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Interactive Brokers Launches Prediction Markets in Canada

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Interactive Brokers (IBKR) has expanded its Forecast Contracts to the Canadian market, following its successful US launch. This new product enables Canadian investors to trade on outcomes of market-impacting events, including economic data releases, political decisions, and climate trends.

The contracts are traded through IBKR ForecastTrader platform and other IBKR trading interfaces. Investors can buy 'yes' or 'no' contracts priced between USD 0.02 and USD 0.99, with successful predictions settling at USD 1.00. The platform offers event-based questions like Canada's Overnight Rate target predictions, with prices reflecting real-time market sentiment.

The service is available to clients of Interactive Brokers , Interactive Brokers Canada Inc., and Interactive Brokers Hong Kong, operated by ForecastEx , a CFTC-regulated subsidiary.

Interactive Brokers (IBKR) ha ampliato i suoi Contratti di Previsione al mercato canadese, dopo il suo lancio di successo negli Stati Uniti. Questo nuovo prodotto consente agli investitori canadesi di scommettere sui risultati di eventi che influenzano il mercato, inclusi i rilasci di dati economici, decisioni politiche e tendenze climatiche.

I contratti vengono scambiati tramite la piattaforma IBKR ForecastTrader e altre interfacce di trading di IBKR. Gli investitori possono acquistare contratti 'sì' o 'no' a un prezzo compreso tra USD 0,02 e USD 0,99, con previsioni corrette che si chiudono a USD 1,00. La piattaforma offre domande basate su eventi come le previsioni del tasso obiettivo overnight del Canada, con prezzi che riflettono il sentiment di mercato in tempo reale.

Il servizio è disponibile per i clienti di Interactive Brokers, Interactive Brokers Canada Inc. e Interactive Brokers Hong Kong, gestito da ForecastEx, una filiale regolamentata dalla CFTC.

Interactive Brokers (IBKR) ha ampliado sus Contratos de Pronóstico al mercado canadiense, tras su exitoso lanzamiento en EE. UU. Este nuevo producto permite a los inversores canadienses comerciar sobre los resultados de eventos que impactan el mercado, incluidos los lanzamientos de datos económicos, decisiones políticas y tendencias climáticas.

Los contratos se negocian a través de la plataforma IBKR ForecastTrader y otras interfaces de negociación de IBKR. Los inversores pueden comprar contratos de 'sí' o 'no' con precios entre USD 0,02 y USD 0,99, con predicciones exitosas que se liquidan a USD 1,00. La plataforma ofrece preguntas basadas en eventos como las predicciones de la tasa objetivo overnight de Canadá, con precios que reflejan el sentimiento del mercado en tiempo real.

El servicio está disponible para los clientes de Interactive Brokers, Interactive Brokers Canada Inc. y Interactive Brokers Hong Kong, operado por ForecastEx, una subsidiaria regulada por la CFTC.

인터랙티브 브로커스 (IBKR)는 미국에서 성공적으로 출시된 후 예측 계약을 캐나다 시장으로 확대했습니다. 이 새로운 제품은 캐나다 투자자들이 경제 데이터 발표, 정치적 결정 및 기후 변화와 같은 시장에 영향을 미치는 사건의 결과에 대해 거래할 수 있게 해줍니다.

계약은 IBKR ForecastTrader 플랫폼과 기타 IBKR 거래 인터페이스를 통해 거래됩니다. 투자자들은 USD 0.02에서 USD 0.99 사이의 가격으로 '예' 또는 '아니오' 계약을 구매할 수 있으며, 성공적인 예측은 USD 1.00에 정산됩니다. 이 플랫폼은 캐나다의 오버나이트 금리 목표 예측과 같은 사건 기반 질문을 제공하며, 가격은 실시간 시장 심리를 반영합니다.

이 서비스는 Interactive Brokers, Interactive Brokers Canada Inc. 및 Interactive Brokers Hong Kong의 고객에게 제공되며, CFTC 규제를 받는 자회사인 ForecastEx에 의해 운영됩니다.

Interactive Brokers (IBKR) a élargi ses Contrats de Prévision au marché canadien, suite à son lancement réussi aux États-Unis. Ce nouveau produit permet aux investisseurs canadiens de parier sur les résultats d'événements ayant un impact sur le marché, y compris les publications de données économiques, les décisions politiques et les tendances climatiques.

Les contrats sont négociés via la plateforme IBKR ForecastTrader et d'autres interfaces de trading d'IBKR. Les investisseurs peuvent acheter des contrats 'oui' ou 'non' à un prix compris entre 0,02 USD et 0,99 USD, avec des prévisions réussies se réglant à 1,00 USD. La plateforme propose des questions basées sur des événements comme les prévisions du taux cible overnight du Canada, avec des prix reflétant le sentiment du marché en temps réel.

Le service est disponible pour les clients d'Interactive Brokers, d'Interactive Brokers Canada Inc. et d'Interactive Brokers Hong Kong, opéré par ForecastEx, une filiale régulée par la CFTC.

Interactive Brokers (IBKR) hat seine Prognoseverträge auf den kanadischen Markt ausgeweitet, nachdem es in den USA erfolgreich gestartet ist. Dieses neue Produkt ermöglicht kanadischen Investoren, auf die Ergebnisse von marktbeeinflussenden Ereignissen zu handeln, einschließlich der Veröffentlichung von Wirtschaftsdaten, politischen Entscheidungen und Klimatrends.

