Interactive Brokers Introduces Fractional Shares Trading in European Stocks and ETFs
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of fractional shares trading for European stocks and ETFs. Clients of Interactive Brokers can now buy and sell fractional shares of eligible U.S. and European stocks and ETFs, providing a simple way to build a balanced portfolio and invest in shares regardless of the share price. Fractional shares are stock units that amount to less than one full share.
With fractional shares, there is no minimum for European shares and investors can invest in U.S. shares with as little as USD 1.00, irrespective of the stock price. Investors can use fractional shares to maximize returns by putting small cash balances to work quickly, instead of holding cash and potentially earning lower returns. In addition, Interactive Brokers offers cash quantity stock orders, which lets clients place orders in a specific cash amount. Fractional shares will automatically be bought or sold if the cash amount does not line up with a whole number of shares.
“Interactive Brokers was the first big broker to introduce fractional trading in U.S. shares and it’s been very popular with our clients,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “Adding European fractional shares gives investors the opportunity to trade across markets in a more affordable way, in addition to the benefit of investing in more stocks to help clients achieve diversified portfolios.”
Fractional shares trading is available on all of Interactive Brokers’ powerful trading platforms including IBKR GlobalTrader , a simple mobile trading application for investors to trade stocks around the world. European stocks and ETFs listed on select exchanges, and with average daily volume above $5 million and market cap above $5 billion, are eligible for European fractional shares trading.
For additional information, please visit:
United States and countries served by LLC: Fractional Shares
Canada: Fractional Shares
United Kingdom: Fractional Shares
Western Europe: Fractional Shares
Central Europe: Fractional Shares
Australia: Fractional Shares
Hong Kong: Fractional Shares
India: Fractional Shares
Singapore: Fractional Shares
About Interactive Brokers Group, Inc.:
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 150 markets in numerous countries and currencies, from a single unified platform to clients worldwide. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. For the fifth consecutive year, Barron’s ranked Interactive Brokers #1 with 5 out of 5 stars in its March 25, 2022, Best Online Brokers Review.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
NY-PYRAMID-ANALYTICS29.6.2022 14:02:05 CEST | Press release
Pyramid Analytics Wins 2022 Ventana Research Digital Innovation Award in Analytics Category
CO-WESTERN-UNION29.6.2022 14:02:05 CEST | Press release
Western Union Highlights ESG Progress and Recognitions Received
GPS29.6.2022 13:16:12 CEST | Press release
GPS Announces New Senior Leadership Changes
CA-ANDERSEN-GLOBAL29.6.2022 13:11:10 CEST | Pressemeddelelse
Andersen Global går ind i New Zealand og tilføjer to samarbejdende virksomheder
CA-VELODYNE-LIDAR29.6.2022 12:50:02 CEST | Press release
Velodyne Lidar CMO Sally Frykman Wins Woman of the Year Award at Sensors Converge Conference
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom