related ESMA regulations) to reduce the risk of IBUK being used for the purposes of market related financial crime;
- To ensure that IBUK complies with its best execution obligations;
- To ensure that EEA market rules (e.g. position reporting) are implemented.