Global electronic broker Interactive Brokers has added European stock options and European index futures and options through Cboe Europe Derivatives (CEDX).
Malin Galik
The move will offer Interactive Brokers’ clients another means to trade European equity derivatives alongside a wide range of global financial instruments, including stocks, options, futures, etc., from a single unified platform.
Access to CEDX coincides with Interactive Brokers’ existing European equity derivatives offering through Eurex and Euronext, providing clients with an added route to manage European investments.
“The introduction of Cboe Europe Derivatives underscores our commitment to providing clients with an extensive range of products to enhance their trading strategies at low cost,” said Milan Galik, chief executive of Interactive Brokers.
“As investors increasingly use derivatives to diversify and fine-tune market exposure, CEDX broadens the investment options available for our clients.”
Interactive Brokers’ clients will have access to more than 300 stock options, through CEDX, based on European cominies from 14 countries and European equity index derivatives.
Futures and options contracts based on Cboe Europe single country and pan-European indices are also available via benchmarks including Cboe Eurozone 50, Cboe Germany 40 and Cboe UK 100.
“We’re thrilled that clients of Interactive Brokers can now access Cboe Europe Derivatives’ suite of pan-European equity derivatives contracts,” said Iouri Saroukhanov, head of European derivatives at Cboe Europe.
“This is a significant milestone in CEDX’s journey to improve the ability of retail investors to gain access to and benefit from European derivatives, particularly options.”