Interactive Brokers has enhanced its global bond offering available through the IBKR Bond Marketplace.
Clients of Interactive Brokers can now access greater liquidity for global corporate bonds, European Government Bonds (EGBs), and UK Gilts for up to 22 hours a day.
Additionally, clients will be able to trade Swiss Franc-denominated (CHF) bonds on the IBKR platform. Adding CHF-denominated bonds allows clients to exploit opportunities across the European fixed-income landscape.
With the addition of Swiss government bonds and a wide array of global corporate bonds priced in CHF, IBKR has added to its universe of bonds denominated in USD, EUR, GBP, CAD, and HKD.
A long-term program to substantially add to bond market access
Thomas Frank, Executive Vice President of Interactive Brokers, said: “IBKR is pleased to once again deliver on our long-term program to substantially add to bond market access for our clients in terms of products, price discovery, liquidity, and hours of availability.”
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Worldwide clients of Interactive Brokers can trade bonds alongside global stocks, options, futures, currencies, mutual funds, and more from a single unified platform.
IBKR’s enhanced corporate and sovereign bond offering provides retail, active trader, and institutional investor clients with additional means to diversify and express their views across fixed-income markets.
Over 1 million bonds globally, including Corporate, Municipal, Treasury, and non-US sovereign bonds are available at IBKR Bond Marketplace. Clients can also use the free IBKR Bond Search Tool to search and compare bonds by a variety of criteria, including type, maturity, and yield, to adjust their bond holdings easily.
IBKR expanded trading hours for US Treasury bonds
IBKR recently expanded trading hours for US Treasury bonds to allow clients around the world to now trade US Treasury bonds for 22 hours each day.
The trading session closes daily at 5:00 pm Eastern Time (ET), reopens at 8:00 pm Eastern Daylight Time (EDT) and continues until 5:00 pm the following day, the global brokerage firm announced, adding that during Eastern Standard Time (EST), the market operates from 7:00 pm to 5:00 pm.
Previously, IBKR clients were able to trade US Treasury bonds nine hours per day. Extending trading hours to 22 per day is a significant move that fundamentally alters the trading dynamics for IBKR’s users across the globe.
US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options.
IBKR offers fixed-income products without mark-ups or built-in spreads. Instead, the broker charges transparent commissions.