Soft Dollar Commission Program

Interactive Brokers' Soft Dollar Commission Program gives hedge and mutual funds and Professional Advisors the flexibility to offset the costs of purchasing approved research products and services using soft dollars.

Soft dollars are brokerage commissions that are used to purchase those research products and services that support your business. As defined under the Securities Exchange Act of 1934 section 28(e), a predetermined portion of commission dollars can be used to pay research-related costs. Expenses are paid on the client's behalf to vendors who can provide a wide range of information services, such as fundamental, technical and/or quantitative analysis; portfolio management and valuation including asset allocation; economic forecasting; and news and quotes.

IB's Soft Dollars Commission Program offers the following benefits:

• Completely automated with online access for simple administration.
• Online account management lets you view your soft dollar balances and invoices, and request disbursements at any time.
• Vendor agreements are sent to Interactive Brokers for review and approval.