Interactive Brokers Launches Version 0.12 (Beta) of IBKR Desktop

Interactive Brokers launches IBKR Desktop 0.12 (beta) with new features for options traders, including custom layouts, position tracking, alerts, and AI news summaries.

Key Points: 

• IBKR Desktop 0.12 adds customizable Option Chains, position tracking, and tailored screeners for options traders.
• The platform now offers AI-generated news summaries for eligible clients, delivering concise insights from top news sources.

Interactive Brokers has unveiled the beta version 0.12 of its IBKR Desktop platform, which brings new features to enhance the experience for options traders. So, among the updates are new layout customization options, enhanced position tracking, tailored screeners for options, and improved alert management tools. The release also introduces AI-generated news summaries to help clients stay informed with concise insights.

Option Chain in Custom Layouts

One of the standout additions is the ability to incorporate the Option Chain directly into custom layouts. Traders can also easily add the Option Chain window to a personalized layout, giving them a more flexible and tailored trading environment. To use this feature, click the Layout Icon, select the + symbol, then opt for Custom Layout, and scroll down to choose Option Chain. This feature allows users to enhance their custom layout with additional windows, such as charts, performance profiles, and rapid order entry tools.

Viewing Positions on the Option Chain

Traders can now view their positions or option combos directly within the Option Chain. By hovering over the position number, users can access detailed information about their options, close positions, or roll over existing ones—all within the Option Chain itself. This feature adds convenience, enabling traders to manage their positions seamlessly while analyzing their options.

Interactive Brokers Launches Version 0.12 (Beta) of IBKR Desktop

New Screeners for Options Traders

IBKR has added a new “Options” tab to its screeners to serve options traders better. This tab offers a range of pre-defined underlying screeners specifically tailored for options and a Complex Orders & Trades screener. The latter allows traders to view volumes by option strategies, making it easier to track complex orders and assess market trends in greater detail.

Custom Strikes on Option Chain

The updated version lets traders input custom strike amounts directly into the Option Chain. By navigating to the Strike drop-down menu and entering a specified number, users can view a custom set of strikes, giving them greater flexibility in exploring different strike prices without the constraints of pre-defined options.

Improved Alerts Management

IBKR Desktop has streamlined its alert management system to reduce unnecessary notifications and improve user experience. Alerts now include auto-dismissal functionality, meaning they will automatically disappear once clicked. This update aims to help users avoid notification overload while ensuring they don’t miss critical updates.

AI-Generated News Summaries

Finally, IBKR Desktop introduces an innovative AI-generated news summary feature. This feature delivers concise summaries of news articles sourced from leading news providers, making it easier for investors to stay informed. Furthermore, the summaries are available to eligible clients from various regions, including Canada, the UK, Europe, Hong Kong, Singapore, Australia, and Japan. To access the summaries, users must navigate to the News section, select Portfolio News, and switch to the “Summaries” tab.

Conclusion

With version 0.12 of IBKR Desktop, Interactive Brokers continues to enhance its platform to meet the needs of active traders. These updates also provide options traders with improved tools for customization, position management, market analysis, and a more streamlined experience with alerts and news summaries. As always, IBKR remains committed to delivering innovative solutions that empower traders to make real-time informed decisions.

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