Taiwan SINOPAC Brokerage Teams Up with Interactive Brokers for Algo, US Stocks, and ETFs Trading

Contents

01

Collaboration between SinoPac and Interactive Brokers

02

Trading benefits

03

About Interactive Brokers

04

About SinoPac

Collaboration between SinoPac and Interactive Brokers

Sinopac institutional and individual customers may trade US equities, ETFs, and Fixed Income products, as well as access over 90 stock markets globally through Interactive Brokers. This collaboration between Interactive Brokers LLC and Sinopac expands Interactive Brokers' reach in the APAC region and adds Taiwan to the company's global customer base of over 200 nations and territories.

“We are excited to collaborate with Sinopac and offer Interactive Brokers' worldwide trading skills and knowledge to Taiwan,” said Milan Galik, CEO of Interactive Brokers. “We realize the benefit of collaborating with a prominent broker with local knowledge and look forward to meeting the demands of this key market and its investors.”

Interactive Brokers' robust trading platforms, superior technology, and capabilities will benefit Taiwanese investors. Interactive Brokers allows customers to trade fractional shares of qualifying US and European equities as well as ETFs, and it supports over 100 order types, including algorithmic trading, which is presently unavailable via other Taiwanese brokers.

Trading benefits

Overnight Trade Hours on the IBKR Eos ATS allows clients to trade certain US ETFs 24 hours a day, five days a week (IBEOS). Overnight Trade Hours allow Asian investors to access US equity markets throughout their trading day and react to market-moving news at practically any time. The cooperation with Sinopac also allows Interactive Brokers customers to trade Taiwanese stocks through Sinopac Securities.

Introducing Brokers all over the globe utilize Interactive Brokers' Prime Broker services to help them operate their operations more efficiently and serve their customers more affordably. Introducing Brokers may use Interactive Brokers' professional, white-branded trading platform to decrease operating, brokerage, and clearing expenses while acquiring global electronic market access.

Recently, interactive brokers released a statement about their crypto trading service expanding to Hong Kong.

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About Interactive Brokers

Interactive Brokers is a brokerage firm that provides online trading services for individuals and institutions. They offer a wide range of financial products, including stocks, options, futures, currencies, and bonds, as well as access to global markets.

Interactive Brokers is known for its low commission rates, advanced trading platforms, and extensive market research and analysis tools. The company's platform is designed for active traders and provides access to a broad range of financial products and markets.

About SinoPac

Sinopac Securities is a Taiwanese investment bank and securities firm that offers a range of financial services, including brokerage, investment banking, wealth management, and proprietary trading. The company was founded in 2002 and is headquartered in Taipei, Taiwan.

Sinopac Securities is a subsidiary of Sinopac Holdings, which is one of the largest financial holding companies in Taiwan. The company has a strong presence in the Taiwanese market and also has operations in Hong Kong and Singapore.

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