Interactive Brokers becomes new trading member of Cboe Europe Derivatives
Interactive Brokers becomes new trading member of Cboe Europe Derivatives
Cboe Europe Derivatives (CEDX), Cboe's pan-European equity derivatives marketplace, announced that Interactive Brokers has joined the exchange as a trading participant.
As a result of this initiative, Interactive Brokers' clients will have access to CEDX's broad range of equity derivatives and equity options later this quarter.
Interactive Brokers has become a direct trading member on CEDX and a direct clearing member for equity derivatives with Cboe Clear Europe NV, Cboe's leading pan-European clearing house and clearing provider for CEDX, according to PR Newswire.
Yuri Sarukhanov, Head of European Derivatives for Cboe Europe, said that Interactive Brokers joining CEDX is an important development for the exchange. This integration will enhance the ability of retail investors to access and benefit from European derivatives. It also underscores the traders' need for more efficient European derivatives markets.
Milan Galik, CEO of Interactive Brokers, expressed his excitement about providing access to CEDX and offering clients new opportunities to trade European derivatives. He said that with the addition of CEDX's European equity options and index derivatives, clients will have more choice and flexibility in managing their investments.
CEDX was launched in September 2021 and offers futures and options trading based on Cboe Europe's major indices. The expansion of CEDX's equity options and index derivatives offerings has strengthened its market position.
The partnership with Interactive Brokers underscores CEDX's commitment to further enhance and develop derivatives markets in the region.
Read also: Quotex increases trader tournament prize pool to $4,500
