GREENWICH, Conn.--(BUSINESS WIRE)--In response to the unprecedented needs brought about by the COVID-19 pandemic, Interactive Brokers Group, Inc. (Nasdaq: IBKR), has committed $5 million to assist efforts to provide food and support for people hurt by the coronavirus in the United States as well as to advance medical solutions.
IBKR’s commitment of $5 million will:
- Provide financial grants to local and national organizations to help meet the greatest needs of our communities and to support the front-line organizations working to treat and contain COVID-19.
- Contribute to the effort to accelerate and evaluate new and existing drugs for prevention and treatment of COVID-19.
“We are fortunate to be in a position to operate our business continuously, through remote access for our employees worldwide and our automated systems,” said Milan Galik, President and Chief Executive Officer of Interactive Brokers. “We hope to assist those in the greatest need during this trying time.”
About Interactive Brokers Group, Inc.:
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 125 markets in numerous countries and currencies, from a single IBKR Integrated Investment Account to clients worldwide. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Barron’s ranked Interactive Brokers #1 with 5 out of 5 stars in its February 24, 2020, Best Online Broker Review.