Online broker Interactive Brokers (Nasdaq:IBKR) has announced the availability of Daily Options on the CAC 40 index, further expanding Interactive Brokers’ robust product suite. Daily Options on the CAC 40 index provide experienced investors with another means to execute short-term trading strategies and manage exposure to the French stock market.
Milan Galik, Chief Executive Officer of Interactive Brokers, commented on the launch,
“We are pleased to offer Daily Options on the CAC 40® index, which will allow our clients to balance risk and swiftly adjust their portfolios in response to market movements. At Interactive Brokers, we strive to equip our clients with an array of products to find global opportunities, and this new offering underscores our commitment to providing traders with comprehensive product solutions.”
Daily Options on the CAC 40 index cater to growing demand from institutional and retail investors for options with daily expirations. These options offer a unique opportunity to engage in short-term trading strategies with potentially lower costs due to their shorter time frame and thus decreased time value.
Interactive Brokers said that it has long been recognized for its advanced trading technology and wide range of products, making it possible for traders to access global markets efficiently. The introduction of Daily Options on the CAC 40 index aligns with the company’s strategy to continuously enhance its product offerings and support the trading strategies of its global clients.
About Interactive Brokers
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, and foreign exchange around the clock on over 150 markets in numerous countries and currencies, from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments.
