Investors Gain Round-the-Clock Access to US Stocks with Interactive Brokers' CFD Offering

Thursday, 15/08/2024 | 09:49 GMT by Tareq Sikder
  • New CFDs on US equities offer 24/5 access to over 3,500 stocks and ETFs.
  • CFDs on US stocks now available with lower margin requirements and no borrowing costs.
Interactive Brokers
Interactive Brokers

Interactive Brokers has expanded its overnight trading services to include Contracts for Difference (CFDs) on US stocks and ETFs. This addition complements its existing offerings of US stocks, ETFs, and index options. Clients can now trade CFDs on more than 3,500 US equities around the clock, from 8:00 pm to 3:50 am ET, Sunday through Friday.

Global Access to US Markets

This expansion is aimed at providing greater flexibility for clients and enhancing access to the US markets. The ability to trade CFDs on US stocks and ETFs overnight allows investors worldwide to respond to market news and events in real-time, regardless of their local time zones.

"With the growing popularity and increase in overnight trading volumes, expanding our offerings to include CFDs on US equities is a strategic enhancement," said Milan Galik, Chief Executive Officer of Interactive Brokers.

"Our clients can now use the leverage of CFDs in overnight trading hours, enabling them to respond swiftly to market movements and optimize their trading strategies at any time, day or night. This added flexibility ensures our clients can capitalize on global investment opportunities."

CFDs offer a leveraged trading option compared to traditional stock trading, with lower margin requirements and no borrowing costs. This setup can help traders manage risk more effectively and use their capital more efficiently.

HSBC Partners with Interactive Brokers

Meanwhile, Interactive Brokers has partnered with HSBC to provide HSBC clients with access to global trading markets via a unified platform, as reported by Finance Magnates. According to MarketsMedia, HSBC customers in the UAE will be the first to benefit from this collaboration.

They will gain access to equities, ETFs, and bonds across up to 25 markets and 77 exchanges worldwide through WorldTrader, a digital investment platform powered by Interactive Brokers. This platform is available through both a mobile app and online, with plans for future expansion into additional markets.

Interactive Brokers has expanded its overnight trading services to include Contracts for Difference (CFDs) on US stocks and ETFs. This addition complements its existing offerings of US stocks, ETFs, and index options. Clients can now trade CFDs on more than 3,500 US equities around the clock, from 8:00 pm to 3:50 am ET, Sunday through Friday.

Global Access to US Markets

This expansion is aimed at providing greater flexibility for clients and enhancing access to the US markets. The ability to trade CFDs on US stocks and ETFs overnight allows investors worldwide to respond to market news and events in real-time, regardless of their local time zones.

"With the growing popularity and increase in overnight trading volumes, expanding our offerings to include CFDs on US equities is a strategic enhancement," said Milan Galik, Chief Executive Officer of Interactive Brokers.

"Our clients can now use the leverage of CFDs in overnight trading hours, enabling them to respond swiftly to market movements and optimize their trading strategies at any time, day or night. This added flexibility ensures our clients can capitalize on global investment opportunities."

CFDs offer a leveraged trading option compared to traditional stock trading, with lower margin requirements and no borrowing costs. This setup can help traders manage risk more effectively and use their capital more efficiently.

HSBC Partners with Interactive Brokers

Meanwhile, Interactive Brokers has partnered with HSBC to provide HSBC clients with access to global trading markets via a unified platform, as reported by Finance Magnates. According to MarketsMedia, HSBC customers in the UAE will be the first to benefit from this collaboration.

They will gain access to equities, ETFs, and bonds across up to 25 markets and 77 exchanges worldwide through WorldTrader, a digital investment platform powered by Interactive Brokers. This platform is available through both a mobile app and online, with plans for future expansion into additional markets.

About the Author: Tareq Sikder
Tareq Sikder
  • 948 Articles
  • 6 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 948 Articles
  • 6 Followers

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