Interactive Brokers adds TipRanks analyst rankings to TWS Fundamentals

Maria Nikolova

Interactive Brokers’ TWS platform now offers TipRanks fundamental analysis for US stocks, available through new tabs in the Analyst Ratings (Summary) and Analyst Ratings (Details) windows.

Electronic trading firm Interactive Brokers Group, Inc. (NASDAQ:IBKR) keeps beefing up the capabilities of its proprietary TWS platform. The latest (beta) version of the platform comes along with enhancements to fundamental data, as Interactive Brokers now offers TipRanks fundamental analysis for US stocks.

TipRanks, founded in 2012, seeks to bring the general public accurate and accountable financial advice, provided by analysts, hedge fund managers, financial bloggers, and corporate insiders. The technology uses Natural Language Processing (NLP) algorithms to aggregate and analyze financial data online.

TipRanks data is available on TWS through new tabs in the Analyst Ratings (Summary) and Analyst Ratings (Details) windows. To access these features, traders have to right-click a US stock and select Analytical Tools and then Company Fundamentals. Then, in the Fundamentals blade next to the stock symbol, they should use the drop down list to select the Analyst Ratings (Summary) or Analyst Ratings (Details) window.

The Summary page now shows two tabs: Summary is the original view, and Coverage is the new Tip Ranks view. One can see the Analyst Consensus and its breakdown, the Analyst Price Target, and a list of analysts.

The Details page also shows two tabs: the original view in the Details tab, and Tip Ranks data in the Price Targets & News tab. One can see the Analyst Price Target along with New Sentiment Score, which shows the ratio of Bullish to Bearish news in the past week.

The other improvements to TWS are focused on the natural language solution IBot. The latest (beta) version of the TWS platform sees IBot get better in offering “Next Step” actions to traders. Traders are set to notice that the “Next Step” actions they are offered after a command become more and more useful to them. This is because IBot is now keeping track of the most popular “Next Step” actions, and as it learns it will offer these to traders at the top of the list to make their trading experience even more efficient.

Read this next

Fintech

Sterling to provide risk and margin support for fixed income

“Firms must have the tools to effectively manage their risk across all asset classes. As yields rise, we see more exposure from clients in the fixed income space. We understand their need to measure and mitigate risk in a highly regulated environment.”

Retail FX

FXOpen launches HK share CFDs: Tencent, Alibaba, Xiaomi, Baidu

Hong Kong share CFDs will be commission-free for a limited period of time.

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

Digital Assets

Crossover’s crypto ECN executed over $3 billion in Q1 2024

“Our growth is also driving continued increases in the percentages of trades that are ‘Order Crossing Order’ (OXO). Currently, roughly 10% of all trades executed on CROSSx are OXO, another differentiator in our platform’s capacity. This capacity and our unique execution model provide value to both the market maker and taker, as evidenced by our commercial model.”

blockdag

BlockDAG’s Explosive Presale Hits $20.3M In April Swaying Investors From XRP’s Price Trends Upward, & Polygon’s NFT Market

Learn about BlockDAG’s impressive $20.3M presale results, XRP’s price increase prospects, and the booming NFT market on Polygon among the top 10 cryptocurrencies.

Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

<