Interactive Brokers Expands Access to Prediction Markets with Nearly 24/6 Trading
Clients Can Now Trade Forecast Contracts on Key Economic, Government, and Climate Events Around the Clock, Six Days a Week
Interactive Brokers (NASDAQ:IBKR), an automated global electronic broker, today announced the launch of expanded trading hours for Forecast Contracts. Eligible clients can now trade Forecast Contracts nearly 24 hours a day, Sunday through Friday. This provides the flexibility to manage risk and express market views on economic, government, and climate events whenever opportunities occur.
Forecast Contracts provide a straightforward and cost-effective way to take a position on the outcomes of significant economic, government, and environmental events. Each contract is a "Yes" or "No" question, such as, "Will the United States economy enter a recession by the end of Q2 2025?" and allows investors to buy a position depending on their outlook.
"Today's markets react instantly to events happening across geographies and time zones," said Steve Sanders, EVP of Marketing and Product Development, at Interactive Brokers. "By extending trading hours for Forecast Contracts, we're offering clients the flexibility to act on critical market developments as they unfold, regardless of when they happen."
Forecast Contracts are available on multiple IBKR trading platforms, including IBKR Mobile, IBKR Desktop, Trader Workstation (TWS), Client Portal, and IBKR ForecastTrader, a dedicated web-based platform. Contracts are priced between USD 0.02 and USD 0.99 based on the market's assessment of each event's probability. A correct prediction settles at USD 1.00; an incorrect one settles at zero, providing a transparent, real-time indicator of investor sentiment.
Forecast Contracts are offered by ForecastEx LLC, a CFTC-regulated and wholly owned subsidiary of Interactive Brokers. They are available to eligible clients of Interactive Brokers LLC (US), Interactive Brokers Canada Inc., and Interactive Brokers Hong Kong.
To view live market prices and begin trading, visit:
IBKR ForecastTrader – US and countries served by IB LLC
IBKR ForecastTrader – Canada
IBKR ForecastTrader – Hong Kong
The best-informed investors choose Interactive Brokers
About Interactive Brokers Group, Inc.:
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 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 have 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. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com, and many others.
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Contacts for Interactive Brokers Group, Inc. Media: Katherine Ewert, [email protected]