Trade your opinion on yes-or-no questions in key CME Futures markets
Say you have a strong sense of whether the price of Gold will close above USD$2,000 today, and you wanted an immediate means of taking that position with a simple Yes/No push of a button.
Now there’s a new way to express that market sentiment immediately, and across a robust number of key futures products, via Interactive Brokers’ innovative trading platform.
Event contracts offer the most intuitive, straightforward way yet to access 10 of the world’s most important futures markets.
They are short-term, limited-risk contracts that streamline how you can take part in benchmark markets.
And it’s as simple as using event contracts to trade your opinion on Yes-or-No questions on whether key futures markets will move up or down by the end of each day’s trading session.
Interactive Brokers’ just made it even simpler with its newly launched IBKR EventTrader platform.
TELL ME MORE
Event contracts are based on the outcome of an event and are short-term positions good for that trading day only. This provides investors with a straightforward way of participating in key futures markets.
You can select from event contracts in the Equity Index, Energy, Metals and foreign currency futures markets, and to trade, just choose YES or NO on an event contract.
You will be presented with a menu of short-term price predictions by product. To participate, just choose a side on a given prediction.
So, if you think the price of crude oil is going to rise on the news of an OPEC production cuts, you can buy a YES contract and benefit from any increase in the price of oil by the end of the day.
Similarly, if you think the stock market is going to fall on disappointing news, you can buy a NO contract on an Equity Index Event Contract and profit from any decline.
Will the S&P 500 Index close above 3,900 today? Simply Yes or No.
Event contracts are settled in cash, so there is no need to worry about delivery or expiry.
HOW CAN YOU GET STARTED?
You don’t need a big investment to gain access to major futures markets’ daily activity, nor is there a big expense to enter a trade – between USD 0.25 to USD $19.75 per trade.
For each event contract you hold that expires “in the money”, in reference to the underlying futures settlement price, you receive a fixed payout of USD $20.00. Your max profit per contract is USD $20.00 minus the contract cost, fees and commissions. Event contracts are priced between USD $0.25 to USD $19.75 per contract and quoted in USD $0.25 increments.
Interactive Brokers offers a low, transparent commission of just USD 0.10 per event contract.
Event contracts also provide exposure to key futures markets while limiting an investor’s risk because the most one can lose is the price paid for the contract.
- You can buy one contract or multiple contracts at once.
- You receive a fixed payout of $20 for each event contract you hold that expires “in the money,” minus contract cost, fees and commissions.
Basically, IBKR EventTrader empowers investors’ ability to take a position on their daily price predictions.
And it’s fun.
You can get more insights on eventtrader.interactivebrokers.com.
You can also get a concise and detailed EventTrader Demo in this webinar: Trading CME Event Contracts at Interactive Brokers Using IBKR EventTrader Platform – IBKR Webinars
So if you’re looking for a new and straightforward way to trade key futures markets, check out IBKR EventTrader.
With low commissions and no minimums, it’s easy to get started. Yes or . . . Yes.
