IBXL is real-time streaming quotes interface for Interactive Brokers Trader Workstation and Microsoft Excel. Standalone installation of Interactive Brokers Trader Workstation (TWS) provides IBXL with online access to all market data feeds available at Interactive Brokers within the user's subscription rights. Interactive Brokers is the professional's choice for online trading of options, futures, forex, stocks, and bonds on over 70 markets worldwide.

IBXL downloads real-time streaming TWS quotes into Excel and thus it is possible to build charts, calculate technical analysis functions, create trading systems without the interruption of the data feed as tick-by-tick data is accumulated in Excel. I.e. IBXL allows to use wide range of features available in Excel environment to perform real-time quotes analysis and data visualization.