Daily Dose O Donna News

Trending News From Around The Globe

Interactive Brokers Launches ‘IMPACT’ Mobile Trading Platform for Socially Conscious Investors Globally

Previous
Next
Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Article content material

IMPACT permits customers to take a position in accordance with their values and create the world they need to see

GREENWICH, Conn. — Interactive Brokers Group (Nasdaq: IBKR), a worldwide brokerage agency, in the present day launched IMPACT to traders worldwide. IMPACT is a patent pending cell buying and selling utility designed to assist traders simply align their portfolios with their values and assist form the long run they want to see. Increasing upon our Environmental, Social and Governance (ESG) buying and selling initiatives, IMPACT by Interactive Brokers encompasses a easy and intuitive app design that streamlines the sustainable investing course of for any investor. Following the launch of IMPACT to U.S. traders, the worldwide launch comes at a time when ESG concerns have turn out to be more and more essential to traders on a worldwide scale. The International Influence Investor Community estimates the whole dimension of the market at USD 715 billion managed by 1,720 organizations.

Article content material

“IMPACT takes the utility and values alignment provided by our Influence Dashboard and locations it within the palm of the investor’s hand,” stated Will Peterffy, ESG Director at Interactive Brokers. “We’re main a brand new era of traders making values-based investments by enabling them to develop their very own acutely aware funding plan based mostly on their private values offering accountability and transparency.”

IMPACT permits traders to pick their private funding standards from 13 impression values and ideas: Clear Air, Pure Water, Ocean Life, Land Well being, Shopper Security, Moral Management, Gender Equality, Racial Equality, LGBTQ Inclusion, Firm Transparency, Sustainable Product Lifecycle, Conscious Enterprise Fashions, and Truthful Labor & Thriving Communities. Buyers can even exclude investments based mostly on 10 classes: animal testing, enterprise ethics controversies, company political spending and lobbying, energy-intensive, fossil fuels, greenhouse emissions, hazardous waste, excessive water utilization, tobacco, alcohol and playing, and weapons and gun producers.

Based mostly on these picks, the app offers impression scores on current portfolios and holdings and identifies corporations that align with traders’ chosen standards. (Interactive Brokers makes use of ESG information supplied by third-party distributors and combines it with a consumer’s worth preferences to generate impression scores.) This, together with the flexibility to evaluate monetary metrics for shares and study corporations’ impression scores, affords traders the chance to enhance their scores via the number of different corporations in a easy and environment friendly method.

IMPACT additionally contains the “Swap” characteristic, a novel providing that provides customers the flexibility to swap positions in the identical greenback quantity from one inventory to a different. With one faucet, traders can purchase and promote shares concurrently based mostly on the comparative impression scores of 1 firm versus one other. This characteristic is simply accessible for U.S. shares.

“The IMPACT ‘Swap’ operate goes a step additional than our opponents to permit shoppers to simply re-align their portfolio positions with what they care about essentially the most, which we’re actually pleased with,” provides Edward Soffer, ESG Supervisor at Interactive Brokers. “The app is designed for modern-day traders who perceive that their investments make an impression and catalyze change.”

Article content material

Together with the launch, Interactive Brokers has partnered with One Tree Planted on the IMPACT Plant a Forest initiative. Out there to the primary 30,000 prospects who join IMPACT, the Plant a Forest program offers traders the chance to make an essential environmental impression. For each $1,000 {dollars} an investor deposits of their account, IMPACT will plant 25 timber. For the equal of 1 tree per $40 deposited, IBKR prospects who use the IMPACT app can simply assist reforestation efforts and direct IMPACT to plant timber in environmentally essential areas equivalent to California, Mexico, Côte D’Ivoire or India. One Tree Planted is a non-profit group that crops timber worldwide to fight local weather change and deforestation and companions with rigorously chosen reforestation organizations in North America, Latin America, Africa, and Asia.

For extra info together with disclosures, and to obtain the IMPACT app, go to:

United Kingdom: https://impact.interactivebrokers.co.uk/
Western Europe: https://impact.interactivebrokers.ie/
Central Europe: https://impact.interactivebrokers.hu/
Australia: https://impact.interactivebrokers.com.au/
Hong Kong: https://impact.interactivebrokers.com.hk/
Singapore: https://impact.interactivebrokers.com.sg/
Canada: https://impact.interactivebrokers.ca/
Different: https://impact.interactivebrokers.com

IMPACT shouldn’t be accessible for residents of India or Japan.

About Interactive Brokers Group, Inc.:

Interactive Brokers Group associates present automated commerce execution and custody of securities, commodities and overseas trade across the clock on over 135 markets in quite a few international locations and currencies, from a single IBKR Built-in Funding Account to shoppers worldwide. We service particular person traders, hedge funds, proprietary buying and selling teams, monetary advisors and introducing brokers. Our 4 a long time of give attention to expertise and automation has enabled us to equip our shoppers with a uniquely subtle platform to handle their funding portfolios. We try to offer our shoppers with advantageous execution costs and buying and selling, danger and portfolio administration instruments, analysis amenities and funding merchandise, all at low or no price, positioning them to realize superior returns on investments. Barron’s ranked Interactive Brokers #1 with 5 out of 5 stars in its February 26, 2021, Greatest On-line Dealer Evaluate.

View supply model on businesswire.com: https://www.businesswire.com/news/home/20211208005630/en/

logo

Contacts

Media: Katherine Ewert, media@ibkr.com

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Recent News

Editor's Pick