Interactive Brokers shares fall 7% after $120m client loss, Oanda and others add to the “all clear list”

Interactive Brokers said yesterday they would be hit for $120m loss on the CHF moves and a statement said that the debts would be no more than 2.5% of its net worth. Shares today traded down around 7% but are currently down just under 5% at $26.85

In addition to Adam’s story on the latest from FXCM, IB’s CFO Paul Jonathan Brody had been selling stock totaling around $400k in several tranches since Dec 26th through January with all filings going through the SEC.

Just to do a round up of other brokers announcing their financial strength are Oanda, Pepperstone, Darwinex, BMFN and ADS securities.

I suspect that what’s most worrying is the stories were not hearing and I’d imagine there will still be a few more casualties yet.