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Interactive Brokers Adds IEX as an Electronic Trading Venue

IBKR

Interactive Brokers Group, Inc. (NASDAQ GS:IBKR) is the first online broker to offer direct access to IEX to its investors, traders and institutions. IEX is an ATS designed to focus on investor protection and performance.

Interactive Brokers’ (IB) sophisticated customer base may now choose to send their US stock orders to IEX directly. Customers also have the choice of using IB SmartRoutingSM technology. IB SmartRouting searches for the best firm stock, option and combination prices available at the time of the order, and seeks to immediately execute the order electronically.

Steve Sanders, executive vice president of marketing and product development at Interactive Brokers, said “Customer interest in IEX as a result of recent media exposure is apparent. We determined that it makes sense to connect directly to this new trading venue, thereby providing our customers with another market center destination.”

For 37 years, the IB Group1 has been building electronic access trading technology that delivers real advantages to traders, investors and institutions worldwide. Interactive Brokers is the largest US electronic broker based on daily average revenue trades executing 583,000 trades per day2.

Based on independent measurements, the Transaction Auditing Group, Inc. (TAG), a third-party provider of transaction analysis, has determined that Interactive Brokers’ US stock and options price executions were significantly better than the industry3 during the second half of 2013. The IB price advantage is better than the industry by $0.23 per 100 shares of US stock and $0.20 per US option contract.

For more information about Interactive Brokers please visit interactivebrokers.com.

About Interactive Brokers Group, Inc.: Interactive Brokers Group, Inc., together with its subsidiaries, is an automated global electronic broker that specializes in catering to financial professionals by offering state-of-the-art trading technology, superior execution capabilities, worldwide electronic access, and sophisticated risk management tools at exceptionally low costs. The brokerage trading platform utilizes the same innovative technology as the Company's market making business, which specializes in routing orders and executing and processing trades in securities, futures, foreign exchange instruments, bonds and funds on more than 100 electronic exchanges and trading venues around the world. As a market maker, we provide liquidity at these marketplaces and, as a broker, we provide professional traders and investors with electronic access to stocks, options, futures, forex, bonds and mutual funds from a single IB Universal Account. Employing proprietary software on a global communications network, Interactive Brokers is continuously integrating its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.

About IEX: Dedicated to institutionalizing fairness in the markets, IEX will provide a more balanced marketplace via simplified market structure design and cutting-edge technology. IEX offers a fair-access platform to any qualified broker dealer. IEX is driven by a team of cross-industry experts with backgrounds spanning market venues, electronic trading, and broker-dealers. IEX is the first equity trading venue owned exclusively by a consortium of buy-side investors, including mutual funds, hedge funds, and family offices. www.iextrading.com

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1 Includes Interactive Brokers Group and predecessor companies.

2 March 2014 results.

3 The Transaction Auditing Group (TAG). Industry as a whole for the referenced periods according to TAG. The TAG analysis for US stocks included all market orders of 100 shares or more up to 10,000 shares. The analysis for US options included all market order sizes in US options and includes exchange rebates received by customers under IB's cost-plus pricing structure. The TAG analysis of orders routed to exchanges in Europe included all orders routed for execution during regular trading hours including all market and marketable limit orders and orders near the market (orders having a limit price within one-tenth of a Euro from the quote price at time of order receipt) on stocks listed on the included exchanges, weighted by the volume executed on each exchange. The exchanges for European stocks are XETRA, EURONEXT, CHI-X, WIENER BORSE, TURQUOISE, LONDON and NASDAQ OMX.