Electronic trading of a large interactive interactive Inc (NASDAQ: IBKR) interactive group announced today the expansion of prediction contracts in Europe.
Event -based contracts allow investors to take positions in clearly defined results related to economic, economic and climate indicators. The negotiation is available almost 24 hours a day, 6 days a week.
Forecasting contracts provide a simple way to express an opinion or manage the risk associated with a particular event. Each prediction contract is based on a simple question yes or no. For example, an investor who believes that the US Federal Bank will increase Fed Funds’ target rate over 3.875% at the FOMC meeting expiring on July 30, 2025, may buy a “yes” contract. If correct, the contract is settled in USD 1.00. If it is incorrect, it is installed at zero. Prices range from US $ 0.02 to $ 0.99, reflecting the likelihood of market outcome.
“Investors worldwide are increasingly looking for tools that help them manage the dangers based on events accurately and simplicity,” said Milan Galik, chief executive of Interactive Brokers. “By expanding access to prediction contracts in Europe, we are giving investors more ways to act for their views and manage the danger through the integrated, global platform.”
Investors can exchange through the IBKR Forecasttrader, a special internet internet or other interactive brokers platforms.
Forecasting contracts are available to the eligible clients of Interactive Brokers LLC, interactive Messiah Ireland Limited, Interactive Brokers Canada Inc. and the interactive Messenger Hong Kong Limited. The product is listed by Fearastex LLC, an interactive mediation subsidiary and a specified CFTC contract contract. Availability may vary depending on the jurisdiction and eligibility of customers.