Interactive Brokers adds EventTrader functionality to mobile app
Electronic trading major Interactive Brokers has added EventTrader to its mobile trading app.
EventTrader lets the users of the IBKR app trade their opinion on the price movement of key futures markets, like equity indices, metals, and more.
Will the S&P close above 3900 today? Will gold close above 1700 today? Traders can take a position on daily price predictions to gain exposure to the futures markets while limiting risk. Event contracts are short-term positions good for that trading day only.
Open EventTrader from the “More” menu. Note that this feature requires trading permissions.
Interactive Brokers has been regularly updating its apps. Recently, the brokerage has added Options Wizard to its GlobalTrader mobile app.
The tool will be of use to those traders who are interested in trading options but are not sure where to start. Enter your outlook on the future of the underlying’s price movement and the wizard presents some standard strategies that you can filter by aggressiveness, Probability of Profit, Max Gain and more.