An options contract is an agreement between two parties to facilitate a potential transaction on an underlying security at a preset price, referred to as the strike price, prior to or on the expiration date.
IMPORTANT: Product trading eligibility is partially dependent on your Financial Profile, which consists of the following criteria: Income and Worth (USD), Source of Wealth, Investment Experience and…
A stock is a security that represents the ownership of a fraction of a corporation. This entitles the owner of the stock to a proportion of the corporation's assets and profits equal to how much stock they own. Units of stock are called "shares"…
Complex or Leveraged Exchange Traded Products (CLPs) are funds or notes that trade on an exchange but have very different characteristics from shares of stock or ordinary exchange-traded funds (ETFs).
IMPORTANT…
A bond is a fixed-income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the load and its payments. Bonds are used by companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of bonds are debt-holders or creditors, of the issuer…
Your IBKR Universal Account may be eligible to trade securities, commodities/futures, and cryptocurrency products. Based on eligibility and trading permissions, a Universal Account comprises up to three underlying accounts or account segments: a securities account governed by rules of the US Securities and Exchange Commission (SEC), a futures account governed by rules of the US Commodity Futures Trading Commission (CFTC), and a Cryptocurrency account. As part of our Universal Account service, you have authorized us to automatically transfer funds as necessary between your securities account and your futures account in order to satisfy margin requirements in either account. …
There is no separate subscription for strictly end-of-day (EOD) data…
A mutual fund is a company the pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in the mutual funds. Each share represents and investor's part ownership in the fund and the income it generates…
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A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange…
Cryptocurrency is a kind of digital money that is expressed in the form of tokens or "coins". While some cryptocurrencies have become more widespread and even usable in the physical world via credit cards and other retailers, the large majority remain entirely intangible. The "crypto" in cryptocurrencies refers to the complex cryptography that allows the creation and processing of digital currencies and their transactions across decentralized systems…
Trading permissions bundles for specific products/assets/markets will only be shown if the account is capable of trading that product, otherwise, the product is not shown.
If an account is capable, the option to select that product will be shown and if requested, the account profile will be used to evaluate if the entity/person meets the requirements to trade the product/asset/market they are requesting…
The Packaged Retail and Insurance-based Investment Products Regulation - EU No 1286/2014 (“PRIIPs Regulation” or “PRIIPs”) became applicable on 1 January 2018…
Metals contracts are registered electronic Warrants and/or Accumulated Certificate of Exchange ("ACE") and are classified as electronic documents of title under Article 7 of the Uniform Commercial Code (UCC) and issued by Exchange-approved COMEX depositories. Warrants are issues based on the COMEX Precious Metals Futures traded via COMEX, specifically, Gold (GC), Silver (SI) and the corresponding micro contracts for Gold (MGC) and Silver (SIL). Physical delivery, in this context, is represented by the delivery-versus-payment of a registered electronic Warrant or an "ACE". Each Gold (GC) and Silver (SI) future will deliver one warrant representing deliverable grade gold or silver associated with the contract unit, whereas Micro Gold and Silver contracts deliver an "ACE", issued by the Clearing House…
Research and market data subscriptions are billed on a monthly cycle in advance and if you maintain a subscription for any period (even less than a full day) during the month, you will be obligated to pay as if you were subscribed for the entire month. The monthly billing cycle starts on the first U.S. business day of the month. Note that exchanges do not prorate subscription fees for mid-month elections nor do they offer refunds for subscriptions cancelled mid-month. …