23.06.2021 flatexDEGIRO AG  DE000FTG1111

DGAP-News: flatexDEGIRO signs pan-European agreement with Tradegate to further enhance the trading offering for international customer


DGAP-News: flatexDEGIRO AG / Key word(s): Alliance
flatexDEGIRO signs pan-European agreement with Tradegate to further enhance the trading offering for international customer

23.06.2021 / 15:15
The issuer is solely responsible for the content of this announcement.

Corporate News / Frankfurt/Main, 23 June 2021

flatexDEGIRO signs pan-European agreement with Tradegate to further enhance the trading offering for international customer

- Providing all DEGIRO customers direct access to Europe's biggest retail trade exchange

- Enabling early and late trading from 8 a.m. to 10 p.m.

- Driving further growth by enhancing unique European brokerage platform

Frankfurt/Main - flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR), Europe's largest and fastest growing retail online broker, today announced the signing of an international agreement with Tradegate AG Wertpapierhandelsbank, operator of Europe's largest trade exchange for retail customers. Starting in July/August 2021 all DEGIRO customers across Europe will thereby benefit from Tradegate's wide product offer, narrow spreads and a significant extension of trading hours, including early and late trading from 8 a.m. to 10 p.m.

"We bring together the unique offerings of Europe's leading retail online broker and Europe's leading retail trade exchange. DEGIRO customers will thereby directly benefit from a widening of our service offer, such as early and late trading", says Frank Niehage, CEO of flatexDEGIRO AG. "Enhancing our unique online brokerage platform and further retailizing online brokerage access sets us apart even more from old-established incumbents and will support our long-term growth by gaining substantial market share."

Tradegate Exchange is a regulated trading venue in which Deutsche Börse AG is the majority shareholder with a stake of 60 percent. With a turnover of 324 billion euros in 2020, it is the largest exchange for private investors in Europe. The extensive product range offers trading in over 18,000 securities.

"Providing all flatexDEGIRO customers access to our services is a huge step for us to further internationalize our business in our ambition to be Europe's first address for retail investors", adds Thorsten Commichau, Managing Director of Tradegate Exchange. "Our core competence in trading equities and ETFs, our strong European growth focus and the clear orientation towards retail customers create the perfect fit with flatexDEGIRO."

"Connecting our DEGIRO customers to Tradegate Exchange is the logical next step in increasing customer benefits, delivering on our synergy targets and retailizing capital market access with highest reputable partners", explains Muhamad Chahrour, CFO of flatexDEGIRO AG and CEO of DEGIRO. "Coming out of lockdown, people in most European countries will fortunately once again be able to pursue their normal jobs from nine to five. Executing their investment and trading ideas outside of working hours will thus become imperative for an increasing share of our customers. With early and late trading via Tradegate, our intuitive trading app and most attractive pricing, we support our customers herein in a truly outstanding and unique way."


Achim Schreck
Head of IR & Corporate Communications

Tel. +49 (0) 69 450001 0
[email protected]

Rotfeder-Ring 7
D-60327 Frankfurt/Main

About flatexDEGIRO AG

flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates one of the leading and fastest growing online brokerage businesses in Europe, executing millions of paperless securities transactions per annum. B2C customers in 18 European countries are serviced via the flatex and DEGIRO brands and offered a wide range of independent products at competitive pricing, based on a modern, in-house state-of-the-art technology.

With more than 1.25 million customers and over 75 million securities transactions in 2020, flatexDEGIRO is the largest retail online broker in Europe. In a time of bank consolidation, low interest rates and digitalization, the flatexDEGIRO Group 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.

23.06.2021 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.

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Language: English
Company: flatexDEGIRO AG
Rotfeder-Ring 7
60327 Frankfurt / Main
Phone: +49 (0) 69 450001 0
E-mail: [email protected]
Internet: www.flatexdegiro.com
ISIN: DE000FTG1111
Indices: SDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1211194

End of News DGAP News Service

1211194  23.06.2021 


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 75,19 95,02 107,01 125,10 131,95 261,49 380,00
EBITDA1,2 19,74 30,62 32,07 42,37 37,58 98,43 165,00
EBITDA-Marge3 26,25 32,22 29,97 33,87 28,48 37,64 43,42
EBIT1,4 17,24 25,47 26,48 30,62 24,75 73,79 146,00
EBIT-Marge5 22,93 26,80 24,75 24,48 18,76 28,22 38,42
Jahresüberschuss1 -2,16 12,32 16,80 17,47 14,91 49,92 97,00
Netto-Marge6 -2,87 12,97 15,70 13,96 11,30 19,09 25,53
Cashflow1,7 -58,71 -143,96 0,11 250,07 -157,25 141,45 69,00
Ergebnis je Aktie8 -0,10 0,73 1,00 0,98 0,77 2,16 3,50
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: BDO

WKN Kurs in € Einschätzung Börsenwert in Mio. €
FTG111 101,800 Kaufen 2.791,98
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
23,14 26,15 0,88 119,77
6,27 19,74 10,68 28,37
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
0,00 0,00 0,00 29.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
20.04.2021 31.08.2021 09.11.2021 08.04.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,91% 25,57% 60,32% 162,03%
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FinTech , FTG111 , FTK , XETR:FTK