IBKR EventTrader lets investors buy and sell event contracts, which gives investors a new and straightforward way of participating in key futures markets. Event contracts are based on the outcome of an event and are short-term positions good for that trading day only.
Event contracts let you express your view on whether the price of key futures markets will move up or down by the end of each day's trading session. You can select from CME listed event contracts in the Equity Index, Energy, Metals and Foreign currency futures markets, and to trade, just choose YES or NO on an event contract.
Event contracts provide exposure to key futures markets while limiting your risk because the most you can lose on each contract is the price you pay for the contract.
For each event contract you hold that expires “in the money”, in reference to the underlying futures settlement price, you receive a fixed payout of USD 20.00. Your max profit per contract is USD 20.00 minus the contract cost, fees and commissions. Event contracts are priced between USD 0.25 to USD 19.75 per contract and quoted in USD 0.25 increments.
Interactive Brokers offers a low, transparent commission of just USD 0.10 per event contract. Learn More
Interactive Brokers clients can use their existing login credentials to access IBKR EventTrader.
If you already have Futures trading permission, you are permissioned for Event Contracts. If you do not have Futures trading permission but would like to trade Event Contracts:
Trading permissions are usually approved overnight.
Interactive Brokers (Nasdaq: IBKR) is an automated global electronic broker that serves individual investors, hedge funds, proprietary trading groups, registered investment advisors and introducing brokers.
Our four-decade focus on technology and automation allows us to provide our clients with a uniquely sophisticated, low-cost global platform for managing investments.
Our clients enjoy low-cost access to stocks, options, futures, currencies, bonds and funds from a single unified platform.