This is a portion of a message sent to all users that IB sent out Friday afternoon: We are seeing unprecedented volatility in GME, AMC, BB, EXPR, KOSS and a sm

This is a portion of a message sent to all users that IB sent out Friday afternoon: We are seeing unprecedented volatility in GME, AMC, BB, EXPR, KOSS and a small number of other U.S. securities that has forced us reduce the leverage previously offered to these securities and, in certain instances, limit trading to risk reducing transactions. IBKR currently has no restrictions on trading shares in those companies, and customers can open or close positions in those shares. Like many other brokers, IBKR placed options on certain of those stocks in closing only earlier this week. The plan is to lift those restrictions in an orderly manner while closely monitoring market conditions. To be clear, IBKR has not restricted clients’ ability to close existing positions in any of the U.S. securities subject to market volatility, and does not plan to do so. The limits IBKR has placed have applied to all customers and were not limited to “retail clients” or any other group.