Interactive Brokers Announces Commission-Free Trading Of FactorShares ETFs
Interactive Brokers has agreed to waive the flat-rate and cost-plus brokerage commissions for transactions in FactorShares ETFs and will not impose short-term trading fees 1. For more information please visit www.interactivebrokers.com/factorshares.
About Interactive Brokers
Interactive Brokers Group, Inc., together with its subsidiaries, is an automated global electronic market maker and broker specializing in routing orders and executing and processing trades in securities, futures, foreign exchange instruments, bonds and funds on more than 90 electronic exchanges and trading venues around the world. As a market maker, we provide liquidity at these marketplaces and, as a broker, we provide professional traders and investors with electronic access to stocks, options, futures, forex, bonds and mutual funds from a single IB Universal Account SM. Employing proprietary software on a global communications network, Interactive Brokers is continuously integrating its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.
About Factor AdvisorsFactor Advisors, LLC (“Factor”) is a New York-based asset management firm dedicated to improving the way investors accomplish spread trading strategies. Factor’s flagship offering, FactorShares, is the first family of spread exchange traded funds (ETFs). With one simple trade, each FactorShares ETF enables investors to track two market segments, one long and one short, in one convenient and cost-effective position. Factor has worked with several premier organizations in order to develop and offer FactorShares including Interactive Brokers, Standard & Poor’s and State Street Bank. 1 Other fees and expenses applicable to continued investment are described in the fund's current prospectus. Before investing, consider the fund's investment objectives, risks, charges and expenses. The prospectus is available by calling 1-888-628-3180 or by visiting www.factorshares.com . Read the prospectus carefully before investing. There are risks associated with investing including possible loss of principal. FactorShares are not mutual funds or any other type of investment company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder. Leveraged funds are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investments. No offer or solicitation to buy or sell securities or futures products of any kind, or any type of recommendation or advice, is made, given or in any manner endorsed by Interactive Brokers LLC ("Interactive Brokers") or any of its affiliates. Interactive Brokers receives compensation from Factor Capital Management, LLC (the "Managing Owner") in connection with a marketing agreement that includes promotion of FactorShares ETFs and certain commission waivers. Additional information about the sources, amounts, and terms of compensation is described in the prospectus and related documents. Interactive Brokers may add or waive commissions on FactorShares ETFs without prior notice. An affiliate of Interactive Brokers is a member of Factor Advisors, LLC, the parent and the sole owner of the Managing Owner.
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