Interactive Brokers Introduces Forecast Contracts on Election Outcomes
Empowering Investors to Hedge Against Political Volatility
With the introduction of election-focused contracts, investors now have a powerful tool to manage portfolio risks tied to political uncertainty, while also expressing their views on key global events. By trading Forecast Contracts, investors can protect their portfolios from election-driven market movements or capitalize on their political insights.
The following Forecast Contracts on US election results will be available at launch:
- Will Kamala Harris win the US Presidential Election in 2024?
- Will Donald Trump win the US Presidential Election in 2024?
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Will the Democratic Party win a majority in
the United States House of Representatives in the 2024 general election? -
Will the Democratic Party win a majority in
the United States Senate during the 2024 general election? -
Will Kari Lake (R) win
Arizona's United States Senate election in 2024? -
Will Mike Rogers (R) win
Michigan's United States Senate election in 2024? -
Will Tim Sheehy (R) win
Montana's United States Senate election in 2024? -
Will Sam Brown (R) win
Nevada's United States Senate election in 2024? -
Will Bernie Moreno (R) win
Ohio's United States Senate election in 2024? -
Will Dave McCormick (R) win
Pennsylvania's United States Senate election in 2024? -
Will Eric Hovde (R) win
Wisconsin's United States Senate election in 2024?
These contracts offer investors an easy way to take a position on key political events. For example, if an investor believes
Thomas Peterffy, Founder and Chairman of Interactive Brokers, remarked, “Forecast Contracts allow investors to act on the most crucial issues shaping our future. These contracts give traders a direct line to market sentiment on elections, helping them manage risk or express views on political events.”
Benefits of Forecast Contracts:
- Hedging Against Uncertainty: Safeguarding portfolios from election-related volatility.
- Profiting from Insights: Turning political knowledge into financial opportunity.
- Trading with Ease: Accessing these new contracts through IBKR ForecastTrader, using an existing Interactive Brokers login.
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Earning an Incentive: Earn an incentive coupon, paid monthly, on the daily closing value of a position. Currently
4.33% APY.
Forecast Contracts settle at a predefined value based on the event’s outcome —
Interactive Brokers plans to expand ForecastEx globally, covering a broader range of election events and other major issues. This strategic offering strengthens Interactive Brokers’ position as a leader in innovative financial products, giving investors a new edge in navigating politically uncertain markets. The CFTC-regulated ForecastEx LLC is a wholly-owned subsidiary of Interactive Brokers.
To learn more, visit IBKR ForecastTrader to start trading political predictions and protect portfolios from market swings tied to election outcomes.
- US - 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/20241002956164/en/
Contacts for Interactive Brokers Group, Inc. Media: Katherine Ewert, media@ibkr.com
Source: Interactive Brokers Group, Inc.