IBKR Ireland – how well protected is my portfolio if IBKR fails?
I have an IBKR account with Interactive Brokers Ireland Limited (IBIE).
I’m trying to properly understand how protected my portfolio would be if IBIE/IBKR were to become insolvent.
My main concern is being able to quantify my exposure/risk, rather than getting vague answers like “some of your positions may be held with IBLLC”.
Specifically, I’d like to know:
- Is there a way for an IBIE client to find out which specific positions are held with which custodian/depository?
- If some positions are held with Interactive Brokers LLC (IBLLC), can I determine which ones are covered by SIPC?
- If this information is not available to clients, how can I quantitatively assess the protection/risk of a large portfolio held at IBIE?
I’ve already checked my Activity Statement and the IBIE “List of Counterparties Where Client Assets May Be Held”, but neither tells me which specific positions are held with which custodian.
Thanks!