Automated global electronic broker Interactive Brokers (NASDAQ:IBKR) announced the introduction of AI-generated news summaries to its News & Research offering.
This advanced feature, available at no additional cost, enables clients to access concise summaries of news articles, streamlining insights from leading providers and making it easier for investors to stay informed.
Leveraging the power of AI, this tool extracts market-relevant information, allowing clients to quickly scan for important updates and giving them more time to make informed decisions and manage their portfolios. This, along with the ability to filter news related to stocks in portfolios and watchlists, makes it easy for users to stay updated on coverage directly impacting their investments.
“Artificial intelligence enables us to deliver valuable insights in seconds, helping our clients understand how breaking news may affect their portfolios,” said Steve Sanders, EVP of Marketing and Product Development, at Interactive Brokers. “Our AI-generated news summaries feature gives investors a powerful way to pinpoint the information that matters most, making research fast, accessible, and impactful.”
The AI-generated news summaries feature is available to eligible clients of the Interactive Brokers affiliates in Canada, the UK, Ireland, Hong Kong, Singapore, Australia, and Japan. Interactive Brokers is discussing with its regulators a potential expansion of AI-generated new summaries to clients of IB LLC.
In addition to AI-generated news summaries, Interactive Brokers enhanced its Hot News feed to utilize AI to tag articles as notable. This feature is available to all clients worldwide.