Interactive Brokers
LeaveRussia detail: Suspension
Interactive Brokers LLC is an American multinational brokerage firm operating the largest electronic trading platform in the United States
Business in Russia
The U.S. and other governments have specifically sanctioned certain Russian companies that issue securities, meaning these securities cannot be traded or transferred. In addition, the U.S. has prohibited the purchase of new and existing debt and equity securities issued by all Russian companies. As a result, trading in all Russian securities has been either fully or partially restricted. A new federal law in Russia prohibits Russian issuers from having their shares traded outside Russia via American Depositary Receipts (ADR) or Global Depositary Receipts (GDR). In addition, some Russian ADRs/GDRs are subject to U.S. sanctions. American brokerage company Interactive Brokers has agreed to pay more than $11.8 million to settle claims by the US Treasury Department's Office of Foreign Assets Control (OFAC). According to the department, the company violated the provisions of various sanctions programs for more than seven years. In 2022, Interactive Brokers carried out more than 250 transactions to accounts opened at Russian banks under sanctions.
Decision trail
Decision date 07/11/2024 · Reference ↗
Ongoing operations but limited purchasing of securities of any Russian company. This means that clients cannot open new positions in Russian securities, including their derivatives. Clients may hold their existing positions in non-sanctioned Russian securities or sell their positions. As of June 6, 2022, clients cannot open new positions (long or short) in non-sanctioned Russian securities. However, they may sell or hold their positions in non-sanctioned Russian securities. On November 7, 2024, it became known that IB was notifying Russian clients with residence permits in EU countries that their accounts would be closed within 30 days. In its letters, the broker explained this by “internal policy”. Law firm FTL Advisers linked this decision by IB to the expansion of the US sanctions list on October 30, 2024.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — suspended · Imported from KSE LeaveRussia
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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