Press release
Interactive Brokers Introduces Fractional Shares Trading in Canadian Stocks and ETFs
Expanded Offering Builds on Success of US and European Fractional Shares GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers (Nasdaq: IBKR), an automated
About this update from Interactive Brokers Group, Inc.
[{"type":"text","content":"\nExpanded Offering Builds on Success of US and European Fractional Shares\n\n\n GREENWICH, Conn.--(BUSINESS WIRE)--\nInteractive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of fractional shares trading for Canadian stocks and ETFs. Clients of Interactive Brokers can now buy and sell fractional shares of all stocks and ETFs listed on the Toronto Stock Exchange and on CBOE Canada, plus eligible US and European stocks and ETFs.\n\n\nFractional shares give investors a simple way to build a balanced portfolio and invest in shares regardless of the share price. With fractional shares, investors can divide investments among more stocks to achieve a better-diversified portfolio and put small cash balances to work quickly to maximize potential returns.\n\n\n“Fractional shares trading continues to be an easy and economical way for investors of any level to construct or add to their portfolios,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “Fractional shares trading has been extremely popular for US and European stocks and ETFs, and we are excited to broaden our offering to include Canadian shares.”\n\n\nTo trade eligible Canadian fractional shares, clients can use a cash quantity order that lets clients place orders in a specific cash amount. Fractional shares will automatically be bought or sold if the cash amount does not line up with a whole number of shares.\n\n\nFor additional information, please visit:\n\n\nUnited States and countries served by IB LLC: Fractional Shares\nCanada: Fractional Shares\nUnited Kingdom: Fractional Shares\nWestern Europe: Fractional Shares\nCentral Europe: Fractional Shares\nAustralia: Fractional Shares\nHong Kong: Fractional Shares\nSingapore: Fractional Shares\nIndia: Fractional Shares\n\n\nAbout Interactive Brokers Group, Inc.:\n\n\nInteractive 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 service 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 sophistica...