HSBC Launches New WorldTrader Platform with Interactive Brokers

HSBC has partnered strategically with Interactive Brokers to launch a new trading platform named WorldTrader. By means of this cooperation, HSBC clients worldwide may use a consistent, reasonably priced platform for trading different assets. The action represents a major turning point in the banking sector as Interactive Brokers is transforming brokerage offerings for institutions all around. The platform is intended to satisfy the growing need for complete, safe, easily available investing options.

HSBC Makes Use of WorldTrader by IBKR in the UAE

Using IBKR's white-label solution, WorldTrader, HSBC now provides UAE consumers with access to 25 markets and 77 exchanges globally, therefore enabling them to trade stocks, exchange-traded funds (ETFs), and bonds. Consumers may access these capabilities via an internet platform or a mobile app. The statement also alluded to intentions to shortly extend similar services to new markets.

The alliance excites Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers: “We are happy that HSBC has selected Interactive Brokers, a renowned supplier of white branded solutions for introducing brokers and banks. Our package of offerings consists of access to worldwide markets, reasonable pricing, and strong technological and trading capabilities. Institutions all over use our platform to effectively satisfy customer demands and simplify their companies.”

The Special Value IBKR Provides for Banks

Interactive Brokers provides a range of services specifically for banks, therefore improving their capacity to provide their clients outstanding investing opportunities. Among these offerings are:

• Enabling round-the-clock trading in more than 150 marketplaces worldwide guarantees bank clients never miss an opportunity.

• Serving consumers via a single trade platform across more than 200 nations and territories, Global Reach

• Ensuring high customer satisfaction by offering a flawless digital experience that streamlines account opening and trading guarantees the user-friendliness of the interface.

• Providing free, real-time market data, news, and professional analysis to enable well-informed investing choices.

Additionally, lately, longer Hours in Eurex/KRX, CFDs in Japan, and European CEDX Interactive Brokers have also added longer trading hours for Korean KOSPI 200 derivatives via the Eurex/KRX Link. This development provides easy access for investors throughout US and European market hours by aligning trading possibilities across Korean, US, and European time zones. Products on offer include KOSPI 200 Options, Mini-KOSPI 200 Futures, KOSPI 200 Futures, and USD/KRW money futures.

Japanese customers may also invest in CFDs alongside worldwide equities, options, and futures via Interactive Brokers Securities Japan Inc. (IBSJ). This new product maximizes trading possibilities by letting Japanese citizens trade US and worldwide equities and ETFs with leverage, therefore improving their investment plans.

Through Cboe Europe Derivatives (CEDX), Interactive Brokers has also unveiled European stock options and European index futures and options. Along with a broad spectrum of worldwide financial instruments including stocks, options, futures, currencies, bonds, funds, and more, this launch gives IBKR customers new methods to trade European equities derivatives. Through Eurex and Euronext, the new CEDX-listed futures enhance Interactive Brokers' current European equities derivative products, therefore providing customers with additional choices to control their European assets.

Finally, HSBC's partnership with Interactive Brokers to provide the WorldTrader platform marks a major breakthrough in worldwide banking and investing services. This cooperation emphasizes the need for easily available, thorough, safe trading solutions in the current financial scene and establishes a new benchmark for how banks may provide brokerage services to their customers all around.