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Interactive Brokers Expands Forecast Contracts to European Market

Interactive Brokers Expands Forecast Contracts to European Market

Globe and Mail2 days ago
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the expansion of Forecast Contracts into Europe. These event-based contracts allow investors to take positions on clearly defined outcomes related to financial, economic and climate indicators. Trading is available nearly 24 hours a day, 6 days a week.
Forecast Contracts provide a straightforward way to express a view or manage risk tied to a specific event. Each Forecast Contract is based on a simple yes-or-no question. For example, an investor who believes the US Federal Reserve will raise the Fed Funds Target Rate above 3.875% at the FOMC meeting ending July 30, 2025, can purchase a 'yes' contract. If correct, the contract settles at USD 1.00. If incorrect, it settles at zero. Prices range from USD 0.02 to USD 0.99, reflecting the market's perceived probability of the outcome.
'Investors worldwide are increasingly seeking tools that help them manage event-driven risks with precision and simplicity,' said Milan Galik, Chief Executive Officer at Interactive Brokers. 'By extending access to Forecast Contracts in Europe, we're giving investors more ways to act on their views and manage risk through our comprehensive, global platform.'
Investors can trade through IBKR ForecastTrader, a dedicated web-based interface, or other Interactive Brokers platforms.
Contracts also pay an interest-like incentive coupon based on the market value of open positions. The incentive accrues daily and is paid monthly. The current annualized rate is 3.83 percent APY. This rate is subject to change and terms apply.
Forecast Contracts are available to eligible clients of Interactive Brokers LLC, Interactive Brokers Ireland Limited, Interactive Brokers Canada Inc., and Interactive Brokers Hong Kong Limited. The product is listed by ForecastEx LLC, a wholly owned subsidiary of Interactive Brokers and a CFTC-regulated Designated Contract Market. Availability may vary by jurisdiction and client eligibility.
To view live prices and start trading Forecast Contracts, visit: IBKR ForecastTrader
The best-informed investors choose Interactive Brokers
About Interactive Brokers Group, Inc.:
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com, and many others.
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