Interactive
Brokers (NASDAQ: IBKR) is increasing its collaboration with TipRanks, enhancing
the range of investment insights and analytics available to its clients, the FinanceMagnates.com
has learned.
The broker
will roll out a broad portfolio of TipRanks tools and datasets, providing users
with additional resources for evaluating stocks and exchange-traded funds
(ETFs).
As part of
the new integration, investors trading through Interactive Brokers will have
access to a suite of features designed to illuminate market trends and support
informed decisions. Among the highlights are “Smart Score,” a proprietary 1-10
numerical gauge for forecasting stock and ETF performance based on eight key
data sets, plus “Trending Stocks,” a real-time feed showing equities that are
drawing the most attention from analysts, and “Insider Stocks,” which offers a
window into the trading activity of company insiders.
Uri Gruenbaum, CEO of TipRanks, Source: LinkedIn
“We are
supremely excited to be expanding our collaboration with Interactive Brokers,
across so many more of TipRanks’ unique data sets,” Uri Gruenbaum, CEO of
TipRanks, said. “Working with this industry-leading firm is an incredible
opportunity to continue leveling the playing field by sharing our tools and
insights to investors in all corners of the world.”
Related: NAGA Integrates TipRanks to Offer Stock Research
TipRanks,
an investment research firm known for its use of AI and machine learning,
compiles vast amounts of publicly available data to support investors. The
company monitors over 100,000 financial experts globally, aiming to make data
that was once exclusive to Wall Street firms accessible to all levels of
investors.
The company’s
products have already been adopted by brokerages and banks worldwide, including
institutions in the U.S., Singapore, England, and Canada. A month ago, TipRanks partnered with TradeStation Securities, the self-clearing online brokerage firm, and shortly before that with CMC Invest, which launched the fintech’s products in the UK.
More New Features at Interactive Brokers
Interactive
Brokers continues to expand its product offerings, recently launching several
notable updates in addition to its TipRanks partnership.
The broker
has introduced
Forecast Contracts to the European market; event-driven instruments that
enable investors to bet on specific outcomes in areas such as finance,
economics, and climate.
Interactive
Brokers has
also rolled out NISA accounts through its Japanese operations, granting
local investors the ability to make stock and ETF purchases with tax-free
gains. This feature caters specifically to Japanese residents seeking more
efficient investment growth.
The company
is reportedly exploring
its own stablecoin as part of a broader push into digital assets, according
to recent coverage. If developed, the stablecoin would support around-the-clock
account funding, reducing transaction limitations tied to traditional banking
hours and moving IBKR further into the growing digital asset landscape.
Recent data
shows these launches and initiatives are resonating with investors. In July,
Interactive Brokers Group recorded
a 27% year-over-year increase in daily trading activity. Client accounts
grew by 32% from the previous year, reaching nearly four million. Client equity
rose to $685.8 billion, marking a 35% annual gain and a 3% increase from the
previous month.
Interactive
Brokers (NASDAQ: IBKR) is increasing its collaboration with TipRanks, enhancing
the range of investment insights and analytics available to its clients, the FinanceMagnates.com
has learned.
The broker
will roll out a broad portfolio of TipRanks tools and datasets, providing users
with additional resources for evaluating stocks and exchange-traded funds
(ETFs).
As part of
the new integration, investors trading through Interactive Brokers will have
access to a suite of features designed to illuminate market trends and support
informed decisions. Among the highlights are “Smart Score,” a proprietary 1-10
numerical gauge for forecasting stock and ETF performance based on eight key
data sets, plus “Trending Stocks,” a real-time feed showing equities that are
drawing the most attention from analysts, and “Insider Stocks,” which offers a
window into the trading activity of company insiders.
Uri Gruenbaum, CEO of TipRanks, Source: LinkedIn
“We are
supremely excited to be expanding our collaboration with Interactive Brokers,
across so many more of TipRanks’ unique data sets,” Uri Gruenbaum, CEO of
TipRanks, said. “Working with this industry-leading firm is an incredible
opportunity to continue leveling the playing field by sharing our tools and
insights to investors in all corners of the world.”
Related: NAGA Integrates TipRanks to Offer Stock Research
TipRanks,
an investment research firm known for its use of AI and machine learning,
compiles vast amounts of publicly available data to support investors. The
company monitors over 100,000 financial experts globally, aiming to make data
that was once exclusive to Wall Street firms accessible to all levels of
investors.
The company’s
products have already been adopted by brokerages and banks worldwide, including
institutions in the U.S., Singapore, England, and Canada. A month ago, TipRanks partnered with TradeStation Securities, the self-clearing online brokerage firm, and shortly before that with CMC Invest, which launched the fintech’s products in the UK.
More New Features at Interactive Brokers
Interactive
Brokers continues to expand its product offerings, recently launching several
notable updates in addition to its TipRanks partnership.
The broker
has introduced
Forecast Contracts to the European market; event-driven instruments that
enable investors to bet on specific outcomes in areas such as finance,
economics, and climate.
Interactive
Brokers has
also rolled out NISA accounts through its Japanese operations, granting
local investors the ability to make stock and ETF purchases with tax-free
gains. This feature caters specifically to Japanese residents seeking more
efficient investment growth.
The company
is reportedly exploring
its own stablecoin as part of a broader push into digital assets, according
to recent coverage. If developed, the stablecoin would support around-the-clock
account funding, reducing transaction limitations tied to traditional banking
hours and moving IBKR further into the growing digital asset landscape.
Recent data
shows these launches and initiatives are resonating with investors. In July,
Interactive Brokers Group recorded
a 27% year-over-year increase in daily trading activity. Client accounts
grew by 32% from the previous year, reaching nearly four million. Client equity
rose to $685.8 billion, marking a 35% annual gain and a 3% increase from the
previous month.
