Interactive Brokers Rolls Out Prediction Markets in Canada, Stock Up

Interactive Brokers Group Inc. (IBKR) launched Forecast Contracts in Canada, allowing investors to trade on the outcomes of several events impacting markets, including economic data releases, political decisions and climate trends. Following this development, Interactive Brokers’ shares rose 4.5% in yesterday’s trading session.These contracts will be accessible to Canadian investors through IBKR ForecastTrader, a dedicated web platform, as well as other IBKR trading platforms. Forecast contracts are offered ...