Interactive Brokers Announces Trading in Election Forecast Contracts Surpasses 1,000,000 on Successful Launch
Interactive Brokers (Nasdaq: IBKR) announced that trading in Election Forecast Contracts has surpassed 1,000,000 since their launch on October 3, 2024. These contracts allow eligible US investors to trade predictions on political outcomes, economic data releases, and climate indicators via the ForecastEx exchange.
Investors can trade on various 2024 US election outcomes, including presidential candidates and party majorities in the House and Senate. Forecast Contracts are priced between $0.02 and $0.99, reflecting market consensus on event likelihood. Correct predictions settle at $1, while incorrect ones settle at $0. Investors also earn a 4.33% APY incentive coupon on their positions' daily closing value.
Thomas Peterffy, Founder and Chairman of Interactive Brokers, noted the substantial demand for election-focused contracts, highlighting the growing relevance of political prediction markets. ForecastEx , a CFTC-regulated subsidiary of Interactive Brokers, operates these contracts, which are available only to eligible US residents.
Interactive Brokers (Nasdaq: IBKR) ha annunciato che il trading nei Contratti di Previsione Elettorale ha superato 1.000.000 dalla loro introduzione il 3 ottobre 2024. Questi contratti consentono agli investitori statunitensi idonei di negoziare previsioni su risultati politici, pubblicazione di dati economici e indicatori climatici tramite l'exchange ForecastEx.
Gli investitori possono operare su vari risultati delle elezioni statunitensi del 2024, inclusi i candidati presidenziali e le maggioranze nei partiti della Camera e del Senato. I Contratti di Previsione sono prezzati tra $0.02 e $0.99, riflettendo il consenso del mercato sulla probabilità degli eventi. Le previsioni corrette si regolano a $1, mentre quelle errate si regolano a $0. Gli investitori guadagnano anche un coupon incentivo APY del 4,33% sul valore di chiusura giornaliero delle loro posizioni.
Thomas Peterffy, Fondatore e Presidente di Interactive Brokers, ha notato la sostanziale domanda per contratti focalizzati sulle elezioni, evidenziando la crescente rilevanza dei mercati di previsione politica. ForecastEx, una sussidiaria regolamentata dalla CFTC di Interactive Brokers, gestisce questi contratti, disponibili solo per i residenti statunitensi idonei.
Interactive Brokers (Nasdaq: IBKR) anunció que el comercio en Contratos de Pronóstico Electoral ha superado 1.000.000 desde su lanzamiento el 3 de octubre de 2024. Estos contratos permiten a los inversores estadounidenses elegibles negociar pronósticos sobre resultados políticos, publicaciones de datos económicos e indicadores climáticos a través de la bolsa ForecastEx.
Los inversores pueden comerciar sobre varios resultados de las elecciones estadounidenses de 2024, incluidos los candidatos presidenciales y las mayorías de los partidos en la Cámara y el Senado. Los Contratos de Pronóstico tienen precios entre $0.02 y $0.99, reflejando el consenso del mercado sobre la probabilidad del evento. Las predicciones correctas se liquidan a $1, mientras que las incorrectas se liquidan a $0. Los inversores también obtienen un cupón de incentivo APY del 4.33% sobre el valor de cierre diario de sus posiciones.
Thomas Peterffy, fundador y presidente de Interactive Brokers, destacó la considerable demanda por contratos enfocados en elecciones, subrayando la creciente relevancia de los mercados de predicción política. ForecastEx, una subsidiaria regulada por la CFTC de Interactive Brokers, opera estos contratos, que están disponibles solo para residentes estadounidenses elegibles.
인터랙티브 브로커스(나스닥: IBKR)는 2024년 10월 3일 출시 이후 선거 예측 계약의 거래량이 1,000,000을 초과했다고 발표했습니다. 이 계약은 자격을 갖춘 미국 투자자들이 ForecastEx 거래소를 통해 정치적 결과, 경제 데이터 발표 및 기후 지표에 대한 예측을 거래할 수 있게 합니다.
투자자들은 2024년 미국 대선 결과, 대통령 후보 및 하원과 상원의당 다수당을 포함한 여러 사안에 대해 거래할 수 있습니다. 예측 계약의 가격은 $0.02에서 $0.99 사이로, 이벤트 발생 가능성에 대한 시장 합의를 반영합니다. 정확한 예측은 $1로 결제되고, 부정확한 예측은 $0으로 결제됩니다. 투자자들은 또한 자신의 포지션의 일일 종가에 대해 연 4.33%의 APY 인센티브 쿠폰을 받을 수 있습니다.
토마스 페터피(Thomas Peterffy), 인터랙티브 브로커스의 창립자이자 회장은 선거 중심 계약에 대한 수요가 상당하다고 언급하며 정치적 예측 시장의 중요성이 커지고 있다고 강조했습니다. ForecastEx는 인터랙티브 브로커스의 CFTC 규제 자회사로, 이러한 계약을 운영하며, 자격 있는 미국 거주자에게만 제공됩니다.
Interactive Brokers (Nasdaq: IBKR) a annoncé que le commerce des Contrats de Prévision Électorale a dépassé 1.000.000 depuis leur lancement le 3 octobre 2024. Ces contrats permettent aux investisseurs américains éligibles de négocier des prévisions sur les résultats politiques, les publications de données économiques et les indicateurs climatiques via la bourse ForecastEx.
