Interactive Brokers adds detailed US IPO data to Events Calendar in TWS platform
Electronic brokerage Interactive Brokers has updated its TWS platform, with the latest (beta) version of the solution offering an enhanced Events Calendar.
The redesigned Events Calendar can help traders stay on top of current and upcoming economic and corporate events for companies around the globe. The latest addition – detailed IPO data from Renaissance Capital LLC – makes it easy to track upcoming US IPOs scheduled to start trading today, tomorrow, next week and beyond.
Traders can use filters to decide whether they want to see all upcoming IPOs, or only those related to companies in their portfolio and Watchlists. Select an IPO headline for a snapshot of valuable IPO data and insights from Renaissance Capital LLC including filed and trade date, IPO price, deal size, market cap at offer, shares offered, total shares and more.
To open the Events Calendar, use the Mosaic New Window drop down list or the Analytical Tools menu in Classic Layout. From the list of actions and events toggle on the IPOs feature. Use the Only Show My Companies toggle to set display filters. Select a date from the calendar to see that day’s scheduled IPOs.
Let’s note that the latest TWS beta release also enables Financial Advisors to help clients realize tax benefits of capital loss using the Allocation Order Tool. Preview potential losses on stocks, and pre-allocate lots for all or multiple accounts to harvest these capital losses.
To use this feature, select an asset with an expected loss, for example a long or short position with negative unrealized P&L, or a long or short position that has an average price higher/lower than the expected price to liquidate the position. Open the Allocation Order tool to see the list of accounts invested in the asset.