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Use Soft Dollars

Interactive Brokers offers Investment Managers of Multiple Fund accounts 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 research products and services from vendors. For example, suppose that mutual fund XYZ wants to buy research from the ABC brokerage firm. XYZ offers to pay for the research by agreeing to spend at least $10,000 in commissions for brokerage services in exchange for the research. This would be a soft dollar payment.

If you have set up and are using soft dollars, your activity statements will show all of your soft dollar payments in the Soft Payments section of your statement. You can also choose to include or omit the Soft Payments section from activity statements when you create customized activity statement templates and Activity Flex queries.

This section includes the following topics:

• Soft Dollar Tiers
• Soft Dollars Disbursement