Interactive Brokers, an automated global electronic broker, has expanded trading hours for US Treasury bonds on its platform, allowing the firm’s global clients to trade US Treasuries during their respective local hours.
Clients can now trade US Treasury bonds for 22 hours each day. The trading session closes daily at 5:00 pm Eastern Time (ET), reopens at 8:00 pm Eastern Daylight Time (EDT) and continues until 5:00 pm the following day. During Eastern Standard Time (EST), the market operates from 7:00 pm to 5:00 pm. Previously, the trading session lasted nine hours per day.
Thomas Frank, executive vice president, Interactive Brokers, said, “It is part of an ongoing effort to expand our bond offering by adding new coverage, products, venues and liquidity. We aim to provide our clients with the most flexible and comprehensive trading environment possible. With clients in over 200 countries and territories, it’s essential that we accommodate their needs and provide opportunities to trade on a schedule that suits them best, especially in a market as crucial as that of US Treasuries.”
Interactive Brokers offers more than 1 million corporate, municipal, treasury, and non-US sovereign bonds, without mark-ups or built-in spreads.
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