Why does Cable Car recommend Interactive Brokers?

Cable Car does not receive any compensation for referring clients to Interactive Brokers and selected the firm following a review of the security, costs, market access, and trading platforms of competing brokerage firms. Please see Item 12 of the Form ADV brochure for more information.

Cable Car believes that Interactive Brokers offers the lowest cost managed accounts for clients on an overall basis, taking into consideration market access, trade commissions, financing costs, and other expenses. Interactive Brokers does not provide access to every potentially desirable product (support for convertible bonds is notably absent), but it does enable direct market access on a broad set of exchanges around the world at a much lower cost than many alternatives.

Posted in: Managed accounts