Soft Dollar Commission Program
Soft Dollars
Under Section 28(e) of the Securities Exchange Act of 1934, a portion of commission fees may be designated to cover research-related expenses incurred by advisors and fund managers. Eligible clients can choose to add extra amounts to their Interactive Brokers commissions, creating a pool of funds known as Soft Dollars. These Soft Dollars can then be used to pay for market data and research services.
Commission Program
Enables hedge funds, mutual funds, and professional advisors to utilize soft dollars to offset expenses related to approved research products and services.
Under Section 28(e) of the Securities Exchange Act of 1934, a portion of commission fees may be designated to cover research-related expenses incurred by advisors and fund managers. Eligible clients can choose to add extra amounts to their Interactive Brokers commissions, creating a pool of funds known as Soft Dollars. These Soft Dollars can then be used to pay for market data and research services.
Expenses
Clients can then pay allowed expenses for market data and research subscriptions to external vendors. Allowed categories of expenses include:
Under Section 28(e) of the Securities Exchange Act of 1934, a portion of commission fees may be designated to cover research-related expenses incurred by advisors and fund managers. Eligible clients can choose to add extra amounts to their Interactive Brokers commissions, creating a pool of funds known as Soft Dollars. These Soft Dollars can then be used to pay for market data and research services.
Expenses
Clients can then pay allowed expenses for market data and research subscriptions to external vendors. Allowed categories of expenses include:
Fundamental, Technical and/or Quantitative Analysis
Portfolio Management
Valuation and Asset Allocation Services
Economic Forecasting.