Connect with us

Published

on

The growth of options and their impact on underlying markets is having a significant impact on traders entries and exits.

To help traders better manage their entries and exits, Interactive Brokers Group Inc IBKR launched the IBUSOPT order destination. Now, clients can fill their orders in between the National Best Bid/Offer (NBBO), and improve execution.

How It Works: IBUSOPT orders are floated within the company'sown ecosystem of traders, financial advisors, hedge fundsand other institutional clients.The company looks to offset its clients orders with each other.

Further, the IBUSOPT-Pegged-to-Midpoint order type enables clients to peg their order to the midpoint of the bid-ask spread, meaning orders will be executed at the midpoint of the NBBO, or the highest bid and the lowest ask, removing the need to cross and pay the spread.

The IBUSOPT-Pegged-To-Best order, for those who want execution at the most favorable prices, enables clients to peg orders and compete by one tick with the best bid or ask price.

See Also: How To Trade Options For Beginners

Why It Matters: We are excited to introduce our new IBUSOPT order destination to help retail and institutional investors achieve better price execution on US options trades, said Steve Sanders, executive vice presidentof marketing and product development at Interactive Brokers.

Our history as an options market maker, coupled with our focus on advanced technology and low-cost trading solutions, puts Interactive Brokers in a unique position to address the continued demand for options trading with this innovative new feature.

Check out this Benzinga page:Unusual Options Activity

Photo: Courtesy Interactive Brokers Group

Continue Reading

Environment

Podcast: New Tesla Model Y unveil, Mazda 6e, Aptera solar car production-intent, more

Published

on

By

Podcast: New Tesla Model Y unveil, Mazda 6e, Aptera solar car production-intent, more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss the official unveiling of the new Tesla Model Y, Mazda 6e, Aptera solar car production-intent, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

BYD’s new Han L EV just leaked in China and it’s a monster

Published

on

By

BYD's new Han L EV just leaked in China and it's a monster

The Chinese EV leader is launching a new flagship electric sedan. BYD’s new Han L EV leaked in China on Friday, revealing a potential Tesla Model S Plaid challenger.

What we know about the BYD Han L EV so far

We knew it was coming soon after BYD teased the Han L on social media a few days ago. Now, we are learning more about what to expect.

BYD’s new electric sedan appeared in China’s latest Ministry of Industry and Information Tech (MIIT) filing, a catalog of new vehicles that will soon be sold.

The filing revealed four versions, including two EV and two PHEV models. The Han L EV will be available in single- and dual-motor configurations. With a peak power of 580 kW (777 hp), the single-motor model packs more power than expected.

BYD’s dual-motor Han L gains an additional 230 kW (308 hp) front-mounted motor. As CnEVPost pointed out, the vehicle’s back has a “2.7S” badge, which suggests a 0 to 100 km/h (0 to 62 mph) sprint time of just 2.7 seconds.

BYD-Han-L-EV
BYD Han L EV (Source: China MIIT)

To put that into perspective, the Tesla Model S Plaid can accelerate from 0 to 100 km in 2.1 seconds. In China, the Model S Plaid starts at RBM 814,900, or over $110,000. Speaking of Tesla, the EV leader just unveiled its highly anticipated Model Y “Juniper” refresh in China on Thursday. It starts at RMB 263,500 ($36,000).

BYD already sells the Han EV in China, starting at around RMB 200,000. However, the single front motor, with a peak power of 180 kW, is much less potent than the “L” model. The Han EV can accelerate from 0 to 100 km/h in 7.9 seconds.

BYD-Han-L-EV
BYD Han L EV (Source: China MIIT)

At 5,050 mm long, 1,960 mm wide, and 1,505 mm tall with a wheelbase of 2,970 mm, BYD’s new Han L is roughly the size of the Model Y (4,970 mm long, 1,964 mm wide, 1,445 mm tall, wheelbase of 2,960 mm).

Other than that it will use a lithium iron phosphate (LFP) pack from BYD’s FinDreams unit, no other battery specs were revealed. Check back soon for the full rundown.

Source: CnEVPost, China MIIT

FTC: We use income earning auto affiliate links. More.

Continue Reading

Technology

Zuckerberg says Biden administration pushed Meta ‘super hard’ to take down vaccine content

Published

on

By

Zuckerberg says Biden administration pushed Meta 'super hard' to take down vaccine content

Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. Meta debuted its first pair of augmented reality glasses, devices that show a combined view of the digital and physical worlds, a key step in Zuckerberg’s goal of one day offering a hands-free alternative to the smartphone.

David Paul Morris | Bloomberg | Getty Images

Meta CEO Mark Zuckerberg told Joe Rogan in a podcast published on Friday that his company was pressured by the Biden administration to remove content on side effects of Covid vaccines.

Early in a conversation that lasted about three hours, Zuckerberg told Rogan that he’s generally “pretty pro rolling out vaccines” and that they are “more positive than negative.”

“But I think that while they’re trying to push that program, they also tried to censor anyone who is basically arguing against it,” Zuckerberg said.

A Biden administration representative didn’t immediately respond to a request for comment.

The remarks come days after Meta said it would stop relying on third parties to check facts published on its widely used applications and instead turn to community notes, letting users add commentary regarding truthfulness. The strategy puts Meta more inline with X, whose owner, Elon Musk, has been advising President-elect Donald Trump and was a major backer of his campaign.

It’s also the latest in a string of announcements and comments following Trump’s election that appear targeted at appeasing the incoming president. Last week, Meta replaced its president of global affairs, Nick Clegg, with Joel Kaplan, the company’s current policy vice president and a former Republican Party staffer.

Meta was one of several large technology companies to announce that it was contributing $1 million to Trump’s inauguration, NBC News reported.

Zuckerberg has expressed criticism in the past about the Biden administration’s handling of Covid-related content.

In a letter to the Republican-led House Judiciary Committee in August, Zuckerberg said the administration “pressured” Meta to “censor” Covid-19 content, adding that he regretted some of the decisions the company made following those requests.

“And they pushed us super hard, to take down the things that were honestly were true,” Zuckerberg told Rogan. “They basically pushed us and said, you know, anything that says that vaccines might have side effects, you basically need to take down.”

Zuckerberg didn’t specify who from the White House made the requests, acknowledging that “I wasn’t involved in those conversations directly.” But he said the company’s response was that it wasn’t going to take down content that “is kind of inarguably true.”

The Food and Drug Administration said in 2021 that headache, fatigue, muscle aches, nausea and fever were the most common side effects of Johnson & Johnson’s single-shot Covid vaccine. Worldwide, Covid vaccines are credited with saving tens of millions of lives a year when the pandemic was raging.

On a separate matter, Zuckerberg said that the U.S. government hasn’t done enough to protect its technology industry, leaving too much power in the hands of regulators abroad. He said the European Union has fined technology companies more than $30 billion over the past 20 years.

“It’s one of the things that I’m optimistic about with President Trump, is I think he just wants America to win,” Zuckerberg said.

WATCH: Reed: Is Facebook a news platform or a vehicle for information?

Reed: Is Facebook a news platform or a vehicle for information?

Continue Reading

Trending