Statement,Header,Field Name,Field Value
Statement,Data,BrokerName,Interactive Brokers
Statement,Data,BrokerAddress,
Statement,Data,Title,Activity Statement
Statement,Data,Period,"January 1, 2020 - December 31, 2020"
Statement,Data,WhenGenerated,"2021-02-21, 12:35:37 EST"
Account Information,Header,Field Name,Field Value
Account Information,Data,Name,Juan
Account Information,Data,Account Alias,Cuenta Juan
Account Information,Data,Account,U2222222
Account Information,Data,Accounts Included,"U2222222, U2222222F"
Account Information,Data,Account Type,Individual
Account Information,Data,Customer Type,Individual
Account Information,Data,Account Capabilities,Margin
Account Information,Data,Base Currency,EUR
Open Positions,Header,DataDiscriminator,Asset Category,Currency,Symbol,Quantity,Mult,Cost Price,Cost Basis,Close Price,Value,Unrealized P/L,Unrealized P/L %,Code
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,CAD,TORO,1000,1,0.794235,794.235,0.83,830,35.765,4.50,
Open Positions,Total,,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,CAD,,,,,794.235,,830,35.765,,
Open Positions,Total,,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,EUR,,,,,510.5819121,,533.5738,22.9918879,,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,GBP,BATS,78,1,27.258682962,2126.177271,27.08,2112.24,-13.937271,-0.66,
Open Positions,Total,,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,GBP,,,,,2126.177271,,2112.24,-13.937271,,
Open Positions,Total,,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,EUR,,,,,2378.554513068,,2362.962888,-15.591625068,,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,ABBV,32,1,73.868497281,2363.791913,107.15,3428.8,1065.008087,45.06,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,BABA,7,1,257.844330571,1804.910314,232.73,1629.11,-175.800314,-9.74,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,BEP,75,1,20.669299973,1550.197498,43.15,3236.25,1686.052502,108.76,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,BIP,30,1,34.572305233,1037.169157,49.4,1482,444.830843,42.89,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,BPY,190,1,17.261239179,3279.635444,14.47,2749.3,-530.335444,-16.17,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,CIH,500,1,2.04070257,1020.351285,1.97,985,-35.351285,-3.46,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,ENB,120,1,33.539207242,4024.704869,31.99,3838.8,-185.904869,-4.62,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,GATO,310,1,6.930073871,2148.3229,13.03,4039.3,1890.9771,88.02,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,MMM,15,1,165.6276418,2484.414627,174.79,2621.85,137.435373,5.53,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,MO,140,1,42.338754107,5927.425575,41,5740,-187.425575,-3.16,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,SPG,19,1,121.514418737,2308.773956,85.28,1620.32,-688.453956,-29.82,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,T,200,1,28.63726065,5727.45213,28.76,5752,24.54787,0.43,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,TLRY,50,1,4.9871792,249.35896,8.26,413,163.64104,65.62,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,USO,12,1,26.825522,321.906264,33.01,396.12,74.213736,23.05,
Open Positions,Data,Summary,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,XOM,100,1,63.90796007,6390.796007,41.22,4122,-2268.796007,-35.50,
Open Positions,Total,,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,,,,,40639.210899,,42053.85,1414.639101,,
Open Positions,Total,,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,EUR,,,,,33268.477218248,,34426.5432255,1158.066007252,,
Open Positions,Total,,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,EUR,,,,,36157.613643416,,37323.0799135,1165.466270084,,
Forex Balances,Header,Asset Category,Currency,Description,Quantity,Cost Price,Cost Basis in EUR,Close Price,Value in EUR,Unrealized P/L in EUR,Code
Forex Balances,Data,Forex - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,EUR,CAD,-794.235,0.64531,512.527788,0.64286,-510.581912,1.945876,
Forex Balances,Data,Forex - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,EUR,EUR,5720.96204,1,-5720.96204,1,5720.96204,0,
Forex Balances,Data,Forex - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,EUR,GBP,72.287107,1.166910138,-84.352558,1.1187,80.867587,-3.484971,
