Online broker Interactive Brokers (Nasdaq:IBKR) has announced the availability of Daily Options on the CAC 40 index, further expanding Interactive Brokers’ strong suite of products. Daily Options on the CAC 40 provide experienced investors with another means of executing short-term strategic trades and managing exposure to the French stock market.
Commenting on the launch, Milan Galik, CEO of Interactive Brokers,
“We are pleased to offer Daily Options on the CAC 40® index, which will allow our clients to balance risk and quickly adjust their portfolios to market movements. At Interactive Brokers, we strive to equip our clients with a suite of products to find global opportunities, and this new offering underscores our commitment to providing traders with end-to-end product solutions.”
Daily Options on the CAC 40 index meet the growing demand from institutional and retail investors for options with daily expirations. These options offer a unique opportunity to participate in short-term trading strategies at a potentially lower cost due to the shorter time frame and thus reduced time value.
Interactive Brokers said it has long been recognized for its advanced trading technology and wide range of products, enabling traders to access global markets efficiently. The inclusion of Daily Options in the CAC 40 index is in line with the company’s strategy to continuously improve its product offerings and support the trading strategies of its global clients.
About Interactive Brokers
Interactive Brokers Group affiliates provide round-the-clock automated trade execution and custody of securities, commodities and foreign exchange in more than 150 markets across multiple countries and currencies from a single 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 attractive execution and trading rates, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior investment returns.