Interactive Brokers releases new build of TWS platform
Electronic trading major Interactive Brokers has released build 983 of its TWS platform, with enhancements ranging from new responsible investing offerings to better news and research.
In the latest release of TWS, Interactive Brokers has expanded its responsible investing offerings even more with the interactive Impact Dashboard, which incorporates a new data source from TruValue Labs that scores companies against the Sustainability Account Standards Board (SASB) criteria.
Traders can use the Impact Dashboard to evaluate and potentially adjust their portfolio to invest in companies whose responsible world view coincides with their own. Users the platform get to choose the impact values and principles that are important to them, like Racial Equality and No Animal Testing. Then they can let the Impact Dashboard analyze and grade their portfolio based on how their positions align with their principles.
Also, the latest release of the platform enables traders to see current and trending market sentiment scores for companies in their Watchlist, Portfolio and throughout TWS with social sentiment data from Social Market Analytics Inc (SMA). Data is derived from the content and volume of unique Tweets, which have been triple-filtered for relevance and credibility from the daily Twitter stream of over 500 million Tweets.
Current data coverage includes the entire US equity universe, over 3000 global ETFs and the LSE FTSE 1000, with content updating every 1 minute.
In addition, US stock orders submitted using the Accumulate/Distribute algo and BasketTrader now provide a new “Duration” field to use in conjunction with the GTD (Good-Til-Date/Time) time-in-force attribute. This TIF allows traders to define the time period over which the order will work before being cancelled. Currently they need to enter the expiration date and time. The new “Duration” field will auto-calculate the expiration date/time for them.
Recent enhancements to the platform also include a new advanced news and research “Search” tool which makes it easier to find the content traders really want to read.