Interactive Brokers Slips to 362nd in Trading Volume as Forecast Contracts Gain Traction in Canada

On April 2, 2025, Interactive Brokers (IBKR) saw a trading volume of 2.39 billion, marking a 36.69% decrease from the previous day. This placed IBKR at the 362nd position in terms of trading volume for the day. Swing Trading, a popular strategy among traders, saw a 0.71% increase, marking its third consecutive day of gains, with a total increase of 5.82% over the past three days.

Interactive Brokers has introduced prediction markets in Canada, catering to the rising demand for event contracts among investors. These contracts enable investors to trade directly on the outcomes of key market events, such as economic data releases, political decisions, and climate trends. This expansion reflects the growing need for predictive tools that help investors manage risk in an uncertain global environment.

Forecast Contracts, available through IBKR ForecastTrader and other trading platforms, offer a straightforward and affordable way to express views or hedge against the outcome of key market-moving events. For instance, investors can buy a "yes" contract if they believe inflation will rise above a certain level or a "no" contract if they think it won't. Each contract is priced between USD 0.02 and USD 0.99, based on the market's assessment of the probability that the event will occur. If the investor is correct, the contract settles at USD 1.00; if not, it settles at zero. These dynamic prices reflect the evolving consensus of market participants and provide a real-time view of market sentiment.

Forecast Contracts are available to clients of Interactive Brokers LLC, Interactive Brokers Canada Inc., and Interactive Brokers Hong Kong, and are operated by ForecastEx LLC, a CFTC-regulated, wholly owned subsidiary of Interactive Brokers. This new product allows Canadian investors to engage with the most important questions driving today's markets, from inflation and interest rates to geopolitical developments and climate change. It provides a direct and accessible way to manage risk and express market views through a focused, easy-to-use platform.