Forex Balances,Data,Forex - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,EUR,USD,-354.586022,0.820609394,290.976620811,0.81863,-290.274755,0.701865811,
Forex Balances,Data,Total,,,,,-5001.810189189,,5000.97296,-0.837229189,
Net Stock Position Summary,Header,Asset Category,Currency,Symbol,Description,Shares at IB,Shares Borrowed,Shares Lent,Net Shares
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,CAD,TORO,PUCARA GOLD LTD,1000,0,0,1000
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,GBP,BATS,BRITISH AMERICAN TOBACCO PLC,78,0,0,78
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,ABBV,ABBVIE INC,32,0,0,32
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,BABA,ALIBABA GROUP HOLDING-SP ADR,7,0,0,7
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,BEP,BROOKFIELD RENEWABLE PARTNER,75,0,0,75
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,BIP,BROOKFIELD INFRASTRUCTURE PA,30,0,0,30
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,BPY,BROOKFIELD PROPERTY PARTNERS,190,0,0,190
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,CIH,CHINA INDEX HDS-ADR,500,0,0,500
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,ENB,ENBRIDGE INC,120,0,0,120
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,GATO,GATOS SILVER INC,310,0,0,310
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,MMM,3M CO,15,0,0,15
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,MO,ALTRIA GROUP INC,140,0,0,140
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,SPG,SIMON PROPERTY GROUP INC,19,0,0,19
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,T,AT&T INC,200,0,0,200
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,TLRY,TILRAY INC-CLASS 2 COMMON,50,0,0,50
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,USO,UNITED STATES OIL FUND LP,12,0,0,12
Net Stock Position Summary,Data,Stocks - Held with Interactive Brokers (U.K.) Limited carried by Interactive Brokers LLC,USD,XOM,EXXON MOBIL CORP,100,0,0,100
Financial Instrument Information,Header,Asset Category,Symbol,Description,Conid,Security ID,Listing Exch,Multiplier,Type,Code
Financial Instrument Information,Data,Stocks,ABBV,ABBVIE INC,118089500,US00287Y1091,NYSE,1,COMMON,
Financial Instrument Information,Data,Stocks,BABA,ALIBABA GROUP HOLDING-SP ADR,166090175,US01609W1027,NYSE,1,ADR,
Financial Instrument Information,Data,Stocks,BATS,BRITISH AMERICAN TOBACCO PLC,908931,GB0002875804,LSE,1,COMMON,
Financial Instrument Information,Data,Stocks,BEP,BROOKFIELD RENEWABLE PARTNER,114646358,BMG162581083,NYSE,1,LTD PART,
Financial Instrument Information,Data,Stocks,BEPC,BROOKFIELD RENEWABLE COR-A,435524222,CA11284V1058,NYSE,1,COMMON,
Financial Instrument Information,Data,Stocks,BIP,BROOKFIELD INFRASTRUCTURE PA,48085842,BMG162521014,NYSE,1,LTD PART,
Financial Instrument Information,Data,Stocks,BIPC,BROOKFIELD INFRASTRUCTURE-A,409841967,CA11275Q1072,NYSE,1,COMMON,
Financial Instrument Information,Data,Stocks,BIPC.EXE,BROOKFIELD INFRASTRUCTURE-A - TENDER,417640873,CA112EXC9043,CORPACT,1,TENDER,
Financial Instrument Information,Data,Stocks,BPY,BROOKFIELD PROPERTY PARTNERS,124725612,BMG162491077,NASDAQ,1,LTD PART,
Financial Instrument Information,Data,Stocks,CIH,CHINA INDEX HDS-ADR,370388700,US16954W1018,NASDAQ,1,ADR,
Financial Instrument Information,Data,Stocks,ENB,ENBRIDGE INC,4730124,CA29250N1050,NYSE,1,COMMON,
Financial Instrument Information,Data,Stocks,GATO,GATOS SILVER INC,452191186,US3680361090,NYSE,1,COMMON,
Financial Instrument Information,Data,Stocks,MMM,3M CO,9720,US88579Y1010,NYSE,1,COMMON,
Financial Instrument Information,Data,Stocks,MO,ALTRIA GROUP INC,9769,US02209S1033,NYSE,1,COMMON,
Financial Instrument Information,Data,Stocks,SPG,SIMON PROPERTY GROUP INC,2009113,US8288061091,NYSE,1,REIT,
Financial Instrument Information,Data,Stocks,T,AT&T INC,37018770,US00206R1023,NYSE,1,COMMON,
Financial Instrument Information,Data,Stocks,TLRY,TILRAY INC-CLASS 2 COMMON,326196509,US88688T1007,NASDAQ,1,COMMON,
Financial Instrument Information,Data,Stocks,TORO,PUCARA GOLD LTD,448621816,CA74467P1053,VENTURE,1,COMMON,
Financial Instrument Information,Data,Stocks,USO,UNITED STATES OIL FUND LP,418893644,US91232N2071,ARCA,1,ETF,
Financial Instrument Information,Data,Stocks,XOM,EXXON MOBIL CORP,13977,US30231G1022,NYSE,1,COMMON,
Codes,Header,Code,Meaning,Code (Cont.),Meaning (Cont.)
