Interactive Brokers Extends Treasury Trading Hours to 21
Interactive Brokers has increased US Treasury bond trading hours to 21 hours per day from nine.
Interactive Brokers has announced to the public that the trading hours for US Treasury bonds have been extended to twenty-one hours per day. Clients can now access the trading platform from 8:00 PM Eastern Time (ET) until 5:00 PM Eastern Daylight Time (EDT) the following day, with a temporary interruption from 5:00 PM to 8:00 PM. This move aims to allow them to maintain operational flexibility across multiple time zones and swiftly respond to global market fluctuations.
Thomas Frank, Executive Vice President of Interactive Brokers, stated that this decision demonstrates the organization's commitment to improving its bond products. This extension is a fundamental component of their strategy to enhance customer experience, providing clients with a broader range of product, platform, and liquidity choices.
Frank emphasized the criticality of meeting the demands of international clients from over two hundred countries and regions. Consequently, they have implemented a trading schedule accommodating various time zones globally.
Interactive Brokers offers diverse bond products, including municipal, corporate, government, and non-US sovereign bonds. Additionally, the company provides the IBKR Bond Marketplace Search tool free of charge, enabling clients to tailor their investment strategies according to their individual preferences and goals.
Recently, Interactive Brokers launched CFD (Contract for Difference) options products, entering the Japanese market to broaden its service portfolio. Japanese traders can now participate not only in European trading activities but also in other international markets. While this creates opportunities for both long and short positions, it also offers investors a wider range of trading opportunities.
Furthermore, the company offers traders a plethora of supplementary features and functionalities available on the platform. Such information is included in Interactive Brokers reviews, covering pros and cons, fee structures, account types, and more.
According to Interactive Brokers, the minimum commission structure for US stock CFD trading is $0.0055 per share. Commission fees vary across different markets we operate in, with Japanese stock CFDs averaging 0.033% and Singapore stock CFDs averaging 0.121%.
Interactive Brokers recently announced profitable performance, surpassing market expectations. In the first three months of this year, revenue increased by 13% to $1.2 billion. Client accounts grew by 25% to 2.75 million, with this platform's commission revenue being a significant driver, reaching $379 million.
The strategic initiatives and expansion of Interactive Brokers demonstrate the company's commitment to providing a comprehensive trading experience to a global clientele. These and other developments significantly ensure the provision of top-quality services in the fiercely competitive global financial markets.
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