Interactive Brokers has opened a new office in Dublin, situated at North Dock One, 91/92 North Wall Quay, and appointed Leo Varadkar T.D to the board and executive leadership.
Leo Varadkar is an Irish Fine Gael politician who is serving as Tánaiste (deputy head of the government of Ireland) and Minister for Enterprise, Trade and Employment since June 2020, having previously served as Taoiseach and Minister for Defence from 2017 to 2020.
An Tánaiste Leo Varadkar, said: “Sincere congratulations to Interactive Brokers on the official opening of their new office in Dublin. A global company like this locating in Dublin and employing over 110 staff here is testament to the talented workforce in Ireland’s International Financial Services Sector. I wish Interactive Brokers all the very best for the future.”
Interactive Brokers offers access securities, commodities, and FX
The automated global electronic broker established its Western European presence in Dublin in 2020 to serve the needs of European clients from all corners of the financial spectrum, from retail investors seeking a cost-efficient trading and investment platform through to multinational enterprises demanding cutting-edge technical services.
IBKR provides automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 150 markets in numerous countries and currencies. The firm caters to individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers.
Kevin Keller, Chief Operating Officer at Interactive Brokers Ireland, commented: ‘’Interactive Brokers initially chose Ireland due to the benefits of Ireland’s EU membership, strong regulatory reputation, and ease of access to the European market. Throughout that process and into our first two years of business we have been incredibly impressed with the local financial services talent and pro-business environment. We currently employ more than 110 staff in Dublin, far more than originally anticipated, and remain confident that Ireland has the necessary talent to help drive our business forward. We are very thankful to our local partners, most notably the IDA, who have helped us operationalise our business locally. Interactive Brokers is excited to open our new office to support our long-term presence in Ireland. We look forward to further embedding ourselves in the Irish financial services community while growing our business in Ireland and across Western Europe.’’
Mary Buckley, Interim CEO, IDA Ireland, said: ‘’Ireland, given its vibrant international financial services environment, has proven to be an excellent location for Interactive Brokers and this move to new offices signals the company’s ongoing commitment to its operations here. I wish the team continued success.”