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Friday, October 18, 2024

Interactive Brokers Clients To Access Cryptocurrency By The End Of Summer

At the moment, the broker provides investors with the opportunity to trade bitcoin futures.

Popular American broker Interactive Brokers will provide its clients with access to cryptocurrency trading by the end of the summer. This was announced by the head of the company Thomas Peterffy at the Piper Sandler Global Exchange & FinTech conference, writes CNBC . Interactive Brokers clients can now trade bitcoin futures on the broker’s electronic platform.

“Clients are definitely asking for [cryptocurrency trading] and we expect to be ready to offer this opportunity by the end of the summer,” Peterffy said.

Interactive Brokers‘ direct competitors – brokers Fidelity and Charles Schwab – already provide their clients with access to digital assets, but they do this not directly, but through separate cryptocurrency funds.

Interactive Brokers is an American multinational brokerage company that provides its clients with access to stocks, options, bonds, funds, currencies, futures, futures options and other investment instruments.

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