Interactive Brokers Releases IMPACT Mobile Trading Platform
- IMPACT allows investors to select 13 impact values and principles based on their own personal investment criteria.
Interactive Brokers LLC (NASDAQ: IBKR) announced on Wednesday that it had launched IMPACT, a patent-pending mobile trading application aimed at ‘socially conscious investors’. According to the announcement, the brand-new app allows investors to align their portfolios with their values.
“IMPACT takes the utility and values alignment offered by our Impact Dashboard and places it at the palm of the investor’s hand. We’re leading a new generation of investors making values-based investments by enabling them to develop their own conscious investment plan based on their personal values providing accountability and transparency,” Will Peterffy, ESG Director at Interactive Brokers, commented.
Initially, the US-listed brokerage commented that IMPACT enables users to choose their personal investment criteria from 13 impact values and principles: Clean Air, Pure Water, Ocean Life, Land Health, Consumer Safety, Ethical Leadership, Gender Equality, Racial Equality, LGBTQ Inclusion, Company Transparency, Sustainable Product Lifecycle, Mindful Business Models and Fair Labor & Thriving Communities.
Moreover, investors can exclude investments based on 10 categories available on the mobile application: animal testing, business ethics controversies, corporate political spending and lobbying, energy-intensive, fossil fuels, greenhouse emissions, hazardous waste, high water usage, tobacco, alcohol and gambling, and weapons and gun manufacturers.
Swap Feature
IMPACT will include a ‘Swap’ feature that allows users to swap positions in the same USD amount from one security to another. “The IMPACT ‘Swap’ function goes a step further than our competitors to allow clients to easily re-align their portfolio positions with what they care about the most, which we’re really proud of. The app is designed for modern-day investors who understand that their investments make an impact and catalyze change,” Edward Soffer, ESG Manager at Interactive Brokers, said.
Furthermore, clients could have access to cryptocurrency trading through IMPACT, Interactive Brokers announced. Recently, the company introduced Request for Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term service, a real-time payment-related messaging service, with JP Morgan.
Interactive Brokers LLC (NASDAQ: IBKR) announced on Wednesday that it had launched IMPACT, a patent-pending mobile trading application aimed at ‘socially conscious investors’. According to the announcement, the brand-new app allows investors to align their portfolios with their values.
“IMPACT takes the utility and values alignment offered by our Impact Dashboard and places it at the palm of the investor’s hand. We’re leading a new generation of investors making values-based investments by enabling them to develop their own conscious investment plan based on their personal values providing accountability and transparency,” Will Peterffy, ESG Director at Interactive Brokers, commented.
Initially, the US-listed brokerage commented that IMPACT enables users to choose their personal investment criteria from 13 impact values and principles: Clean Air, Pure Water, Ocean Life, Land Health, Consumer Safety, Ethical Leadership, Gender Equality, Racial Equality, LGBTQ Inclusion, Company Transparency, Sustainable Product Lifecycle, Mindful Business Models and Fair Labor & Thriving Communities.
Moreover, investors can exclude investments based on 10 categories available on the mobile application: animal testing, business ethics controversies, corporate political spending and lobbying, energy-intensive, fossil fuels, greenhouse emissions, hazardous waste, high water usage, tobacco, alcohol and gambling, and weapons and gun manufacturers.
Swap Feature
IMPACT will include a ‘Swap’ feature that allows users to swap positions in the same USD amount from one security to another. “The IMPACT ‘Swap’ function goes a step further than our competitors to allow clients to easily re-align their portfolio positions with what they care about the most, which we’re really proud of. The app is designed for modern-day investors who understand that their investments make an impact and catalyze change,” Edward Soffer, ESG Manager at Interactive Brokers, said.
Furthermore, clients could have access to cryptocurrency trading through IMPACT, Interactive Brokers announced. Recently, the company introduced Request for Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term service, a real-time payment-related messaging service, with JP Morgan.