The international brokerage firm Interactive Brokers opened its Central European headquarters in Budapest. Kapolyi Law Firm has played an active role in the authorization process in Hungary as a legal counsel. Interactive Brokers Central Europe is the tenth subsidiary of an international brokerage firm that will manage an ever-growing portfolio of client accounts in Central Europe. Our firm provided professional support to create the legal background for costumer due diligence and service. On the 12 December 2020, the Hungarian National Bank issued the decision authorizing the activity of Interactive Brokers Central Europe.
More details on Interactive Brokers’ market entry can be found here