Intel Corp
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Information Technology : Semiconductors & Semiconductor Equipment | Large Cap Value
Company profile

Intel Corporation is engaged in designing and manufacturing products and technologies. The Company's segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Mobileye, Non-Volatile Memory Solutions Group (NSG) and Programmable Solutions Group (PSG). The CCG segment is focused on long-term operating system, system architecture, hardware, and application integration that enable PC experiences. The DCG segment develops workload-optimized platforms for compute, storage, and network functions. The IOTG segment develops high-performance compute platforms that solve the technology needs for business use cases that scale across vertical industries and embedded markets. The Mobileye segment provides driving assistance and self-driving solutions. The NSG segment provides memory and storage products based on Intel 3D NAND technology. The PSG segment offers programmable semiconductors, primarily FPGAs, structured ASICs, and related products.

Closing Price
$35.37
Day's Change
0.85 (2.46%)
Bid
--
Ask
--
B/A Size
--
Day's High
35.40
Day's Low
34.59
Volume
(Light)
Volume:
42,243,304

10-day average volume:
56,071,040
42,243,304

Interactive Brokers Introduces Fractional Shares Trading in European Stocks and ETFs

10:00 am ET May 31, 2022 (BusinessWire) Print

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of fractional shares trading for European stocks and ETFs. Clients of Interactive Brokers can now buy and sell fractional shares of eligible U.S. and European stocks and ETFs, providing a simple way to build a balanced portfolio and invest in shares regardless of the share price. Fractional shares are stock units that amount to less than one full share.

With fractional shares, there is no minimum for European shares and investors can invest in U.S. shares with as little as USD 1.00, irrespective of the stock price. Investors can use fractional shares to maximize returns by putting small cash balances to work quickly, instead of holding cash and potentially earning lower returns. In addition, Interactive Brokers offers cash quantity stock orders, which lets clients place orders in a specific cash amount. Fractional shares will automatically be bought or sold if the cash amount does not line up with a whole number of shares.

"Interactive Brokers was the first big broker to introduce fractional trading in U.S. shares and it's been very popular with our clients," said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. "Adding European fractional shares gives investors the opportunity to trade across markets in a more affordable way, in addition to the benefit of investing in more stocks to help clients achieve diversified portfolios."

Fractional shares trading is available on all of Interactive Brokers' powerful trading platforms including IBKR GlobalTrader, a simple mobile trading application for investors to trade stocks around the world. European stocks and ETFs listed on select exchanges, and with average daily volume above $5 million and market cap above $5 billion, are eligible for European fractional shares trading.

For additional information, please visit:

United States and countries served by LLC: Fractional Shares Canada: Fractional Shares United Kingdom: Fractional Shares Western Europe: Fractional Shares Central Europe: Fractional Shares Australia: Fractional Shares Hong Kong: Fractional Shares India: Fractional Shares Singapore: Fractional Shares

About Interactive Brokers Group, Inc.:

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 150 markets in numerous countries and currencies, from a single unified platform to clients worldwide. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. For the fifth consecutive year, Barron's ranked Interactive Brokers #1 with 5 out of 5 stars in its March 25, 2022, Best Online Brokers Review.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220531005157/en/

SOURCE: Interactive Brokers Group, Inc.

Interactive Brokers Group, Inc.
Katherine Ewert, media@ibkr.com
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