http://biz.yahoo.com/bw/071120/20071120005197.html?.v=1 Interactive Brokers Group Acquires FutureTrade Tuesday November 20, 8:45 am ET Adds to Capability of Servicing Hedge Funds in Order Execution, Management and Prime Brokerage Press Release Source: Interactive Brokers Group Interactive Brokers Group Acquires FutureTrade Tuesday November 20, 8:45 am ET Adds to Capability of Servicing Hedge Funds in Order Execution, Management and Prime Brokerage GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers Group, a major automated global electronic broker today announced the execution of a Definitive Agreement to acquire FutureTrade Technologies and its wholly-owned subsidiary, FutureTrade Securities for an undisclosed amount of cash. FutureTrade is a leading provider of integrated electronic equity and option trading services. âThis acquisition increases our ability to expand our services for the hedge fund and institutional community more rapidly,â said Thomas Peterffy, Chairman of Interactive Brokers Group. âWe were specifically attracted to FutureTrade by its customer base of over 200 institutions, their 40 software developers and the technology they have developed over the past 5 years. We are building a full service organization for hedge funds including execution and prime brokerage services.â âI am excited about joining Interactive Brokers and bringing the capabilities of FutureTrade and its team to servicing the hedge fund and institutional market,â said Murray Finebaum, President & CEO of FutureTrade. âCombining the worldwide reach and financial capabilities of Interactive Brokers with our track record of serving hedge fund and institutional investors will be a compelling offering in the market.â More info on FutureTrade's platform: http://www.futuretrade.com/platform/platform.html Anybody with any info on how/when this may become available to (institutional) IB customers? I guess this can take months depending on how much programming/integration work is necessary but maybe I am wrong?