Interactive Brokers enables advisors to build trading strategies with Portfolio Builder

Maria Nikolova

The latest beta version of the TWS platform gives advisors access to the comprehensive Portfolio Builder tool.

Electronic trading major Interactive Brokers continues to enhance the capabilities of its TWS platform, with the latest (beta) version of the solution giving advisors access to the comprehensive Portfolio Builder tool.

This all-in-one interface allows traders to:

Construct sophisticated investment strategies, founded on research and rankings from top buy-side providers and global fundamentals data;

  • Thoroughly backtest these strategies based on up to eight years of historical performance;
  • Adjust as needed based on performance metrics.
  • To open Portfolio Builder, use the Mosaic New Window dropdown and locate the tool in the Trade section.

(The company notes that investing via Portfolio Builder is not currently supported for Advisors).

Speaking of advisors, let’s mention the new Advisor Model Marketplace – a searchable database of downloadable investment model compositions. Models are designed and offered by third-party vendors, at no cost, to RIAs for use with their own clients.

Once you are subscribed to this feature, you can browse the available vendor models or search by filtering on desired Risk, Asset Class, Rebalance Frequency and other attributes. Once you find the model you like, import it to the Model Manager in TWS to use for your clients.

Let’s note that the latest version of TWS offers a raft of other enhancements and new features. For example, the Risk Navigator Cash Adjustment now treats position changes like virtual trades, and adjusts the cash in one’s what-if portfolio accordingly.

Read this next

Executive Moves

Lirunex Limited recruits Waleed Salah as head of MENA sales

Maldives-based brokerage firm Lirunex Limited has secured the services of Waleed Salah, who joined the company in the role of its head of sales for the MENA region.

Executive Moves

Trading 212 parts ways with co-founder Borislav Nedialkov

Trading 212 has a void to fill at its FCA-regulated business in London, following the departure of two key players, Raj Somal and Borislav Nedialkov.

Digital Assets

Binance acquires troubled crypto exchange GOPAX

Binance, the world’s largest digital asset trading platform, has reportedly acquired a majority stake in the troubled South Korea-based cryptocurrency exchange GOPAX.

Digital Assets

Kraken exits Middle East, closes UAE office

Digital currency exchange Kraken will close down its operations in Abu Dhabi, UAE and lay off the majority of its team focused on the Middle East and North Africa.

Industry News

CFTC comments on ION Cleared Derivatives issues after Russian-linked hack

“The ongoing issue is impacting some clearing members’ ability to provide the CFTC with timely and accurate data. As this incident unfolded, it became clear that the submission of data that is required by registrants will be delayed until the trading issues are resolved.”

Industry News

FCA took down 14 times more misleading ads in 2022 thanks to technology

The FCA has made significant improvements to the digital tools it uses to find problem firms and misleading adverts. These improvements have enabled it to work through a much larger number of cases compared with 2021.

Executive Moves

HKEX appoints ex-Goldman Sachs Matthew Cheong to lead platform’s focus on derivatives

“He has worked for a number of the world’s leading investment banks and his experience will be invaluable to HKEX as we continue to enhance our derivatives product offerings and build on our innovative and robust platform business, connecting capital with opportunities.”

Digital Assets

Zodia Custody and SBI Digital Asset Holdings launch JV for crypto asset custodian in Japan

“Zodia Custody is both proud and excited to be working with SBI DAH to help set up SBI Zodia Custody; the first tier 1 crypto asset custodian for institutions in Japan.”

Digital Assets

Paxos opens R&D center in Israel to focus on transaction signing and crypto custody security

“Paxos is looking to expand its team in Israel in 2023 and beyond, giving engineers the opportunity to work on cutting-edge financial products and shape the future of the global economy.”