DGAP-News: Baader Bank AG extends Brokerjet's product range in the over-the-counter market.
(firmenpresse) - DGAP-News: Baader Bank AG / Key word(s): Alliance
Baader Bank AG extends Brokerjet's product range in the
over-the-counter market.
26.08.2013 / 10:00
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Baader Bank extends Brokerjet's product range in the over-the-counter
market.
With immediate effect, customers of Brokerjet Bank AG in Austria, a
subsidiary of Erste Bank Group AG, can deal with Baader Bank. Baader Bank
has extended Brokerjet's product range to include bonds, shares and funds&ETFs. It offers trading facilities in over 2,000 bonds, 2,500 shares and
2,500 ETFs&funds. Brokerjet's customers will also benefit from longer
trading hours: between 8 am and 10 pm every trading day. Bonds can be
traded between 8 am and 5 pm.
'This collaboration means that Brokerjet customers can now take advantage
of our tight spreads and high liquidity, and can be assured that their
orders will be executed as quickly and as competitively as possible',
explained Christian Grabbe, Direct Trading Manager at Baader Bank.
Furthermore, new intelligent order types are fully supported at Baader
Bank. Previously, bond trading at Brokerjet had to be conducted exclusively
by telephone, however, with immediate effect, it now is possible for
customers to use Brokerjet's online trading system. 'We are particularly
pleased to have Baader Bank as one of our partners as this allows us to
fulfill our customers' wish to have an online bond trading facility. We are
expecting to see a sharp rise in trading frequency via our new partner,'
said Michel Vukusic, Chairman and CEO of Brokerjet Bank AG.
The Companies
Baader Bank AG is one of the leading investment banks in Germany and is the
market leader for trading financial instruments. The Bank is a market
maker, responsible for pricing around 700,000 securities both
over-the-counter and via stock exchanges. Its investment banking service
includes developing funding solutions for companies in German speaking
countries. It provides institutional investors with the comprehensive range
of services required to sell and trade shares, bonds and derivatives.
www.baaderbank.com
Brokerjet Bank AG is a fully-owned subsidiary of Erste Group Bank AG and
has its own banking licence in Austria. As an online broker, Brokerjet is
committed to the speedy and professional settlement of trades both
over-the-counter and via stock exchanges. With its WebTrader and ProTrader
trading platforms Brokerjet offers tailor-made tools to suit individual
trading requirements. Brokerjet Academy also provides customers with an
extensive training programme free of charge. Currently, Brokerjet looks
after more than 56,000 customers and handles approximately 700,000 trades
per year.
www.brokerjet.at
Media contacts:
Baader Bank AG
Dr Hans-Wilhelm Eckert, Corporate Communications Manager, Tel. +49 89 5150
1881, hans-wilhelm.eckert(at)baaderbank.de
Brokerjet Bank AG:
Board Secretariat, Tel. + 43 1 53689 17726, presse(at)brokerjet.com
End of Corporate News
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26.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de andwww.dgap.de
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Language: English
Company: Baader Bank AG
Weihenstephaner Str. 4
85716 Unterschleißheim
Germany
Phone: +49 89 5150 1882
Fax: +49 89 5150 29 1880
E-mail: communications(at)baaderbank.de
Internet: www.baaderbank.de
ISIN: DE0005088108
WKN: 508810
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München (m:access), Stuttgart; Frankfurt in Open Market
End of News DGAP News-Service
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227419 26.08.2013
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Unternehmensinformation / Kurzprofil:
Datum: 26.08.2013 - 10:00 Uhr
Sprache: Deutsch
News-ID 290717
Anzahl Zeichen: 5484
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Kategorie:
Business News
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