Interactive Brokers Integrates Cboe Europe Derivatives to Boost Offerings

Wednesday, 12/06/2024 | 15:31 GMT by Jared Kirui
  • The new offering enables clients to trade European stock options, equity index options, and equity index futures.
  • To encourage adoption, Interactive Brokers will waive exchange, market data, and connectivity fees on the new service until the end of 2024.
Interactive Brokers

Online trading brokerage giant Interactive Brokers has integrated Cboe Europe Derivatives (CEDX) into its trading platform. This new addition enables clients to trade European stock options, equity index options, and equity index futures, a move the company said enhances users’ ability to manage and diversify their portfolios.

Expanding Access to European Derivatives

According to the press release, CEDX will allow traders to trade a wide range of European equity derivatives alongside other global financial instruments, including stocks, currencies, and bonds, from a single platform. This addition enhances Interactive Brokers’ current European equity derivatives offerings, which are available through Eurex and Euronext.

Speaking about this integration, Milan Galik, the CEO of Interactive Brokers, said: "The introduction of Cboe Europe Derivatives underscores our commitment to providing clients with an extensive range of products to enhance their trading strategies at low cost. As investors increasingly use derivatives to diversify and fine-tune market exposure, CEDX broadens the investment options available for our clients."

Under the new offering, clients have more ways to manage their European investments. They have access to over 300 stock options from leading European companies across 14 countries. They can also trade futures and options contracts based on well-known benchmarks such as the Cboe Eurozone 50, Cboe Germany 40, and Cboe UK 100.

To encourage adoption, CEDX will waive exchange , market data, and connectivity fees until the end of 2024. This initiative lowers the barrier to entry for investors looking to explore European derivatives markets, making it a cost-effective opportunity to diversify their trading strategies.

Catering to Institutional Investors

Last month, Interactive Brokers launched a new product to allow institutional and retail traders to execute short-term trading strategies and manage exposure to the French stock market. Dubbed Daily Options on the CAC 40 Index, this product aims to equip traders with tools to navigate global markets.

According to Interactive Brokers, the introduction of daily options seeks to meet the increasing demand among investors for options with daily expirations. This demand is reportedly caused by the need to engage in short-term trading strategies with potentially lower costs and flexibility.

Besides that, Interactive Brokers now offers cryptocurrency trading for individuals and institutional investors under its UK entity. The digital asset trading platform has added Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Although offered in partnership with a third-party crypto exchange, Interactive Brokers mentioned that users can trade crypto along with instruments of other asset classes from the same brokerage account.

Online trading brokerage giant Interactive Brokers has integrated Cboe Europe Derivatives (CEDX) into its trading platform. This new addition enables clients to trade European stock options, equity index options, and equity index futures, a move the company said enhances users’ ability to manage and diversify their portfolios.

Expanding Access to European Derivatives

According to the press release, CEDX will allow traders to trade a wide range of European equity derivatives alongside other global financial instruments, including stocks, currencies, and bonds, from a single platform. This addition enhances Interactive Brokers’ current European equity derivatives offerings, which are available through Eurex and Euronext.

Speaking about this integration, Milan Galik, the CEO of Interactive Brokers, said: "The introduction of Cboe Europe Derivatives underscores our commitment to providing clients with an extensive range of products to enhance their trading strategies at low cost. As investors increasingly use derivatives to diversify and fine-tune market exposure, CEDX broadens the investment options available for our clients."

Under the new offering, clients have more ways to manage their European investments. They have access to over 300 stock options from leading European companies across 14 countries. They can also trade futures and options contracts based on well-known benchmarks such as the Cboe Eurozone 50, Cboe Germany 40, and Cboe UK 100.

To encourage adoption, CEDX will waive exchange , market data, and connectivity fees until the end of 2024. This initiative lowers the barrier to entry for investors looking to explore European derivatives markets, making it a cost-effective opportunity to diversify their trading strategies.

Catering to Institutional Investors

Last month, Interactive Brokers launched a new product to allow institutional and retail traders to execute short-term trading strategies and manage exposure to the French stock market. Dubbed Daily Options on the CAC 40 Index, this product aims to equip traders with tools to navigate global markets.

According to Interactive Brokers, the introduction of daily options seeks to meet the increasing demand among investors for options with daily expirations. This demand is reportedly caused by the need to engage in short-term trading strategies with potentially lower costs and flexibility.

Besides that, Interactive Brokers now offers cryptocurrency trading for individuals and institutional investors under its UK entity. The digital asset trading platform has added Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Although offered in partnership with a third-party crypto exchange, Interactive Brokers mentioned that users can trade crypto along with instruments of other asset classes from the same brokerage account.

About the Author: Jared Kirui
Jared Kirui
  • 1508 Articles
  • 24 Followers
About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 1508 Articles
  • 24 Followers

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