Interactive Brokers' EmployeeTrack helps compliance officers improve their employee trading compliance programs by providing a transparent, integrated and auditable view of employee trading activity across regulatory regimes, markets, products, and trading venues. Management reports provide employee-specific or aggregate summaries of activity and compliance teams can perform ad-hoc queries by symbol, volume, or changes in account equity. EmployeeTrack offers turnkey integration with the Interactive Brokers trading platform, and API integration with any other vendor.
EmployeeTrackSM provides a simple, cost-effective solution for organizations such as exchanges, hedge funds, mutual funds, brokers, banks, insurance companies, law firms, accounting firms and consulting firms who are required to monitor their employees' trading activity.
Compliance Officers can appoint one or more compliance employees to administer employee accounts any time after the application is complete. These compliance employees can access multiple individual, joint, trust and IRA employee accounts for the purpose of monitoring trading activity.
Note: Once you sign up for EmployeeTrackSM, you will no longer receive employee statements by email.
Accounts are accepted from citizens or residents of all countries except citizens or residents of countries sanctioned by the U.S. Treasury's Office of Foreign Asset Control, including the Balkans, Belarus, Burma, Cote D'Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe.
We recommend that a senior member of your firm's compliance group complete this account application. After account approval, you will be able to link your firm's employees who have IBKR accounts, and invite those employees who do not have IBKR accounts to complete Individual Account Applications. The compliance officer name and contact information indicated in your application will be provided to your employees for any follow-up questions.
Onboarding Support
Interactive Brokers onboarding support includes assistance with bulk uploading of employee accounts, documentation, permissioning, and employee communications. Please contact your Interactive Brokers representative to learn about additional Onboarding Support capabilities.
For information on SIPC coverage on your account, visit www.sipc.org or call SIPC at 1 (202) 371-8300.