Interactive Brokers enhances access to fundamentals data in TWS platform

Maria Nikolova

The latest version of the platform features Fundamentals Explorer, including Company Profile, Financials, ESG Rating, Key Ratios, Competitors and more.

Online trading major Interactive Brokers continues to bolster the capabilities of its TWS platform. The latest (beta) version of the platform offers traders enhanced access to company fundamentals data on stocks and mutual funds via the Fundamentals Explorer.

The functionality aims to help traders better gauge the fundamental value of an asset. The explorer includes Company Profile, Financials, ESG Rating, Key Ratios, Competitors and more.

The company has added more than 200 new company and ETF ratios including graphical trends to show how key financial ratios have trended in the past five years and comparisons to peers within the same Thomson Reuters Business Classifications. Traders can expand on the ratio to view a bubble chart comparing the same ratio against four peers with the nearest market capitalization, and compare ratio trend values with a peer. Traders can also select a competitor to continue their fundamentals research.

On top of hundreds of fundamentals data values, the brokerage now provides a cross-link between company reported statement filings and analyst forecasts for key values, and has added graphical charts to help traders quickly assess data trends and surprises to analyst’s estimates.

Photo credit: Interactive Brokers.

To access the Fundamentals Explorer in TWS, enter a stock or fund symbol and from the New Window drop-down select Fundamentals Explorer. Use the tab set below the quote details to move between categories. Hold your mouse over graphical values to see more depth.

The Fundamentals Explorer is free to all clients and trial users.

The latest TWS version offers a raft of other enhancements too. An Allocation Order Tool is made available for FAs, Money Managers, Allocating IBrokers. It makes managing Allocation Profiles more efficient. This interface combines TWS allocation elements into a single tool that makes it easy to create order allocations to:

  • Reduce or exit an existing position;
  • Increase or open a new position;
  • “Rotate” positions (close some and open others almost simultaneously).

To open the Allocation Order Tool, from a market data line or order line (for an un-transmitted order), use the right-click menu to select Allocation Order Tool. Alternatively, from the Allocation drop-down field in any tool, select Allocation Order Tool.

  • Read this next

    Fintech

    Nubank makes impressive turnaround, posting $1 billion profit in 2023

    Brazil’s Nubank has made a remarkable turnaround, swinging from a net loss in 2022 to a $1 billion net profit in 2023. The digital bank’s revenues have soared past $8 billion, marking a major milestone in its financial performance.

    Retail FX

    Spanish watchdog warns of UP MARKETS, BITBINX

    The Comision Nacional del Mercado de Valores (CNMV), the financial regulatory body of Spain, announced in a statement that it has added to its warning list new website that are illegally offering financial services to Spanish citizens.

    Digital Assets

    MicroStrategy buys 3,000 more bitcoins, suffers phishing attack

    MicroStrategy, the largest corporate investor in bitcoin, has expanded its cryptocurrency portfolio by buying an additional 3,000 bitcoins for $155 million.

    Crypto Insider

    Saudi Launches World’s First Cultural Metaverse

    The Saudi Ministry of Culture, droppGroup, and Oracle have joined forces to launch the Cultural Universe, the world’s first government-operated national Metaverse initiative.

    Retail FX

    eToro revives IPO plans after failed $10B SPAC merger

    Israeli social trading network eToro is actively exploring options for a public market listing, according to CEO Yoni Assia in an exclusive interview with CNBC.

    Digital Assets

    Meme Coin Communities Gear Up for the CoinMarketCap Crypto Awards

    CoinMarketCap’s Crypto Awards 2024, the first edition of a new annual event, is captivating the global crypto community. This is especially true for the Meme Coin Of The Year category, where voting has become a battleground for the most passionate and vibrant communities in the crypto space.

    Digital Assets

    Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards

    The Layer-1 Received the Top Honor at the Eurasia Awards While Experiencing a Period of Unprecedented Growth and Recognition

    Crypto Insider

    Vitalik Buterin, Sandeep Nailwal Lead Decentralized AGI Summit, Address Centralized AI Risks at ETHDenver

    Sentient and Symbolic Capital’s Decentralized AGI Summit will feature leading Decentralized AI authorities like Vitalik Buterin and Sandeep Nailwal.

    Digital Assets

    Aethir Unveils Its First Decentralized AI Node Sale

    Aethir, a leader in decentralized GPU cloud infrastructure, has announced its highly anticipated Node Sale.

    <