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Target Market and Distribution Strategy Table for Over the Counter Metal Futures

In accordance with the MIFID II Product Governance requirements, Interactive Brokers (U.K.) Limited ("IBUK") has identified the potential target market for the financial instruments that IBUK manufactures.

This communication is to notify of the generic target market assessment performed by IBUK in relation to OTC Metal Futures. The notification also contains an indication of the appropriate channels for distribution. Further information on OTC Metal Futures can be found on the dedicated pages of the IB website.

Distributors should make their own determination in relation to the specific target market for the instruments and on an on-going basis raise any issue with IBUK of material discrepancy between the target market generically identified and the specific target market.

ESMA Requirement Description Target Market Criteria Negative Target Market
Client type Retail Clients
Professional Clients
Eligible Counterparties
Knowledge and Experience Low
Medium
High
Financial situation, with a focus on the ability to bear losses (tolerance expressed as a percentage)

Investors with no tolerance for loss in their investment or initial amount

(0% loss)

Investors who tolerate a moderate loss in their investment of initial amount

(<50% loss)

Investors who tolerate a loss of the entire investment or initial amount

(50> loss >100%)

Investors who tolerate losses exceeding their investment or initial amount

(>100% loss)

Risk tolerance and compatibility of the risk/reward profile of the product with the target market Compatible with High Risk Investment (investor is willing to accept the risk of losses up to or exceeding the investment or initial amount)
Compatible with Low Risk Investment (investor is not willing to accept any loss of the investment or initial amount)
Compatible with a PRIIPs Summary Risk Indicator (SRI)
Clients' Objectives and Needs
Investment Tenor Short
Medium
Long
Investment Objective Capital Protection
Appreciation
Future income stream
Liquidity Requires the possibility to exit the investment early
Willing to hold the investment until its maturity
Additional Criteria Investment
Hedging
Financing
Portfolio diversification
Trading profits
Speculation
Distribution Strategy

Advised
Non-Advised
Execution only
Discretionary

The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information read the "Characteristics and Risks of Standardized Options". For a copy click here.

Your capital is at risk and your losses may exceed the value of your original investment.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

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