Electronic trading major Interactive Brokers (NASDAQ:IBKR) today announced a significant expansion of trading hours for US Treasuries on its platform.
Clients around the world can now trade US Treasuries 22 hours a day. The meeting closes daily at 5:00 p.m. Eastern Time (ET), reopens at 8:00 p.m. Eastern Daylight Time (EDT) and continues until 5:00 p.m. of the following day. During Eastern Standard Time (EST), the market is open from 7:00 p.m. to 5:00 p.m.
This is a significant increase from the previous nine hours per day.
This extension particularly serves Interactive Brokers clients globally, allowing them to trade US Treasuries during their local trading hours. In addition, all customers now have the ability to quickly respond to global market news and financial events as they happen, regardless of time or location.
“The extended trading hours for US Treasuries represent a significant enhancement to our offerings,” said Thomas Frank, Executive Vice President of Interactive Brokers. “It is part of an ongoing effort to expand our bond offering by adding new coverages, products, venues and liquidity. Our goal is to provide our clients with the most flexible and comprehensive trading environment possible. With clients in more than 200 countries and territories, it is important that we meet their needs and provide opportunities to trade on a schedule that best suits them, especially in such a critical market as US Treasuries.”
By extending trading hours, Interactive Brokers enhances accessibility to these instruments, allowing investors to manage their portfolios more efficiently. This flexibility can potentially lead to more profitable trading and better risk management.
Interactive Brokers offers a wide range of bonds, with more than 1 million corporate, municipal, government and non-US government bonds available. IBKR provides them with no mark-ups or embedded spreads and charges low, transparent commissions. Clients also benefit from free access to the powerful IBKR Bond Marketplace search tool, which allows them to search and compare bonds by type, duration, yield and other criteria to tailor their investments to their specific needs and goals.