Electronic trading major Interactive Brokers has beefed up the functionalities of Client Portal, its web application that serves as traders’ one-stop destination to check quotes and place trades, see account balances, P&L and key performance metrics, as well as funding and reporting.
The recent set of enhancements includes Quote Details updates and the addition of new homepage widgets.
Traders can now move from contract to contract in Quote Details. For contracts in the same Watchlist, they can use the left/right arrows to the left of the symbol to move through contracts in Quote Details.
Home page now includes a [email protected] widget so that traders can always see the latest IBKR feature and platform updates. Also, Home page includes new Statements widget that provides access to one’s activity statements for the past six months.
In addition, the Client Portal Benchmark Graphs are now populated using the same functionality used to create the Historical Perfomance Benchmark charts for PortfolioAnalyst.
Traders can see market indices ticking along the top of Client Portal.
Let’s recall that, effective July 2020, users of the Client Portal can align their investment with their principles. That is because Interactive Brokers has expanded its Environmental, Social, and Governance (ESG) ratings functionality to include the ability to identify companies engaging in controversial business practices that do not align with investors’ values.
Investors can use the ESG tab in Fundamentals Explorer to tag such activities that concern them, such as:
- Animal testing: Companies selling personal and household products and services that are tested on animals.
- Business ethics controversies: Companies associated with the highest number of ethical, political and corruption-related controversies, as reported in the media.
- Corporate political spending and lobbying: Companies that donate the most in support of political parties/candidates and spend the most on lobbying, relative to size.
- Energy intensive: Companies with the highest total energy usage.
- Fossil fuels: Companies that operate in the coal industry and /or are among the largest producers of oil.
- Greenhouse emissions: Companies with the highest reported direct and indirect CO2 emissions.
- Hazardous waste: Companies responsible for creating the largest volume of hazardous waste.
- High-water usage: Companies with the highest levels of water withdrawals.
- Tobacco, alcohol and gambling: Companies that derive revenue from the sale of tobacco and alcohol or from gambling activities.
- Weapons and gun manufactures: Companies that derive revenue from the sale of military equipment and weapons.
When investors are researching a company in Fundamentals Explorer, they can look at the Principles section of the ESG Scores/Principles widget on the Overview page to see how a company’s practices align with the principles they hold.