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 the following CME event contracts, and to trade, just choose YES or NO.
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.
Choose from event contracts in stock indexes, energy, metals, and foreign currencies.
Trade YES or NO positions based on your view of whether the event will happen. The "YES" price is determined by the probability that an event will happen.
You can earn the difference between the purchase price and the closing price for each contract you own.
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.