NIRP Has Officially Arrived: Interactive Brokers Starts Charging 0.25% On Yen Cash Balances Tyler Durden’s pictureSubmitted by Tyler Durden on 04/30/2016 16:03 -0400 http://www.zerohedge.com/news/2016-04-30/starting-monday-interactive-brokers-will-charge-you-025-yen-cash-balances Three months after Japan unveiled NIRP – mostly for local banks – the effect for everyone else has finally arrived. As IB warns its FX traders, starting Monday, Interactive Brokers “will move to a credit interest […]