Whenever you are outlaying any form of capital, you want to ensure that the person or institution you are paying will be around, well and truly after the transaction has been completed, and for many years to come.
This can provide you with the comfort you desire.
The last thing a person wants to feel is insecure, especially when handing large quantities of hard-earned money to invest in a product or company.
So, what features should you look in a broker for when wanting to acquire stocks in a publicly company such as those on the stock market, no matter their location around the world?
Firstly, you want to check that your broker has a strong capital position, meaning it can handle the transaction and the order execution. You wouldn’t want to place your money into a broker account that can’t guarantee your funds will be safe, or that the order will be completed as per your wish.
Holding over $10billion in capital gives Interactive Brokers a distinct advantage, as they are one of the biggest handlers of equity and capital worldwide. And also having $7.1b in excess regulatory capital means you can rest assured the company won’t be going anywhere, any time soon.
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Seeing if the broker is also listed on the stock market exchange can provide extra confidence, as many regulatory hurdles have had to be jumped through, just to list. In the case of Interactive Brokers (NYSE:IBKR), the company is listed on the Nasdaq.
If a company listed on a stock exchange, and operating around the world, it also means that anywhere there is an outlet, they have to be regulated and comply with that jurisdiction’s terms and conditions.
Knowing there are 1.7million clients all over the world who use the Interactive Brokers service also instills confidence, that the financial management company will be around, not only after your stock order is executed, but also after it is sold (hopefully a long time down the track).
Performing around 2.5m daily average revenue trades (or DARTs) also gives assurances that you are not the only person to rely on Interactive Brokers for their services.
A plane arrives in China. On board, one of the world’s richest men. He’s come to convince authorities that he should be allowed to set up a brand new factory.
He is Elon Musk.
And this is his first trip to China in three years.
Staff at warehousing giant Amazon have walked off the job to protest the company’s return-to-office program
Over 1,900 Amazon employees pledged to protest globally over proposed changes to the company’s climate policy, layoffs and a return-to-office mandate.
The activist group behind the rally is known as Amazon Employees for Climate Justice (AECJ), who are seeking a greater voice for employees.
“Our goal is to change Amazon’s cost/benefit analysis on making harmful, unilateral decisions that are having an outsized impact on people of color, women, LGBTQ people, people with disabilities, and other vulnerable people,” organisers said.
Over 100 people gathered at the heart of Amazon’s Seattle headquarters on Wednesday. The company said it had not witnessed any other demonstrations.
AECJ said the walkout comes after Amazon made moves “in the wrong direction”.
The company recently has recently overturned a desire to make all Amazon shipments net zero for carbon emissions by 2030.
The company maintains a pledge on climate change.
Amazon spokesperson Brad Glasser told Reuters the company is pursuing a strategy to cut carbon emissions.
“For companies like ours who consume a lot of power, and have very substantial transportation, packaging, and physical building assets, it’ll take time to accomplish.”
AECJ protesters also sought support for the 27,000 staff, who had lost their jobs in recent months —around 9 per cent of Amazon’s global workforce.
The company has also mandated a return-to-office program.
As employees recover from the height of the pandemic, the Great Resignation has come to light
The pandemic saw the term ‘the great resignation’ coined as thousands of people resigned from their jobs across the U.S. in 2021 and 2022.
Karin Reed, the author of ‘Suddenly Hybrid said the great resignation was a period of employees taking control of their future.
“A lot of people realised in their current environment they were not happy with what they were doing with their job. They chose to vote with their feet and go elsewhere,
In other parts of the world, a spike in resignations was not reported.
However, a higher degree of workers began reporting post-Covid burnout, as they made a return to the office.
“There’s been a blurring of the lines. You have work that’s not confined by a physical space.
“Instead of closing the computer and walk away, our computer is in the next room.”