Interactive Brokers Introduces Options Trading on GlobalTrader and IMPACT Mobile Apps – Interactive Brokers Gr (NASDAQ:IBKR)

The global automated electronic brokerage company, Interactive Brokers Group, Inc. IBKR recently launched options trading on its IBKR GlobalTrader and IMPACT trading apps.

What’s new: IBKR’s GlobalTrader and IMPACT products include an Options Wizard and an Options Chain to help users understand options and learn how to trade them.

While the Options Wizard helps investors create their combo strategies, the Options Chain offers independent investors a way to choose a single option or build a step-by-step strategy from a simplified view.

Also Read: 7 Best Options Trading Examples • 2022

Regarding the new initiative, Steve SanderExecutive Vice President of Marketing and Product Development at Interactive Brokers, said, “We continue to develop tools that allow investors to make informed investment decisions that can enhance their trading strategies.”

“The simplicity of the IBKR GlobalTrader and IMPACT apps along with the guidance of the options tools provide any investor with an easy way to learn and start trading options,” he added.

Why is this important: IBKR’s GlobalTrader app includes a tool for trading crypto in Bitcoin BTC/USD, bitcoin money BCH/USD, Ethereum ETH/USD Where Litecoin LTC/USD through Paxos Trust Company and the IBKR GlobalTrader app. Cryptocurrency trading is available for clients of IB LLC.

Interactive Brokers plans to add options trading in IBKR GlobalTrader and IMPACT in other entities soon.

Investors trading with IBKR GlobalTrader benefit from the global expertise of Interactive Brokers, serving more than 1.99 million accounts in more than 200 countries and territories.

Photo: Courtesy of interactivebrokers.com