Interactive Brokers Introduces Fractional Shares Trading in European Stocks and ETFs
Expanded Offering Builds on Success of U.S. Fractional Shares
With fractional shares, there is no minimum for European shares and investors can invest in U.S. shares with as little as USD 1.00, irrespective of the stock price. Investors can use fractional shares to maximize returns by putting small cash balances to work quickly, instead of holding cash and potentially earning lower returns. In addition, Interactive Brokers offers cash quantity stock orders, which lets clients place orders in a specific cash amount. Fractional shares will automatically be bought or sold if the cash amount does not line up with a whole number of shares.
“Interactive Brokers was the first big broker to introduce fractional trading in U.S. shares and it’s been very popular with our clients,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “Adding European fractional shares gives investors the opportunity to trade across markets in a more affordable way, in addition to the benefit of investing in more stocks to help clients achieve diversified portfolios.”
Fractional shares trading is available on all of Interactive Brokers’ powerful trading platforms including IBKR GlobalTrader, a simple mobile trading application for investors to trade stocks around the world. European stocks and ETFs listed on select exchanges, and with average daily volume above $5 million and market cap above $5 billion, are eligible for European fractional shares trading.
For additional information, please visit:
United States and countries served by LLC: Fractional Shares https://www.interactivebrokers.com/en/trading/fractional-trading.php
Canada: Fractional Shares https://www.interactivebrokers.ca/en/index.php?f=45718
United Kingdom: Fractional Shares https://www.interactivebrokers.co.uk/en/index.php?f=45721
Western Europe: Fractional Shares https://www.interactivebrokers.ie/en/index.php?f=45718
Central Europe: Fractional Shares https://www.interactivebrokers.hu/en/index.php?f=45721
Australia: Fractional Shares https://www.interactivebrokers.com.au/en/index.php?f=45721
Hong Kong: Fractional Shares https://www.interactivebrokers.com.hk/en/index.php?f=45718
India: Fractional Shares https://www.interactivebrokers.co.in/en/index.php?f=45721
Singapore: Fractional Shares https://www.interactivebrokers.com.sg/en/index.php?f=45718
About Interactive Brokers Group, Inc.:
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 service 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. For the fifth consecutive year, Barron’s ranked Interactive Brokers #1 with 5 out of 5 stars in its March 25, 2022, Best Online Brokers Review.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220531005157/en/
Website: https://www.interactivebrokers.com.hk/en...
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Interactive Brokers Group, Inc.
Katherine Ewert
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This news is a press release provided by Interactive Brokers Group, Inc.. Korea Newswire follows these editorial guidelines.
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