Interactive Brokers Announces Commission-Free Trading Of FactorShares ETFs
Interactive Brokers announces commission-free trading of the first five exchange traded funds launched by Factor Advisors LLC to clients using its award-winning Trader Workstation platform.
Interactive Brokers will offer its clients commission-free trading of the first family of spread ETFs under the FactorShares™ name launched in February 2011.
Commission-free trading currently applies to the first five FactorShares products:
| -- FactorShares 2X: S&P500 Bull/TBond Bear | (NYSE Arca: FSE) | ||
| -- FactorShares 2X: TBond Bull/S&P500 Bear | (NYSE Arca: FSA) | ||
| -- FactorShares 2X: S&P500 Bull/USD Bear | (NYSE Arca: FSU) | ||
| -- FactorShares 2X: Oil Bull/S&P500 Bear | (NYSE Arca: FOL) | ||
| -- FactorShares 2X: Gold Bull/S&P500 Bear | (NYSE Arca: FSG) |
“FactorShares offers our clients a streamlined, cost-effective approach to spread trading,” said Thomas Peterffy, CEO of Interactive Brokers. “With one commission-free trade, our clients can now access the daily spread between major asset classes within a single ETF position.”
“Factor believes that Interactive Brokers will help to place the FactorShares spread ETFs in front of their savvy brokerage clients, alerting them to this new approach to alternative ETF investing,” said Karlheinz Muhr, Chairman of Factor Advisors. “For this reason, we are pleased that Interactive Brokers agreed to promote commission-free trading of FactorShares with no minimum holding period and no short-term trading fees.”Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
