Cboe Europe Derivatives Onboards Interactive Brokers as New Trading Participant

US electronic trading giant Interactive Brokers has joined Cboe Europe Derivatives (CEDX), Cboe's pan-European equity derivatives marketplace, as a direct trading participant. The broker will offer its clients access to CEDX's range of equity index derivatives and equity options in the current quarter.

In addition, Interactive Brokers has become a direct clearing participant for equity derivatives on Cboe Clear Europe N.V., Cboe's leading pan-European clearing house and CEDX's clearing provider.

"We are thrilled to welcome Interactive Brokers to CEDX, which represents a significant milestone in the exchange's journey to improve the ability of retail investors to gain access to and benefit from European derivatives, particularly options," said Iouri Saroukhanov, Head of European Derivatives, Cboe Europe. "Interactive Brokers has been a strong collaborator to our successful US options markets for many years, and we look forward to strengthening this collaboration with them in Europe to help improve and grow derivatives markets in the region."

This new partnership allows Interactive Brokers clients to enjoy enhanced choice and flexibility, enabling them to manage their European investments more effectively, added Milan Galik, Chief Executive Officer at Interactive Brokers.

Last week, Fazzaco reported that Interactive Brokers has introduced crypto trading in the United Kingdom​.