IBKR ForecastTrader
Instructions
IBKR ForecastTrader lets you buy and sell exchange-listed Forecast and Event Contracts, giving you a new, straightforward way to participate in key futures markets. Exchange-listed Forecast and Event Contracts are short-term positions based on the outcome of an event, good only for that trading day. You can use these contracts to express your view about whether the prices of key futures markets will move up or down by the end of that day's trading session. You can select from Forecast Contracts by ForecastEx, LLC or event contracts by CME in the Equity Index, Energy, Metals and Foreign currency futures markets.
To use this tool, take the following steps:.
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The IBKR ForecastTrader page will open on your web browser.
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To navigate back to the Portal, select the arrow icon in the top left corner of the ForecastTrader screen. Note that you will not need to log in and out to navigate between screens.
Note: Exchange-listed Forecast and Event Contracts have weekly, monthly, quarterly and annual durations. Interactive Brokers will pay an incentive coupon at 0.5% under the prevailing Fed Funds rate on the closing market value of positions. Incentive coupons accrue daily and are paid monthly, currently at a rate of 4.83% APR.
Interactive Brokers LLC is a CFTC-registered Futures Commission Merchant and a clearing member and affiliate of ForecastEx LLC (“ForecastEx”). ForecastEx is a CFTC-registered Designated Contract Market and Derivatives Clearing Organization. Interactive Brokers LLC provides access to ForecastEx forecast contracts for eligible customers. Interactive Brokers LLC does not make recommendations with respect to any products available on its platform, including those offered by ForecastEx.
Forecast Contracts are only available to eligible clients of Interactive Brokers LLC, Interactive Brokers Hong Kong Limited, and Interactive Brokers Singapore Pte. Ltd.
Additional Resources
Learn About Trading in the Portal at IBKR Campus
Learn about IBKR ForecastTrader at IBKR Campus