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Interactive Brokers Expands Offering with Access to Nasdaq Copenhagen and the Prague Stock Exchange

Source: Gin

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Interactive Brokers, one of the biggest US-based brokerage firms, announced that its global clients can now trade shares on Nasdaq Copenhagen (CPH) and the Prague Stock Exchange (PSE). Furthermore, eligible Nasdaq Copenhagen shares are available for fractional trading.

Milan Galik, Chief Executive Officer of Interactive Brokers, said: "Clients seeking to diversify and take advantage of new trading opportunities across geographies in Europe and around the world, can now add Danish and Czech stocks to their portfolios while benefiting from Interactive Brokers' low costs and the ability to trade products across asset classes from a single unified platform. Adding Nasdaq Copenhagen and the Prague Stock Exchange reinforces our commitment to providing our clients with the greatest breadth of investment products."

The broker has been regularly expanding its product lineup and global reach. In February, Interactive Brokers became the primary international broker of Sinopac Securities​, a major integrated securities firm in Taiwan, expanding its reach to the region. In the same month, the electronic brokerage firm announced the introduction of the Stock Yield Enhancement Program (SYEP) Derivatives for investors in Australia, offering clients a new way to earn extra income from their stock portfolios without sacrificing control or transparency.

In late 2022, Interactive Brokers had expanded its mutual fund marketplace with addition of more than 10 new fund families. In November 2022, it introduced Overnight Trading Hours on its IBKR Eos ATS (IBEOS), which greatly extended the trading time for its US customers. Meanwhile, the broker also opened a new Western European office in Dublin, Ireland​, to support its business growth in the European market.

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