IG, a global trading and investing platform, has launched daily options on Tesla shares. These options offer same-day expiry contracts, allowing traders to open and close positions within a single trading day. This product is the first of its kind globally for an individual stock.

The launch coincides with the UK governments introduction of the "Leeds Reforms." These reforms aim to increase retail participation in financial markets as part of a broader plan to develop the UK into a leading global financial centre.

While IGs daily Tesla options focus on a US-listed stock and do not directly address the Leeds Reforms, IGs wider "Save Our Stock Market" campaign promotes greater retail investment in UK-listed companies, which aligns with the reforms objectives.

The new daily Tesla options are available exclusively on IGs platform. They allow traders to take short-term positions that expire at the US market close on the same day. These zero days to expiry options enable traders to respond quickly to intraday price changes and manage risks more precisely.

Similar products are not yet available on any global exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term , including in the US, where daily options on individual stocks have not been introduced.

The contracts will be offered Monday through Thursday, with weekly options still available on Fridays. Traders can access them via spread betting and contracts for difference (CFDs) through IGs desktop platform and mobile app.

The Leeds Reforms, announced at a summit in Leeds, seek to address the UK's relatively low levels of retail investment compared to other G7 countries. The reforms encourage moving personal savings from low-interest cash accounts into investment products.

IGs "Save Our Stock Market" campaign supports this idea and includes a short film featuring former Wimbledon champion Pat Cash. The campaign calls for increased attention from both the public and government to boost retail investment.

You may find it interesting at FinanceMagnates.com: IG Group Beats Estimates in FY25, Net Profit Jumps 24% to �380 Million.

Growing Demand for Short-Term Options

Demand for short-term options has grown significantly. In the US, zero days to expiry index options now make up over half of daily options volume. IG reports that options trading among its UK clients has increased by 27% in the past year. The number of active options traders on its platform has grown by 9%.

IG intends to expand its daily options offering to include other major US stocks soon. This move follows the broader trend of increasing interest in short-term derivatives trading.

IG, a global trading and investing platform, has launched daily options on Tesla shares. These options offer same-day expiry contracts, allowing traders to open and close positions within a single trading day. This product is the first of its kind globally for an individual stock.

The launch coincides with the UK governments introduction of the "Leeds Reforms." These reforms aim to increase retail participation in financial markets as part of a broader plan to develop the UK into a leading global financial centre.

While IGs daily Tesla options focus on a US-listed stock and do not directly address the Leeds Reforms, IGs wider "Save Our Stock Market" campaign promotes greater retail investment in UK-listed companies, which aligns with the reforms objectives.

The new daily Tesla options are available exclusively on IGs platform. They allow traders to take short-term positions that expire at the US market close on the same day. These zero days to expiry options enable traders to respond quickly to intraday price changes and manage risks more precisely.

Similar products are not yet available on any global exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term , including in the US, where daily options on individual stocks have not been introduced.

The contracts will be offered Monday through Thursday, with weekly options still available on Fridays. Traders can access them via spread betting and contracts for difference (CFDs) through IGs desktop platform and mobile app.

The Leeds Reforms, announced at a summit in Leeds, seek to address the UK's relatively low levels of retail investment compared to other G7 countries. The reforms encourage moving personal savings from low-interest cash accounts into investment products.

IGs "Save Our Stock Market" campaign supports this idea and includes a short film featuring former Wimbledon champion Pat Cash. The campaign calls for increased attention from both the public and government to boost retail investment.

You may find it interesting at FinanceMagnates.com: IG Group Beats Estimates in FY25, Net Profit Jumps 24% to �380 Million.

Growing Demand for Short-Term Options

Demand for short-term options has grown significantly. In the US, zero days to expiry index options now make up over half of daily options volume. IG reports that options trading among its UK clients has increased by 27% in the past year. The number of active options traders on its platform has grown by 9%.

IG intends to expand its daily options offering to include other major US stocks soon. This move follows the broader trend of increasing interest in short-term derivatives trading.