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For information on asset protection, site terms and conditions, and privacy policies related to your ScottradePRO® account held at Interactive Brokers, please visit www.interactivebrokers.com.
Scottrade, Inc. (“Scottrade”) is introducing these accounts to Interactive Brokers LLC (“IB”). Under a clearing agreement between Scottrade and IB, Scottrade will be responsible for providing certain customer support for these accounts. IB will be responsible for providing most other broker-dealer and custodial obligations, including providing account opening, approval, monitoring, maintenance and supervision, order acceptance and execution, margin maintenance, custody, clearing and settlement services. IB and Scottrade are separate and unaffiliated companies. Scottrade receives commissions for orders you place with IB.
Although the sources are deemed to be reliable, Scottrade makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability or reliability of the information. None of the information presented constitutes a recommendation by Scottrade or its affiliates to buy, sell or hold any security or financial product or instrument, or to engage in any specific investment strategy. The choice to engage in a particular investment strategy or use a specific investment tool should be based solely on your own research and evaluation of the risks involved, your financial circumstances and your investment objectives.
Options involve risk and are not suitable for all investors. Detailed information on the risks associated with options can be found by downloading the Characteristics and Risks of Standardized Options and Supplements (PDF) from The Options Clearing Corporation, ordered by phone at 1-888-OPTIONS, or by requesting a copy by visiting http://www.optionseducation.org. Supporting documentation for any claims, comparison, recommendations, statistics, or other technical data, will be supplied upon request.
There are special risks associated with uncovered option writing that may expose investors to significant losses. Therefore, this type of strategy may not be suitable for all customers approved for options transactions. Clients approved for uncovered put writing must acknowledge having received and read the Special Statement for Uncovered Options Writers concerning the risks of this type of trading.
Multiple-leg option strategies can entail substantial transaction costs, including multiple commissions, which may impact any potential return.
While there is income potential from spread trading, there are additional risks, which include, but are not limited to the risk of being assigned on one leg due to early exercise and order execution risk. Order execution risk exists due to multiple factors including, but not limited to the fact that spread orders are not held and are discretionary, as well as the risk of delayed reporting of executions.
Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. IB’s margin agreement is available at IB's website, and contains the Margin Disclosure Statement and information on lending policies, interest charges and the risks associated with margin accounts.
Consult with your tax advisor for information on how taxes may affect the outcome of these strategies. Keep in mind profit will be reduced or loss worsened, as applicable, by the deduction of commissions and fees.
Market volatility, volume and system availability may impact account access and trade execution.
All investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Scottrade®, the Scottrade® logo, and all other trademarks, whether registered or unregistered, are the property of Scottrade, Inc. and its affiliates.
© 2017 Scottrade, Inc. All rights reserved.