Interactive Brokers Introduces New Trading Platform IBKR EventTrader to Trade Event Contracts

Interactive Brokers, an automated global electronic broker, has introduces its new trading platform, IBKR EventTrader.

IBKR EventTrader lets investors buy and sell event contracts, which gives investors a new and straightforward way of participating in key futures markets. Event contracts are based on the outcome of an event and are short-term positions good for that trading day only.

Event contracts let investors express their view on whether the price of key futures markets will move up or down by the end of each day's trading session. Investors can select from event contracts in the Equity Index, Energy, Metals and Foreign currency futures markets, and to trade, just choose "YES" or "NO" on an event contract on the trading platform.

Interactive Brokers has been improving its online trading service. Last month, the broker further enhanced its portal's functionalities​, focusing on fee charge and account queries. Last July, it also made several upgrades to its portal​, which mainly concerned client report delivery and account queries.