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Getting Started: IB Investment Manager -
Allocation Fund Account

This Getting Started guide provides a comprehensive collection of the tasks you will want to complete as a new IB Investment Manager of a Hedge and Mutual Fund Account - Allocation Fund Account. The guide assumes that you are the investment manager.

As an IB Investment Manager of an Allocation Fund Account, you manage a single Allocation Hedge or Mutual Fund account for trade executions that allows for end of day give-up of trades to accounts at third-party prime brokers. An Allocation Fund Account functions like an IB non-cleared account; there is no money in the account, and IB provides execution services only. This means that you trade in TWS, then give up trades to third-party brokers using the post-trade allocations feature in Account Management. In an Allocation Fund account, a credit line is applied during the settlement period until trade settlement is locked. Only clients with more than $30 million in Net Assets Under Management will be considered for this service configuration and you must first apply for a credit line with an IB Sales person.

Please note that this guide is designed as a reference for new users, and comprises a very small subset of the information and trading features available to you through IB and the TWS.

Must Consider:

• Understand how to Log in to Account Management.
• Activate your Secure Login System security device.
• Understand the process and timing of account funding.
• Configure permissions:
• Trade:
• Configure Trading Permissions
• Subscribe to Market Data
• Log in to TWS
• Add Market Data Lines
• Use Post-Trade Allocations
• Familiarize yourself with activity statements and other features of our reporting system.

May Want to Consider:

• Add Users to the Account
• Open a Paper Trading Account
• Investors' Marketplace