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Interactive Brokers Group to begin interest payment on client accounts below...

"We pay some of the highest rates, if not the highest, in the industry," said Thomas Peterffy, CEO at Interactive Brokers Group.

Fed: Modest growth this summer

The Federal Reserve Bank of New York reported modest growth this summer.

Pierpont to merge with Va. broker-dealer

Pierpont Securities is merging with Richmond, Va.-based Cortview Capital, with both companies operating as broker-dealers for fixed-income investments.