Les investisseurs peuvent négocier sur divers résultats des élections américaines de 2024, y compris les candidats à la présidence et les majorités des partis à la Chambre et au Sénat. Les Contrats de Prévision sont évalués entre $0,02 et $0,99, reflétant le consensus du marché sur la probabilité des événements. Les prévisions correctes se soldent à $1, tandis que les incorrectes se soldent à $0. Les investisseurs gagnent également un coupon incitatif APY de 4,33 % sur la valeur de clôture quotidienne de leurs positions.
Thomas Peterffy, fondateur et président d'Interactive Brokers, a souligné la demande importante pour des contrats axés sur les élections, mettant en lumière la pertinence croissante des marchés de prévision politique. ForecastEx, une filiale régulée par la CFTC d'Interactive Brokers, gère ces contrats, disponibles uniquement pour les résidents américains éligibles.
Interactive Brokers (Nasdaq: IBKR) gab bekannt, dass der Handel mit Wahlprognose-Verträgen seit ihrer Einführung am 3. Oktober 2024 die Marke von 1.000.000 überschritten hat. Diese Verträge ermöglichen es berechtigten US-Investoren, Vorhersagen zu politischen Ergebnissen, Wirtschaftsdatenveröffentlichungen und Klimainformationen über die ForecastEx-Börse zu handeln.
Investoren können auf verschiedene Ergebnisse der US-Wahlen 2024, einschließlich Präsidentschaftskandidaten und Parteimehrheiten im Repräsentantenhaus und Senat, handeln. Prognoseverträge sind zwischen $0,02 und $0,99 bepreist, was den Marktkonsens über die Wahrscheinlichkeit des Ereignisses widerspiegelt. Korrekte Prognosen werden mit $1 ausgeglichen, während inkorrekte Prognosen mit $0 begleichen. Investoren erhalten zudem einen Incentive-Coupon mit einer jährlichen Rendite von 4,33 % auf den täglichen Schlusswert ihrer Positionen.
Thomas Peterffy, Gründer und Vorsitzender von Interactive Brokers, wies auf die erhebliche Nachfrage nach wahlfokussierten Verträgen hin und betonte die wachsende Bedeutung von politischen Prognosemärkten. ForecastEx, eine von der CFTC regulierte Tochtergesellschaft von Interactive Brokers, betreibt diese Verträge, die nur für berechtigte US-Bewohner verfügbar sind.
- Over 1,000,000 Election Forecast Contracts traded since October 3, 2024 launch
- Provides investors a way to hedge against political volatility
- Offers 4.33% APY incentive coupon on daily closing value of positions
- to eligible US residents only
- Potential for financial losses if predictions are incorrect
Insights
The launch of Election Forecast Contracts by Interactive Brokers marks a significant development in the intersection of finance and politics. With over 1 million contracts traded since October 3, it's clear there's substantial investor appetite for political prediction markets. This platform allows investors to effectively monetize their political insights and hedge against electoral uncertainty.
The range of contracts offered, covering presidential, congressional and key Senate races, provides a comprehensive view of the 2024 electoral landscape. The pricing mechanism, ranging from
However, it's important to note that while this presents an innovative financial instrument, it also raises questions about the potential influence of such markets on public perception and the democratic process. The restriction to eligible US residents may limit its global impact but could still significantly affect domestic political discourse.
Interactive Brokers' introduction of Election Forecast Contracts represents a strategic move to capitalize on the growing interest in political event trading. This new product line has the potential to diversify IBKR's revenue streams and attract a new segment of politically engaged investors. The rapid adoption, with over 1 million contracts traded in a short period, suggests strong market demand.
From a financial perspective, these contracts offer a unique value proposition. The low entry price (as little as
However, investors should be cautious. While this product may boost IBKR's transaction volumes and attract new customers, its impact on overall profitability remains to be seen. The regulatory landscape for such products is also evolving, which could present future challenges or opportunities for IBKR in this space.
Thomas Peterffy, Founder and Chairman of Interactive Brokers, commented, “We’ve seen substantial demand for election-focused contracts on our platform in just a short time. This interest underscores the growing relevance of political prediction markets. As the elections approach, we are pleased to offer investors a straightforward way to hedge against political volatility and take positions on key political, economic, and environmental outcomes.”
Available Election Forecast Contracts:
Investors can trade on the following 2024 US election outcomes:
- Will Kamala Harris win the US Presidential Election?
- Will Donald Trump win the US Presidential Election?
- Will the Democratic Party win a majority in the US House of Representatives?
- Will the Democratic Party win a majority in the US Senate?
-
Key Senate races, including
Arizona ,Michigan ,Montana ,Nevada, Ohio ,Pennsylvania , andWisconsin .
How It Works:
Forecast Contracts provide an easy way to take a position on political events. For example, if an investor believes the US Senate will be under Democratic control in 2025, they can buy a “yes” contract. If they expect a different outcome, they can purchase a “no” contract. Prices range from
Additionally, investors earn a
Who Can Participate:
Forecast Contracts on election events are available only to eligible US residents. ForecastEx LLC, the operator of these contracts, is a CFTC-regulated, wholly-owned subsidiary of Interactive Brokers.
For live market prices and additional information, visit IBKR ForecastTrader.
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 serve 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. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron’s, Investopedia, Stockbrokers.com, and many others.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241007228094/en/
Interactive Brokers Group, Inc. Media: Katherine Ewert, media@ibkr.com
Source: Interactive Brokers Group, Inc.
FAQ
What are the Election Forecast Contracts offered by Interactive Brokers (IBKR)?
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