A Visit to Interactive Brokers in Australia - Office Found

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flagAustralia2023-12-20
A Visit to Interactive Brokers in Australia - Office Found
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A Visit to Interactive Brokers in Australia - Office Found
A Visit to Interactive Brokers in Australia - Office Found
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A Visit to Interactive Brokers in Australia - Office Found
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A Visit to Interactive Brokers in Australia - Office Found
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A Visit to Interactive Brokers in Australia - Office Found
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locationgoogleMap
68 Market Street, Sydney, New South Wales, Australia

Reason for this visit

Australian stock market is a diversified financial market covering stock trading, bond issuance, fund management, and more. The stock market in Australia has experienced rapid development and attracted a large number of investors and traders. In terms of regulation, Australian stock market is relatively well-regulated and is primarily overseen by the Australian Securities and Investments Commission (ASIC). ASIC is an independent federal government agency responsible for regulating the financial industry, including the stock trading market. Its main responsibilities are to ensure market fairness, transparency, and integrity, protect investor interests, and prevent market manipulation and fraudulent activities. Additionally, Australian stock market has other regulatory bodies and mechanisms, such as self-regulatory organizations of exchanges, working together to maintain market stability and healthy development. Currently, there are numerous stock brokers in Australia, with some large brokers having a significant market share and a substantial customer base. These brokers provide various trading platforms and software to facilitate stock trading for investors. Furthermore, some brokers offer financing services to help investors expand their investment scale. Overall, the regulatory system of Australian stock market is relatively sound, with strong regulatory measures in place to effectively protect investor interests and maintain market fairness, transparency, and integrity. To provide investors with a more comprehensive understanding of the current situation of brokers in Australia, WikiFX survey team decides to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Australia to visit broker Interactive Brokers as planned according to its regulatory address that Level 11, 175 Pitt Street, Sydney, New South Wales 2000, Australia.

The investigators arrived at 175 Pitt Street in Sydney, the capital of NSW, Australia on December 5, 2023. An upscale office building is located in the commercial and financial center of Sydney, boasting a fabulous place. There are a various range of luxury outlets at the prosperous street.

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After accessing the building, the survey personnel spotted a reception area and a digital directory in the lobby. From the directory, it can be seen that Interactive Brokers is situated on the 11th floor.

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And then the investigation team reached the 11th floor of the building by lift, and clearly saw the company name and logo of Interactive Brokers at the door of its office equipped with access control system. Through the glass door, it could be seen that there were approximately 25 desks and 7 independent rooms in the office with a clean and tidy working environment.

Through an on-side investigation, it is confirmed that Interactive Broker has a physical presence at the location.

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3.jpgConclusion

The survey team went to Australia to visit broker Interactive Broker as scheduled, and found the companys name at its regulatory address. This suggests that the broker truly has a physical business office at the place. Meanwhile, investors are advised to make an informed decision following an overall consideration.

Disclaimer

The content is used for informational purpose only, and shall not be taken as a final order for making a choice.


IBKR
Regulated
Website:https://www.interactivebrokers.com/en/home.php
More than 20 year(s)Regulated in United KingdomOptionsCustody assets$115.1B0 Commission
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    IBKR
  • Country/ Region of Registry :
    United States
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