Interactive Brokers joins Cboe Europe Derivatives as new buying and selling participant

Cboe Europe Derivatives (CEDX) has welcomed Interactive Brokers as a participant, offering its purchasers with entry to CEDX’s fairness index derivatives and fairness choices this quarter. 

Milan Galik

Interactive Brokers has change into a direct buying and selling participant on CEDX and a direct clearing participant for fairness derivatives on Cboe’s pan-European clearing home and CEDX’s clearing supplier, Cboe Clear Europe.

“We’re thrilled to welcome Interactive Brokers to CEDX, which represents a big milestone within the trade’s journey to enhance the flexibility of retail buyers to realize entry to and profit from European derivatives, notably choices,” mentioned Iouri Saroukhanov, head of European derivatives at Cboe Europe.

“Interactive Brokers has been a powerful collaborator to our profitable US choices markets for a few years, and we sit up for strengthening this collaboration with them in Europe to assist enhance and develop derivatives markets within the area.”

Launched in September 2021, CEDX initially supplied buying and selling in futures and choices based mostly on key Cboe Europe single nation and pan-European indices, with clearing offered by Cboe Clear Europe.

In November final yr, CEDX expanded into fairness choices, with future growth of those merchandise in Q1 2024. The derivatives trade now gives contracts on over 300 European firms.

“We’re happy to introduce entry to CEDX and provides our purchasers a further option to commerce European derivatives alongside our current international shares, choices, futures, currencies, bonds, funds and extra from a single unified platform,” mentioned Milan Galik, chief government at Interactive Brokers.  

“With the addition of CEDX’s in depth European fairness choices and index derivatives, our purchasers now get pleasure from enhanced alternative and adaptability, enabling them to handle their European investments extra successfully.”