GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (NASDAQ GS: IBKR). Trading in China A Large Cap stocks is available today on Interactive Brokers’ platform via the Hong Kong Stock Connect link.
Interactive Brokers' customers may borrow against margin eligible assets or purchase Chinese Renminbi (CNH) to pay for the shares.
Margin loans are available at rates as low as 1.41% for U.S. dollars and 6.70% for CNH.
The MSCI Emerging Markets Index is tracked by over $1.5 trillion in assets. The 222 Chinese stocks will be added to the Index gradually, beginning in 2018.
Hong Kong Stock Connect: Stock Connect is a mutual market access program through which Hong Kong and international investors can trade shares in mainland China based companies listed on the China stock exchanges via Hong Kong. As a member of the Hong Kong stock exchange, Interactive Brokers provides its clients with direct access to these exchanges.
About Interactive Brokers Group, Inc.: Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 120 markets in numerous countries and currencies, from a single IB Universal AccountSM to customers worldwide. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our customers with a uniquely sophisticated platform to manage their investment portfolios at the lowest cost according to Barron’s Best Online Brokers review, March 20, 2017. We strive to provide our customers with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low prices, positioning them to achieve superior returns on investments.