29.04.2015
Baader Bank AG DE0005088108
Helvea Inc. offers full suite of derivatives products for North American institutional clients
(DGAP-Media / 29.04.2015 / 15:29)
Helvea Inc., the US subsidiary of the Baader-Helvea Group, can now offer
its full suite of derivatives products to its institutional client base in
North America. It has become a member of the National Futures Association
(NFA) and has been granted a licence by the Commodities Futures Trading
Commission (CFTC) as an Introducing Broker for commodities.
This is in addition to Helvea Inc.'s SEC broker-dealer licence which allows
it to offer securities execution and clearing through Baader Bank AG for a
broad range of markets globally - including US Securities and ADRs.
"Adding a full range of derivatives and securities for execution to our
existing Germany/Austria/Switzerland research product further strengthens
our franchise in North America" said Oliver Riedel, Chief Executive Officer
of the Helvea Group and Co-Head of Corporates & Markets at Baader Bank AG,
adding "It gives our institutional clients based there access to the core
of what the Baader-Helvea group offers its clients in Europe".
In reference to the number of fully regulated entities within the Group,
Morgan Deane, Member of the Board and International Head of Legal &
Compliance explained "In an environment where regulatory reputation is a
key element of doing business, Baader-Helvea is committed to providing
clarity and certainty to its clients by dealing through its locally
regulated subsidiaries."
About
Helvea Group is a subsidiary of Baader Bank AG, a supra-regional broker
covering the Switzerland, Germany and Austria region. Baader Bank, based in
Unterschleissheim near Munich, has a full banking license in Germany. The
group provides trading capabilities for equities and derivatives, as well
as research with a targeted coverage of 220 companies.
End of Media Release
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Issuer: Baader Bank AG
Key word(s): Finance
29.04.2015 Dissemination of a Press Release, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Baader Bank AG
Weihenstephaner Str. 4
85716 Unterschleißheim
Germany
Phone: +49 89 5150 1881
Fax: +49 89 5150 29 1880
E-mail: [email protected]
Internet: www.baaderbank.de
ISIN: DE0005088108
WKN: 508810
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich (m:access), Stuttgart; Open
Market in Frankfurt
End of News DGAP-Media
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