Interactive Brokers has decided to offer trading on TOM to its brokerage clients as of 24 March 2014. Clients will be able to trade directly on TOM in derivatives. With the connection of Interactive Brokers, more than 50% of the Dutch retail flow is executed via TOM.
Willem Meijer, CEO of TOM (The Order Machine): “The decision of Interactive Brokers to offer our market to their clients is an important confirmation of our success. After our launch 1,5 years ago TOM has created a highly liquid derivatives market with significant volumes and tight spreads. By adding renowned retail brokers like Interactive Brokers, the market quality will evolve even further accompanied by growth in the market share that currently is 30% in The Netherlands.”