Codes,Data,A,Assignment
Codes,Data,ADR,ADR Fee Accrual
Codes,Data,AEx,Automatic exercise for dividend-related recommendation.
Codes,Data,Adj,Adjustment
Codes,Data,Al,Allocation
Codes,Data,Aw,Away Trade
Codes,Data,B,Automatic Buy-in
Codes,Data,Bo,Direct Borrow
Codes,Data,C,Closing Trade
Codes,Data,CD,Cash Delivery
Codes,Data,CP,Complex Position
Codes,Data,Ca,Cancelled
Codes,Data,Co,Corrected Trade
Codes,Data,Cx,Part or all of this transaction was a Crossing executed as dual agent by IB for two IB customers
Codes,Data,ETF,ETF Creation/Redemption
Codes,Data,Ep,Resulted from an Expired Position
Codes,Data,Ex,Exercise
Codes,Data,FP,IB acted as principal for the fractional share portion of this trade
Codes,Data,FPA,IB acted as principal for the fractional share portion and as agent for the whole share portion of this trade
Codes,Data,G,Trade in Guaranteed Account Segment
Codes,Data,HC,Highest Cost tax basis election
Codes,Data,HFI,Investment Transferred to Hedge Fund
Codes,Data,HFR,Redemption from Hedge Fund
Codes,Data,I,Internal Transfer
Codes,Data,IA,This transaction was executed against an IB affiliate
Codes,Data,INV,Investment Transfer from Investor
Codes,Data,IPO,This transaction was executed as part of an IPO in which IB was a member of the selling group and is classified as a Principal trade.
Codes,Data,L,Ordered by IB (Margin Violation)
Codes,Data,LD,Adjusted by Loss Disallowed from Wash Sale
Codes,Data,LI,"Last In, First Out (LIFO) tax basis election"
Codes,Data,LT,Long Term P/L
Codes,Data,Lo,Direct Loan
Codes,Data,M,Entered manually by IB
Codes,Data,MEx,Manual exercise for dividend-related recommendation.
Codes,Data,ML,Maximize Losses tax basis election
Codes,Data,MLG,Maximize Long Term Gain tax basis election
Codes,Data,MLL,Maximize Long Term Loss tax basis election
Codes,Data,MSG,Maximize Short Term Gain tax basis election
Codes,Data,MSL,Maximize Short Term Loss tax basis election
Codes,Data,O,Opening Trade
Codes,Data,P,Partial Execution
Codes,Data,PI,Price Improvement
Codes,Data,Po,Interest or Dividend Accrual Posting
Codes,Data,Pr,Part or all of this transaction was executed by the Exchange as a Crossing by IB against an IB affiliate and is therefore classified as a Principal and not an agency trade
Codes,Data,R,Dividend Reinvestment
Codes,Data,RED,Redemption to Investor
Codes,Data,RP,IB acted as riskless principal for the fractional share portion of this trade
Codes,Data,RPA,IB acted as riskless principal for the fractional share portion and as agent for the whole share portion of this trade
Codes,Data,Re,Interest or Dividend Accrual Reversal
Codes,Data,Ri,Reimbursement
Codes,Data,SI,This order was solicited by Interactive Brokers
Codes,Data,SL,Specific Lot tax basis election
Codes,Data,SO,This order was marked as solicited by your Introducing Broker
Codes,Data,SS,Customer designated this trade for shortened settlement and so is subject to execution at prices above the prevailing market
Codes,Data,ST,Short Term P/L
Codes,Data,T,Transfer
Codes,Data,Un,Unvested shares from stock grant
Notes/Legal Notes,Header,Type,Note
Notes/Legal Notes,Data,General:,"Quantities preceded by a ""-"" sign indicate sell transactions. Other transactions are purchases. In case of partial executions, commissions are charged on the total quantity executed on the original order. The commission is displayed on the first partial execution only. Trade execution times are displayed in Eastern Time."
