They have some neat products. Low costs. Though the quality of customer service is inconsistent. See: http://www.youtube.com/watch?v=Y7m8DcKKHGg
If I thought this was real, I'd be concerned. Remember fella, sometimes talking small adds credibility.
it's not awful, but its so similar to what TWS offers already. Perhaps it is more for the managed money crowd with its news and research feeds built in. The only thing I'd like to see from IB is a page like Finviz.com with a matrix I could created with whatever securities/indices - not just forex. New ideas in the ability to analyze data in different formats is always a plus. Anyway, its all good since they finally got their charts in order.
From the 8-K regarding the late 10-Q: If the non-controlling interests attributable to IBG Holdings LLC were accounted for as temporary equity at March 31, 2012, the non-controlling interests, approximating $4.4 billion, would be reported as a separate line item between the liabilities and equity sections of the Registrant's consolidated statement of financial condition. The temporary equity would be marked to market, based on the public share price of the Registrant's common stock, which would result in an increase of approximately $1.6 billion to temporary equity and a corresponding decrease to stockholders' equity. While combined permanent and temporary equity would remain unchanged, under this accounting convention reported (permanent) equity at March 31, 2012 would be negative. http://biz.yahoo.com/e/120515/ibkr8-k.html