Interactive Brokers (IBKR) Arm Unveils Forecast Contracts

Interactive Brokers Group Inc. (IBKR) announced that its wholly-owned subsidiary, ForecastEx LLC, has obtained the requisite approvals from the Commodity Futures Trading Commission, to operate as a contract market and derivative clearing organization. ForecastEx will begin its operations on Jul 8, 2024, and the clients of Interactive Brokers from eligible countries will gain immediate access to the platform. IBKR is the first Futures Commission Merchant to become a member of this exchange.Thomas Peterffy, c ...