Notes/Legal Notes,Data,General:,"Please promptly report any inaccuracy or discrepancy in this statement, or in your account. Contact the IB Customer Service Department in writing using the form available on the IB website."
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:","Interactive Brokers (U.K.) Ltd. (""IB UK"") acts as agent in transactions in securities, exchange-traded commodity futures and options, and foreign currencies. For transactions in these products, IB UK.s U.S. affiliate Interactive Brokers LLC (""IB LLC"") provides trade execution, Client Money and Custody Services. IB LLC holds Customer money, securities, or other assets under the rules of the U.S. Securities and Exchange Commission (""SEC"") and the U.S. Commodity Futures Trading Commission (""CFTC""), as applicable. For assets held with IB LLC, different practices for the separate identification of Customer's money, securities, and assets may apply and, in the event of a default of IB LLC, Customer's money, securities and assets may be treated differently from the position that would apply if the money, securities or assets were held in the United Kingdom. IB LLC is a member of the U.S. Securities Investor Protection Corporation (""SIPC""). As with all securities firms, SIPC coverage provides protection against failure of a broker-dealer, not against loss of market value of securities.  Futures and options on futures are not covered by SIPC. A financial statement of Interactive Brokers LLC is available for your personal inspection at www.interactivebrokers.com or at its offices, or a copy of it will be mailed upon your written request."
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:","Stock transactions settle on the trade date plus three days, except for transactions on XETRA, which settle on trade date + 2 business days. Securities options settle on the trade date plus one day."
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:",Applicable commodity Regulatory Fees for your transactions is available on the IB website at http://www.interactivebrokers.com/en/accounts/fees/exchangeAndRegulatoryFees.php.
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:","Call features for bonds or preferred stocks may affect the yield. For zero coupon, compound interest and multiplier securities, there are no periodic payments and securities may be callable below maturity value without notice to holder unless registered. For asset-backed securities, the actual yield may vary depending on the speed at which the underlying note is pre-paid. For additional information regarding bond yield, please contact the IB Help Desk at: help@interactivebrokers.com. If this debt security is unrated by a nationally recognized statistical rating organization, it may pose a high risk of default. You should consult a financial advisor to determine whether unrated bonds are appropriate for your portfolio in light of your goals and your financial circumstances. Fees charged by bond trading centers are included in the cost of bond transactions."
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:","IB LLC receives compensation from fund companies in connection with the purchase and holding of fund shares by customers of IB LLC. Such compensation includes, but is not limited to, Rule 12b-1 fees which are paid out of the funds assets. The source and amount of any remuneration received by IB LLC in connection with a transaction will be furnished upon written request of the customer."
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:","IB LLC acts as agent or riskless principal in OTC foreign currency transactions. Such transactions are executed against an IB affiliate or a third party, which acts as principal in such transactions and may have a long or short position and may have profited or lost in connection with the transaction. OTC foreign currency transactions executed by Customer through IB are not regulated or overseen by the SEC or the CFTC."
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:","Trades marked with the exchange indicator of TMBR were effected by IB LLC as agent through a market making affiliate, which acted as principal in the transaction and may have a long or short position in the security and may have profited or lost in connection with the transaction."
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:","All VWAP trades are effected pursuant to an average price formula based on a reference price provided by a third-party data provider. Additional information and reference prices are available upon request. IB LLC, as agent, effects VWAP transactions through a market making affiliate, which acts as principal in such transactions and may have a long or short position in the security and may have profited or lost in connection with the transaction."
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:","IB LLC accepts liquidity rebates from Alternative Trading Systems and exchanges for certain orders. IB LLC receives payment for some option orders pursuant to exchange-mandated marketing fee programs or other arrangements. IB LLC does not generally accept payment for order flow for security futures orders. The source and nature of any compensation received by IB LLC in connection with any transaction is available upon written request of the customer. For further information, check the IB website or email help@interactivebrokers.com."
Notes/Legal Notes,Data,"Transactions in Stocks, Bonds, Mutual Funds, Exchange Traded Commodity Futures and Options and Foreign Currency:","For security futures trades, if not already indicated on this statement, information about the time of any transaction, the identity of the counterparty to the transaction, and whether IB is acting as agent or principal, as agent for the counterparty, as agent for both parties to the contract, or as principal, and if acting as principal, whether the transaction was a block transaction or an exchange for physicals transaction, will be available upon written request of the customer."
