Interactive Brokers Launches Fractional Shares Trading in Canadian Stocks and ETFs

One year after launching fractional shares trading in European stocks and ETFs​, Interactive Brokers, a major American electronic trading provider, has announced the launch of fractional shares trading for Canadian stocks and ETFs. Customers of the broker can now trade fractional shares of all stocks and ETFs listed on the Toronto Stock Exchange and on CBOE Canada, plus eligible US and European stocks and ETFs.

"Fractional shares trading continues to be an easy and economical way for investors of any level to construct or add to their portfolios," commented Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. "Fractional shares trading has been extremely popular for US and European stocks and ETFs, and we are excited to broaden our offering to include Canadian shares."

Fractional shares offers investors a simple way to build a balanced portfolio, allowing them to achieve a better diversified portfolio with smaller investment, thereby maximizing potential returns. At present, a number of well-known brokers in the industry, such as ActivTrades, RoboMarkets​, BUX, Saxo Bank, Admirals​ and Quantfury​, have launched fractional shares trading for various financial instruments.