Electronic trading major Interactive Brokers (NASDAQ:IBKR) has announced updates to the IBKR Desktop trading platform.
The most recent updates include:
Options Tools:
- Options Wizard: Identify options strategies that match a market outlook.
- Option Chain in Custom Layouts: Add one or multiple option chains into layouts and customize data columns to show option-specific data, such as the Greeks or Implied Volatility, and use color grouping to connect to other tools in the custom layout area, such as the Rapid Order Entry, to create trades.
- Options Screeners: Sort and scan for option data with new dedicated sections and sub-tabs that offer complex combination strategies volume and trades for the day, among other features.
Charting Enhancements:
- Symbol Comparison: Compare multiple symbols on a single chart and add multiple assets to the same chart to analyze relative performance, correlation and trend patterns.
- Volume Candles: Visualize market activity that reflects price movements relative to traded volume to provide a clearer view of where the most significant trading activity takes place.
- Customizable Date Range: Choose a specific date or go to a custom date range.
- Hot News: View the latest news stories relevant to a specific symbol.
- Indicators: Pivot Point Standard, Volume Profile Fixed Range, 52 Week High/Low, Accelerator Oscillator, Correlation Coefficient, True Strength Index and more.
With IBKR Desktop, clients can trade stocks, options, futures, currencies, bonds, and funds on over 150 markets worldwide and access popular and exclusive tools that prioritize customization and flexibility. MultiSort allows clients to sort data using multiple factors simultaneously, while Options Lattice presents a graphical options chain highlighting potential outliers in key metrics.
Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers, commented:
“Responding to client feedback, we built IBKR Desktop from the ground up to leverage our proven technology and support an expanding suite of services. The result is a sophisticated yet intuitive trading platform for traders of all levels.”
