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22 hrs ago

Financial Control Associate – new

Interactive Brokers LLC Greenwich, CT

• Reconcile General Ledger control accounts for stocks, bonds, derivatives, dividends, corporate actions, and securities lending • Investigate all… Monster

5 days ago

Internal Auditor - Abandoned Property

Interactive Brokers LLC Greenwich, CT

The Internal Audit/Abandoned Property position will primarily be responsible for ensure the firms compliance with unclaimed property reporting laws… Monster

5 days ago

Senior Accountant

Interactive Brokers Group LLC Greenwich, CT

Daily accounting of the proprietary trading business segment Interaction with clearing departments in Greenwich, Switzerland and Hong… Monster

5 days ago

Senior Accountant Consolidation, Corporate Accounting and Financial Reporting

Interactive Brokers LLC Greenwich, CT

Position Title: Senior Accountant Consolidation, Corporate Accounting and Financial Reporting Reports to: Accounting Manager - Consolidation… Monster

5 days ago

Futures and Derivatives Compliance Officer

Interactive Brokers LLC Greenwich, CT

Interactive Brokers LLC is the fastest growing online broker in the U.S. and serves an increasingly large institutional and sophisticated individual… Monster

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Interactive Brokers Reviews

44 Reviews
44 Reviews
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Interactive Brokers Chairman, President, and CEO Thomas Peterffy
Thomas Peterffy
32 Ratings

    A Meritocracy for Programmers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Programmer/Business Analyst  in  Greenwich, CT
    Current Employee - Programmer/Business Analyst in Greenwich, CT

    I have been working at Interactive Brokers full-time for more than a year


    I've been at "IB" for roughly two years after a rather tortuous journey at several large banks. There are basically two primary businesses at IB : 1. The market maker (electronic trading) and 2. The automated brokerage. I work for the latter. Probably the greatest feature (as a programmer) working for this company is that management, and management's management, are all programmers. As a result, the intricacies and difficulties of writing good code are understood by higher-ups and rewarded. For example, you will never have to waste your time explaining to a panel of bureaucrats the differences between Java and Excel at IB.
          In terms of "culture", IB is certainly a for-profit business and as a result, management does expect their employees to contribute to the business while at work. It is generally frowned upon to shop for clothes or view Facebook during the day, although I must admit that we do (gasp) discuss non-work related topics along with taking the occasional afternoon stroll down Greenwich Ave. without the least fear of managerial reprisals. At IB, There is not much emphasis on team-building field trips or pinball-matchine break rooms like some companies have, although this is not what I personally look for in an employer, especially not when the economy sours. My impression is that IB's philosophy is to reward their employees with higher salaries and bonuses, rather than the aforementioned corporate perks.
          In contrast to some of the criticisms I have read below about management being intransigent, I have found new business ideas and technology to be readily embraced here... HOWEVER, be ready to make a business case for them. The utter absence of bureaucracy means decisions are made based on risk and potential profit, i.e. rationally.


    There are a multitude of very smart people at this company, with a wide variety of different skills and knowledge. I think that it would be beneficial to have monthly presentations on different aspects of the business or different technologies people are using. Nothing like this is ever discouraged, it's just that no one is particularly proactive about it. We are a bunch of computer nerds so we like this stuff (or at least I do).

    Advice to ManagementAdvice

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    Neutral Outlook
    Approves of CEO