Interactive Brokers Expand European Derivatives Trading

Interactive Brokers (NASDAQ) has announced a substantial enhancement of its trading capabilities by including European stock options and European index futures and options via Cboe Europe Derivatives (CEDX). Interactive Brokers' clients now have the ability to trade European equity derivatives in addition to a diverse range of global financial instruments, such as stocks, options, futures, currencies, bonds, and funds, all from a single unified platform. This new addition expands the trading opportunities available to clients.

The addition of CEDX enhances Interactive Brokers' current European equities derivatives products on Eurex and Euronext, enabling customers a wider array of resources to oversee their European assets. Customers now have the ability to engage in trading of more than 300 stock options related to prominent European corporations from 14 distinct nations, in addition to derivatives based on European equity indices.

CEDX provides futures and options contracts that are tied to Cboe Europe's single country and pan-European indices. These indices include the Cboe Eurozone 50, Cboe Germany 40, and Cboe UK 100, which serve as benchmarks. In order to promote the use of CEDX, the exchange has decided to eliminate its costs for exchanging, accessing market data, and connecting to the platform until the conclusion of 2024.

Milan Galik, the CEO of Interactive Brokers, highlighted the significance of this advancement, affirming, “The launch of Cboe Europe Derivatives demonstrates our dedication to offering clients a wide array of products to improve their trading strategies at a minimal expense.” As investors progressively use derivatives to expand and refine market exposure, CEDX expands the investment choices accessible to our customers.

Agreeing with this viewpoint, Iouri Saroukhanov, the leader of European futures at Cboe Europe, expressed his excitement about the fact that customers of Interactive Brokers may now use Cboe Europe Derivatives' range of pan-European equities futures contracts. This marks a major achievement in CEDX's efforts to enhance the capacity of individual investors to get and profit from European derivatives, including options.

About Interactive Brokers

Interactive Brokers is a prominent electronic trading company that offers a diverse array of financial goods and services, such as brokerage, investment consulting, and asset management services, to customers worldwide, both individual and institutional. Interactive Brokers is renowned for its advanced trading technology and reasonable pricing. It caters to traders and investors in more than 150 marketplaces throughout the globe.

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