Interactive Brokers has expanded its Latin American offering by adding Brazilian futures through Brazil’s B3 exchange, giving international clients another way to gain exposure to one of the region’s largest financial markets.
The Nasdaq-listed American stock broker said eligible clients outside Brazil can now trade Brazilian futures alongside equities on B3, with the products accessible through the same Interactive Brokers platform used to trade across more than 170 markets worldwide.
Interactive Brokers said it was the first broker to provide international investors with futures trading on B3 and described the futures launch as part of its broader push to open up global and emerging markets to its clients.
Milan Galik, chief executive of Interactive Brokers, said: “Global investors deserve seamless, low-cost access to the world’s most compelling markets, including emerging economies shaping tomorrow’s financial landscape.”
LATAM Bull Markets
According to S&P Dow Jones Indices data, the S&P Latin America BMI has risen 42.08% over the past 12 months, including 15.19% year-to-date. Brazil has also performed strongly, with the S&P Brazil BMI up 26.37% over 12 months, while the S&P Latin America 40 has gained 48.50%.
Some individual markets have done even better. The S&P Peru Select 20% Capped Index is up 73.54% over 12 months and 32.79% year-to-date, while the S&P Chile BMI has returned 34.68% over the year.
Sector performance has also been striking. Latin American energy stocks have risen 62.78% over 12 months and 60% year-to-date, while materials are up 65.66% over the year. Utilities have gained 54.23% and real estate 45.93%.
The exception has been technology, with the S&P Latin America BMI Information Technology sector down 17.05% over 12 months.
The addition of B3 futures therefore gives Interactive Brokers clients another route into a region that has recently been producing returns well ahead of many developed-market benchmarks, although those gains also highlight the potential volatility involved in emerging-market investing.
However, ironically, access to B3 through Interactive Brokers is not available to residents of Brazil.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
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Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.