IG, a global trading and investing platform, has launcheddaily options on Tesla shares. These options offer same-day expiry contracts,allowing traders to open and close positions within a single trading day. Thisproduct is the first of its kind globally for an individual stock.The launch coincides with the UKgovernment’s introduction of the "Leeds Reforms." These reformsaim to increase retail participation in financial markets as part of a broaderplan to develop the UK into a leading global financial centre. While IG’s daily Tesla options focus on a US-listed stockand do not directly address the Leeds Reforms, IG’swider "Save Our Stock Market" campaign promotes greater retailinvestment in UK-listed companies, which aligns with the reforms’objectives.New Trading Product for Short-Term TradersThe new daily Tesla options are available exclusively onIG’s platform. They allow traders to take short-term positions that expire atthe US market close on the same day. These zero days to expiry optionsenable traders to respond quickly to intraday price changes and manage risksmore precisely. Similar products are not yet available on any global exchange,including in the US, where daily options on individual stocks have not beenintroduced.The contracts will be offered Monday through Thursday, withweekly options still available on Fridays. Traders can access them via spreadbetting and contracts for difference (CFDs) through IG’s desktop platform andmobile app.Aligning with UK Retail Investment ReformsThe Leeds Reforms, announced at a summit in Leeds, seek toaddress the UK's relatively low levels of retail investment compared to otherG7 countries. The reforms encourage moving personal savings from low-interestcash accounts into investment products. IG’s "Save Our Stock Market"campaign supports this idea and includes a short film featuring formerWimbledon champion Pat Cash. The campaign calls for increased attention fromboth the public and government to boost retail investment.You may find it interesting at FinanceMagnates.com: IGGroup Beats Estimates in FY25, Net Profit Jumps 24% to £380 Million.Growing Demand for Short-Term OptionsDemand for short-term options has grown significantly. Inthe US, zero days to expiry index options now make up over half of dailyoptions volume. IG reports that options trading among its UK clients hasincreased by 27% in the past year. The number of active options traders on itsplatform has grown by 9%.IG intends to expand its daily options offering to includeother major US stocks soon. This move follows the broader trend of increasinginterest in short-term derivatives trading.This article was written by Tareq Sikder at www.financemagnates.com.