Interactive Brokers enhances security features of IBKR Mobile app

Maria Nikolova

The new IBKR Mobile app combines IB TWS for Mobile and the IB Key security protocol into one app that lets traders securely manage their account and trade.

Online trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has enhanced the security functionalities of its mobile application. The latest versions of the solution, which has been renamed as IBKR Mobile, combines IB TWS for Mobile and the IB Key security protocol into one app that lets traders securely manage their accounts and trade.

Thanks to the upgraded solution for iOS and Android devices, traders can keep their accounts safe by applying IB Key two-factor authentication when logging into any of Interactive Brokers’ websites or trading platforms.

In addition, traders get to manage their IBKR Debit Mastercard – authorize transactions, pre-authorize large-purchases and lock and unlock their debit card right from their phone.

The latest version of the app offers new options tools. For the iOS version of the solution, such a new tool is the Option Exercise screen which is accessible from the Trade section of the More menu. View all available long and short equity option, future option and warrant positions. Positions marked with a “zig zag” icon should be considered as candidates for early exercise. Tap a contract to view details, tap again for extended Quote Details that now includes more detailed market and positions information.

For the Android version of the app, the latest options tool is called Spread Template. It makes it easier to create a complex multi-leg spread by providing a pick list of the most used strategies. In addition to the helpful pick list, the Spread Template intuitive grid display:

  • Lets traders quickly compare prices across a range of similar combinations and quickly pick the one you want.
  • Enables traders to quickly compare tightness of the bid/ask spread for multiple strategies and quickly pick the one with the best spread.
  • Helps traders quickly search for the most appropriate strategy to hedge an existing position via Delta and Gamma display in each grid box. Each grid displays key information such as delta and gamma, and traders can fine-tune grid strategies by adjusting filters.

To use a Spread Template, one should open Quote Details for an instrument and tap “Spreads” from the top row of access buttons.

Let’s note that the apps for iOS and Android devices offer easier access to Account Management.

Read this next

Digital Assets

Ankr successfully patches hack, will reimburse victims and take actions to prevent further attacks

DeFi protocol Ankr plans to reimburse its affected users after a hacker managed to exploit a bug in its code that allowed for unlimited minting of its liquid staking token.

Industry News

ASIC cancels/suspends AFS license of AFSL Group and Quantum Funds Management

ASIC canceled the AFS license of AFSL Group because it failed to lodge statements and audit reports and it did not maintain AFCA membership. The Australian regulator suspended Quantum because it does not have the required professional indemnity insurance coverage.

Executive Moves

BidX Markets hires Shaun French as Research Analyst – Multi Asset

“We believe with his background in the Financial Markets and being based in Dubai, he will be able to provide our clients with access to outstanding research, while also being in a great location to help support our international clients base which is growing at a rapid pace’’.

Institutional FX

Nasdaq migrates US options exchange to AWS with +10% performance in round-trip latency

Nasdaq has announced the successful migration of the core trading system of Nasdaq MRX – one of its six U.S. options exchanges – to Amazon Web Services (AWS).

Institutional FX

TraditionData launches oil swaps pricing data at a critical time in OTC oil traded markets

TraditionDATA has announced the release of a new proprietary Oil Swap Model (OSM) which brings further visibility into illiquid and opaque oil markets.


TNS connects to Tel Aviv Stock Exchange (TASE) as market data vendor

“This latest exchange connection allows TNS to provide access to approved recipients, including exchange members and market data vendors. This project includes market data for TASE’s equities and increases the number of market data feeds we now offer globally.”

Executive Moves

Cowen Digital taps Taylor S. Cable to lead Europe and Asia operation

“Cowen Digital is a pioneer in delivering institutional grade access to the digital asset ecosystem and I am very excited to join the team at this pivotal time to grow our presence in Europe and Asia.”

Industry News

ASIC sues American Express Australia for lack of TMD on credit cards

“ASIC has now taken multiple actions under the design and distribution regime, including issuing over 20 interim stop orders. This regime turned a new page in the regulation of financial products in Australia and is intended to deliver better outcomes for consumers. It is a priority for ASIC to maximize these increased protections and see the long-term benefits of the DDO regime realized.”

Institutional FX

Eurex reports mixed volumes for November 2022

Deutsche Börse’s derivatives-focused exchange, Eurex today said its total traded derivatives contracts grew by 10 percent in November, from 68.6 million to 75.3 million compared to the same month last year.