EMIR & LEI Information

Certain IBKR clients may become subject to position and trade reporting obligations under the European Markets Infrastructure Regulation ("EMIR") from February 12th, 2014. As of August 16, 2014 - valuation and collateral reporting requirements for regulated financial firms and large or organizations will need to be reported. Additionally, back reporting to August 16, 2012 will be required.

IBKR customers, with the exception of individuals, trading derivatives (OTC or Exchange Traded) established in the European Union and some funds which have fund managers registered in the European Union, will be subject to trade reporting obligations. All such clients will also be obligated to have or apply for a Legal Entity Identifier ("LEI"), which is a unique identifier or code attached to a legal person or structure that will allow for the unambiguous identification of parties to financial transactions.

Cleared clients will be able to delegate their EMIR trade repository reporting obligations to IBKR. In addition, IBKR will facilitate the issuance of Legal Entity Identifiers to clients who are in scope of the regulations and do not currently have a LEI.

  1. Click the User menu (head and shoulders icon in the top right corner) > Settings > Account Configuration > EMIR & LEI Information.

  2. Select one of the options and click Continue.