28.08.2018
FinTech Group AG DE000FTG1111
DGAP-News: FinTech Group AG: flatex sets new standard in leveraged trading with unique product architecture and premium partners
DGAP-News: FinTech Group AG / Key word(s): Product Launch/Sales Result
FinTech Group AG: flatex sets new standard in leveraged trading with unique
product architecture and premium partners
28.08.2018 / 09:59
The issuer is solely responsible for the content of this announcement.
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Corporate News / Frankfurt am Main, 08/28/2018
flatex sets new standard in leveraged trading (ETPs) with unique product
architecture and premium partners
7 premium partners offer over 2 million products at top conditions
The three product categories platinum, gold, and silver tackle the flat
rate:
platinum EUR 0.00 / gold EUR 1.90 / silver EUR 3.90 flat rate per order
flatex has the largest number of certificates and leveraged products (ETPs)
on offer in Germany, with long and short positions for all markets, at
reduced rates
Frankfurt/Main - FinTech Group AG (German securities code: FTG111, ISIN:
DE00FTG1111, ticker symbol: FTK.GR) offers its flatex customers from
September 01, 2018 Germany's largest selection of leveraged products (ETP:
Exchange Traded Products) in a unique product architecture at reduced rates.
Seven premium partners offer trades in the three product categories
platinum, gold, and silver for free or at flat rates of EUR 1.90 and EUR
3.90, respectively, depending on the premium partner. flatex, FinTech
Group's online broker, is thereby further consolidating its market
leadership in the trade of certificates and leveraged products (ETPs).
Flatex customers benefit not only from the attractive pricing, but also from
the premium partners' large product selections.
The premium partner certificates and leveraged products, which flatex
customers will be able to trade at very attractive flat rates, are
differentiated by the product categories platinum, gold, and silver as
follows:
platinum products for free by Morgan Stanley
gold products at a EUR 1.90 flate rate by Deutsche Bank, Goldman Sachs and
UBS
silver products at a EUR 3.90 flate rate by BNP Paribas, HSBC and Vontobel
"We are very happy that we can now offer our flatex customers seven premium
partners with their large product selections in certificates and leveraged
products, at attractive prices, in Germany and Austria" expressed FinTech
Group CEO Frank Niehage, underscoring the new product architecture. "If you
are looking for the best selection at budget prices in online trading,
there's no getting around flatex."
"Our continual growth in new customers, and the simultaneously increasing
number of trades per customer on the flatex platform, will receive a further
impetus from this new product architecture, which will benefit revenue as
well as net profit" outlines Muhamad Chahrour, FinTech Group's CFO, about
the product range expansion with the seven premium partners.
The new offer is valid from September 01, 2018. The products of platinum
partner Morgan Stanley can be traded OTC for free, with a minimum order
volume of EUR 500. The products of our gold and silver partners can be
traded at flat rates of EUR 1.90 and EUR 3.90, respectively, with a minimum
order volume of EUR 1.000.
Last but not least, here is the best news: flatex has once again been voted
first place in the annual online-broker-tests run by the editors of "EURuro
am Sonntag" magazine (31/2018 edition).
About FinTech Group AG
FinTech Group AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) is a
modern smart bank, that offers innovative financial technology, an own core
banking system and a regulatory liability umbrella.
The online broker flatex is the cash cow and offers an advanced, in-house
technology service at low cost. This makes flatex the fastest growing
trading platform in Europe.
This smart technology scales easily, which is why it is offered successfully
to B2B customers. Many well-known institutes as well as the state
infrastructure use these vital services. It helps startups and business
models who need a banking license through this model of white label banking
to achieve rapid success.
As a smart bank, despite bank consolidation, low interest rates and
digitization, FinTech Group AG is ideally positioned for further growth and
well on its way to becoming Europe's leading provider of financial
technology.
Disclaimer
This release may contain forward-looking statements and information that use
words such as 'expect', 'want', 'anticipate', 'intend', 'plan', 'believe',
'seek', 'estimate', 'will' or similar Terms are recognizable. Such
forward-looking statements are based on our current expectations and
assumptions that may involve a number of risks and uncertainties. The actual
results achieved by FinTech Group AG may differ significantly from the
statements in the forward-looking statements. FinTech Group AG undertakes no
obligation to update these forward-looking statements or to correct them in
any other than expected development.
Contact:
Jörg Peters
IR & Presse
FinTech Group AG
Rotfeder-Ring 5
D-60327 Frankfurt/Main
+49 (0) 69 450001 1701
[email protected]
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28.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: FinTech Group AG
Rotfeder-Ring 5
60327 Frankfurt / Main
Germany
Phone: +49 (0) 69 450001 041
E-mail: [email protected]
Internet: www.fintechgroup.com
ISIN: DE000FTG1111, DE0005249601
WKN: FTG111
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate
Exchange
End of News DGAP News Service
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