Die Verträge werden über die Plattform IBKR ForecastTrader und andere Handelsoberflächen von IBKR gehandelt. Investoren können 'Ja'- oder 'Nein'-Verträge zu Preisen zwischen USD 0,02 und USD 0,99 erwerben, wobei erfolgreiche Vorhersagen bei USD 1,00 abgerechnet werden. Die Plattform bietet ereignisbasierte Fragen wie die Prognosen für die Overnight-Zielrate Kanadas, wobei die Preise die aktuelle Marktentwicklung widerspiegeln.

Der Service steht den Kunden von Interactive Brokers, Interactive Brokers Canada Inc. und Interactive Brokers Hong Kong zur Verfügung, betrieben von ForecastEx, einer von der CFTC regulierten Tochtergesellschaft.

Positive
  • Launch of new revenue-generating product in Canadian market
  • Geographic expansion of existing successful US product
  • Diversification of trading product offerings
Negative
  • Low-price point products ($0.02-$0.99) may limit revenue potential
  • Regulatory oversight and compliance costs with CFTC regulations

Insights

Interactive Brokers' expansion of Forecast Contracts to Canada represents a strategic product diversification that enhances the company's competitive positioning in the Canadian brokerage market. These prediction market instruments allow investors to trade on outcomes of economic data releases, political decisions, and climate trends - creating a differentiated offering in a market where such products remain relatively novel.

The expansion leverages IBKR's existing regulatory infrastructure through its CFTC-regulated subsidiary ForecastEx , suggesting minimal incremental compliance costs. With contracts priced between USD 0.02 and USD 0.99, IBKR creates an accessible entry point that could drive significant transaction volume while providing an intuitive risk management tool for retail investors.

This Canadian launch indicates IBKR's confidence in the product's performance since its US introduction and demonstrates the scalability of the company's trading technology across markets. While the Canadian market represents a smaller opportunity than the US, this expansion establishes a blueprint for potential further international rollouts.

The timing aligns with increasing market volatility and uncertainty, where investors seek more granular hedging tools beyond traditional securities. By allowing direct trading on specific outcomes like "Will Canada's Overnight Rate target be set above 2.75%?", IBKR is positioning itself at the intersection of traditional brokerage and innovative financial products - a potentially valuable differentiation in the competitive brokerage industry.

Forecast Contracts Offer Canadian Investors a New Way to Trade on Economic, Political, and Climate Outcomes

GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the Canadian launch of Forecast Contracts. This new product allows Canadian investors to trade directly on the outcomes of events that impact markets, including economic data releases, political decisions, and climate trends. Already available to investors in the US, this expansion reflects the growing demand for predictive tools that help investors manage risk in an uncertain global environment.

Forecast Contracts offer a straightforward and affordable way to express a view or hedge against the outcome of key market-moving events. For example, if an investor believes inflation will rise above a certain level, they can buy a "yes" contract, or if they think it won't, they can buy a "no" contract instead.

Available through IBKR ForecastTrader, a dedicated web platform, and IBKR’s other trading platforms, Forecast Contracts are based on clear, outcome-based questions, such as "Will the Canada Overnight Rate target be set above 2.75% at the Governing Council meeting ending April 16, 2025?" Eligible clients in Canada can access the platform using their existing Interactive Brokers login credentials.

"Forecast Contracts allow investors to engage with the most important questions driving today's markets, from inflation and interest rates to geopolitical developments and climate change," said Steve Sanders, Executive Vice President of Marketing and Product Development at Interactive Brokers. "They provide a direct and accessible way to manage risk and express market views through a focused, easy-to-use platform."

Each contract is priced between USD 0.02 and USD 0.99, based on the market's assessment of the probability that the event will occur. If the investor is correct, the contract settles at USD 1.00. If not, it settles at zero. These dynamic prices reflect the evolving consensus of market participants and provide a real-time view of market sentiment.

Forecast Contracts are available to clients of Interactive Brokers LLC, Interactive Brokers Canada Inc. and Interactive Brokers Hong Kong, and are operated by ForecastEx LLC, a CFTC-regulated, wholly owned subsidiary of Interactive Brokers.

To view live contract prices and begin trading, visit: IBKR ForecastTrader - Canada

The best-informed investors choose Interactive Brokers

About Interactive Brokers Group, Inc.:

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 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 have 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.

Media: Katherine Ewert, media@ibkr.com

Source: Interactive Brokers

FAQ

What are IBKR's new Forecast Contracts available in Canada?

IBKR's Forecast Contracts are trading instruments that allow investors to bet on outcomes of economic, political, and climate events, priced between $0.02-$0.99, settling at $1.00 if correct.

How do investors trade Forecast Contracts on IBKR's platform?

Investors can trade through IBKR ForecastTrader platform or other IBKR trading platforms, buying 'yes' or 'no' contracts based on specific event outcomes.

What is the price range for IBKR's Forecast Contracts?

Forecast Contracts are priced between USD 0.02 and USD 0.99, with successful predictions settling at USD 1.00.

Which entities regulate IBKR's Forecast Contracts trading?

Forecast Contracts are operated by ForecastEx , a CFTC-regulated wholly owned subsidiary of Interactive Brokers.
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