Forecast Contracts Offer Canadian Investors a New Way to Trade on Economic, Political, and Climate Outcomes
GREENWICH, Conn., April 01, 2025--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the Canadian launch of Forecast Contracts. This new product allows Canadian investors to trade directly on the outcomes of events that impact markets, including economic data releases, political decisions, and climate trends. Already available to investors in the US, this expansion reflects the growing demand for predictive tools that help investors manage risk in an uncertain global environment.
Forecast Contracts offer a straightforward and affordable way to express a view or hedge against the outcome of key market-moving events. For example, if an investor believes inflation will rise above a certain level, they can buy a "yes" contract, or if they think it won't, they can buy a "no" contract instead.
Available through IBKR ForecastTrader, a dedicated web platform, and IBKR’s other trading platforms, Forecast Contracts are based on clear, outcome-based questions, such as "Will the Canada Overnight Rate target be set above 2.75% at the Governing Council meeting ending April 16, 2025?" Eligible clients in Canada can access the platform using their existing Interactive Brokers login credentials.
"Forecast Contracts allow investors to engage with the most important questions driving today's markets, from inflation and interest rates to geopolitical developments and climate change," said Steve Sanders, Executive Vice President of Marketing and Product Development at Interactive Brokers. "They provide a direct and accessible way to manage risk and express market views through a focused, easy-to-use platform."
Each contract is priced between USD 0.02 and USD 0.99, based on the market's assessment of the probability that the event will occur. If the investor is correct, the contract settles at USD 1.00. If not, it settles at zero. These dynamic prices reflect the evolving consensus of market participants and provide a real-time view of market sentiment.
Forecast Contracts are available to clients of Interactive Brokers LLC, Interactive Brokers Canada Inc. and Interactive Brokers Hong Kong, and are operated by ForecastEx LLC, a CFTC-regulated, wholly owned subsidiary of Interactive Brokers.
To view live contract prices and begin trading, visit: IBKR ForecastTrader - Canada
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250331393364/en/
Contacts
Media: Katherine Ewert, media@ibkr.com
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。