Electronic trading major Interactive Brokers has released a new version of its investment app for iOS-based devices. Version 8.80 of the solution offers improved look of partitions in the portfolio and additional tools.
- The account management section has added direct access to Tax Forms. This now includes the ability to share or download these forms onto your device.
- In settings, there is a new option to enable Edge Gestures on the Quote Details, Orders & Trades, and Order Entry pages. This allows you to more easily use one hand when using these highly used screens.
- Bug fix and stability improvements.
In one of the preceding versions of the app, support for algo trading for stocks was introduced. Algos efficiently carry out specific instructions designed to gain speed and accuracy and often reduce costs over manual order types.
To use IB Algos tap the Algos toggle in the Order Types list and choose an algo. Define parameters as needed before submitting the order.
Interactive Brokers regularly updates its trading solutions. In February 2021, the broker released a new version of the app which offers improved news and research reader that makes it easy to find the content traders really want to read. Users of the app can search by topic, symbol or keyword and save their search for future viewing.
The app also offers conditions (and) (or) (not) for more precise results. Personalized “My News” tab provides relevant reports and headlines based on one’s activity, and lets users add/remove topics as needed.
Interactive Brokers has also embedded TV and video just below the Search field for easy access.
The company has recently added Impact Dashboard, an innovative sustainable investment tool, to the IBKR mobile app.