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(IB) is a U.S. based online discount brokerage firm headquartered in Greenwich CT in the United States and with offices in Budapest, Chicago, Hong Kong, London, Montreal, Mumbai, Shanghai, Saint Petersburg, Sydney, Tallinn, Tokyo, and Zug.
Fixed commissions ended on May 1, 1975 when the legislation became law, which opened the door for the first discount brokerage firms such as the Charles Schwab Corporation, Scottrade and TD Ameritrade.