Interactive Brokers has announced the expansion of its product offering with the launch of daily options on the CAC 40 Index.

The move marks a significant broadening of Interactive Brokers' financial tools, especially for experienced investors looking to trade short-term strategies and manage risk in the French stock market.

"The availability of daily options on the CAC 40 Index allows our clients to manage risk and quickly reposition their portfolios in response to market dynamics. Interactive Brokers is committed to providing our clients with a variety of products to take advantage of global opportunities, and this offering underscores our commitment to providing traders with comprehensive solutions," said Milan Galik, CEO of Interactive Brokers.

The launch of daily options on the CAC 40 Index responds to the growing demand from institutional and retail investors for daily expiration options. These options provide a unique way to execute short-term trading strategies, potentially offering cost savings through shorter time frames that result in a lower time value.

The addition of daily options on the CAC 40 Index is part of the company's overall strategy to continually expand its product suite to meet the growing needs of its global client base and support a variety of trading strategies.

Interactive Brokers began operations in 1977 and has received many prestigious honors and awards. The company provides clients with a wide range of services for both active trading and investing.