DGAP-News: flatexDEGIRO launches its pan-European ETP offering with BNP Paribas and Société Générale to more than 2 million customers
DGAP-News: flatexDEGIRO AG
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flatexDEGIRO launches its pan-European ETP offering with BNP Paribas and Société Générale to more than 2 million customers - Scale of flatexDEGIRO, Europe's first online broker serving more than 2 million customers, drives high attractiveness of its platform for market leading product issuers - Low commission of 0.50 EUR in direct OTC trading - Expanded ETP partnerships already fully launched in Germany and the Netherlands, France to follow this week, more countries to be onboarded in 2022 Frankfurt/Main - flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR), Europe's largest and fastest-growing retail online broker, enhances its unique offer of Exchange Traded Products (ETPs) to DEGIRO customers in key markets such as Germany, the Netherlands and soon France. Strong product partnerships with leading global investment banks BNP Paribas and Société Générale will allow customers to trade thousands of products for as little as 0.50 EUR. Backed by its technological edge and high levels of efficiency, flatexDEGIRO is able to leverage its platform to continuously improve its value proposition to clients, including commission-free brokerage at US and leading European exchanges. Frank Niehage, CEO of flatexDEGIRO AG: "Already, more than 2 million customers put their trust in our platform when it comes to sustainable investing and trading. I am very excited to take our partnerships with Société Générale and BNP Paribas to the next, European level. Offering such a wide range of Exchange Traded Products (ETPs), issued by leading global investment banks, marks an important milestone in our commitment to continuously deliver outstanding product and service innovation. The cooperations also underscore the huge attractiveness of our retail brokerage platform to market leading product issuers in the financial industry." Klaus Oppermann, Head of Public Distribution, Europe at Société Générale: "We are very much looking forward to further expanding our partnership with flatexDEGIRO and extending the range of our state-of-the-art investment and securities product offering to millions of existing and potential DEGIRO customers across Europe." Muhamad Chahrour, CEO of DEGIRO and CFO of flatexDEGIRO: "This is the next big step in our mission to further retailise access to online brokerage after introducing zero commission trading. Product partnerships and the further verticalization of our brokerage platform will play a key role in our long-term growth strategy and in increasing profitability targets. We have delivered this year on all our product innovation promises: the introduction of early and late trading in our international markets, the evolution of our trading app 'flatex next 3.0' and now the European ETP offering. In less than 18 months we have become the European market leader, demonstrating fastest profitable growth among all listed and non-listed peers - and we have met our first ambitious commercial target of 2 million customers, well ahead of year-end."
Contact: Achim Schreck
flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates a leading and fastest growing online brokerage platforms in Europe. Based on modern, in-house state-of-the-art technology customers of the flatex and DEGIRO brands are offered a wide range of independent products with execution at top TIER 1 exchanges. Its technological edge as well as high levels of efficiency and strong economies of scale allows flatexDEGIRO to continuously improve its value proposition to clients, including commission-free brokerage. With more than 2 million customers and close to 100 million securities transactions p.a., flatexDEGIRO is the largest retail online broker in Europe. In a time of bank consolidation, low interest rates and digitalization, flatexDEGIRO is ideally positioned for further growth. Within the next five years, flatexDEGIRO aims to grow its customer base to 7-8 million customers, settling 250-350 million transactions per year - even in years with low volatility. More information via https://www.flatexdegiro.com/en Contact: Achim Schreck Head of IR & Corporate Communications flatex AG Rotfeder-Ring 7 D-60327 Frankfurt/Main +49 (0) 69 450001 1700 [email protected]
07.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | flatexDEGIRO AG |
Rotfeder-Ring 7 | |
60327 Frankfurt / Main | |
Germany | |
Phone: | +49 (0) 69 450001 0 |
E-mail: | [email protected] |
Internet: | www.flatexdegiro.com |
ISIN: | DE000FTG1111 |
WKN: | FTG111 |
Indices: | SDAX |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1254744 |
End of News | DGAP News Service |
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1254744 07.12.2021
flatexDEGIRO AG Aktie
Die Community zeigt leichtes Interesse an flatexDEGIRO AG mit mehr Buy- als Sell-Einschätzungen.
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