Interactive Brokers, an automated global electronic broker, announced a collaboration with HSBC that represents a significant development in the banking and brokerage industry.

Through this alliance, Interactive Brokers provides HSBC with a comprehensive trading solution, giving their customers worldwide access to a uniform, cost-effective and single platform to trade assets. Using WorldTrader, a new digital investment platform powered by Interactive Brokers, HSBC customers in the UAE can now trade equities, exchange-traded funds (ETFs), and bonds in up to 25 markets and 77 exchanges globally via mobile app or online platform. In addition to the UAE, more markets are expected to be added soon.

Interactive Brokers is revolutionizing how banks can offer brokerage services to their clients globally. A robust and sophisticated trading platform is designed to empower banks to meet the growing demand for comprehensive, secure, and accessible investment solutions. As banks strive to offer superior brokerage services, IBKR can enhance their capabilities.

“We are pleased that HSBC has chosen Interactive Brokers, a premier provider of white branded solutions for introducing brokers and banks,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “Our suite of services includes powerful technology and trading tools, competitive pricing, and access to global markets. Institutions worldwide continue to select our platform to streamline their businesses and meet the needs of their clients efficiently.”

IBKR Brokerage Services for Banks:

• Automated Trade Execution: Around-the-clock trading across over 150 markets worldwide, ensuring bank customers never miss an opportunity.
• Global Reach: Ability to serve bank customers in over 200 countries and territories with a unified trading platform.
• User-Friendly Interface: A seamless digital experience simplifying account opening and trading, ensuring high user satisfaction.
• Comprehensive Market Data: Free, real-time market data, news, and expert analysis to empower informed investment decisions.

By selecting Interactive Brokers, banks can leverage advanced technology to offer their customers an unparalleled investment experience.

Source: Interactive Brokers