Notes/Legal Notes,Data,"Over-the-Counter Transactions in Contracts for Differences (""CFDs"") and Metals, Including Unallocated Gold:","As a courtesy, we have included information regarding trades you executed directly with IB UK, including all CFD trades. This information was provided to IB LLC by IB UK for your convenience so that we could include it in your Statement. We have also provided you with the related Legal Notes IB UK asked us to include."
Notes/Legal Notes,Data,"Over-the-Counter Transactions in Contracts for Differences (""CFDs"") and Metals, Including Unallocated Gold:","IB UK acts as principal or riskless principal in Over-the-Counter (""OTC"") transactions involving CFDs and metals, including unallocated gold. Your transactions are executed against IB UK, which may have a long or short position and may have profited or lost in connection with the transaction, or may have hedged it against an affiliate or third party who may have profited or lost."
Notes/Legal Notes,Data,"Over-the-Counter Transactions in Contracts for Differences (""CFDs"") and Metals, Including Unallocated Gold:","For OTC transactions in CFDs and metals, including unallocated gold, IB UK provides Client Money and Custody Services directly, subject to the rules of the U.K. Financial Conduct Authority. IB UK is not a member of the U.S. Securities Investor Protection Corporation (""SIPC"") and your assets held by IB UK in connection with OTC transactions in CFDs and metals are not protected by SIPC."
Notes/Legal Notes,Data,"Over-the-Counter Transactions in Contracts for Differences (""CFDs"") and Metals, Including Unallocated Gold:","OTC products offered by IB UK such as CFDs and metals are contracts with IB UK as your counterparty, and are not traded on a regulated exchange and are not cleared or settled on a central clearinghouse."
Notes/Legal Notes,Data,"Over-the-Counter Transactions in Contracts for Differences (""CFDs"") and Metals, Including Unallocated Gold:","A CFD is to secure a profit or avoid a loss by reference to fluctuations in the price of the Underlying Product, rather than by taking delivery of any Underlying Product. No CFD transaction shall confer on you any right, voting right, title or interest in any Underlying Product or entitle or oblige you to acquire, receive, hold, vote, deliver, dispose of or participate directly in any corporate action of any Underlying. All transactions relating to CFDs shall be settled by payment of cash and shall settle in the same settlement period as the Underlying Product, unless otherwise specified."
Notes/Legal Notes,Data,"Over-the-Counter Transactions in Contracts for Differences (""CFDs"") and Metals, Including Unallocated Gold:",OTC metals such as unallocated gold are not "MiFID" regulated instruments. The Markets in Financial Instruments Directive is an E.U. law that regulates investment services across the E.U. member states.
Notes/Legal Notes,Data,"Over-the-Counter Transactions in Contracts for Differences (""CFDs"") and Metals, Including Unallocated Gold:","Transactions in metals, including unallocated gold, shall be settled by payment of cash and shall generally settle in two days (taking into account the governmental and bank holidays in the relevant markets) or in the customary settlement period used in the interbank market. Arrangement for delivery of metals may be available in accordance with the policies described on the IB UK website and may involve additional charges."
Notes/Legal Notes,Data,"Over-the-Counter Transactions in Contracts for Differences (""CFDs"") and Metals, Including Unallocated Gold:",IB UK is a participant in the UK Financial Ombudsman Service ("FOS"). Disputes may be submitted to the FOS for mediation. The FOS will only consider complaints for regulated and consumer credit activities and may therefore not consider complaints in respect of metals and spot foreign currency transactions. The FOS is provided free of charge to complainants. The FOS.s decisions are based on what is fair and reasonable and are binding on firms if a complainant accepts them.
Notes/Legal Notes,Data,"Over-the-Counter Transactions in Contracts for Differences (""CFDs"") and Metals, Including Unallocated Gold:",IB UK is a participant in the UK Financial Services Compensation Scheme ("FSCS"). You may be entitled to compensation from the scheme in the unlikely event we cannot meet our obligations. This depends on the type of business and the circumstances of the claim. FSCS cover is restricted to designated investments and does not cover investments in metals and spot foreign currency. Further information about compensation is available from the UK Financial Services Compensation Scheme at http://www.fscs.org.uk.