- BISON customers can now participate in the price development of precious metals, commodities, and indices
- With ETCs and ETNs, investment portfolios can be diversified simply and reliably within one app
- Some ETNs are equipped with leverage or enable investors to take positions on falling prices (short)
Stuttgart, April 9, 2024 – BISON, the Boerse Stuttgart Group’s retail trading platform, now offers trading in Exchange-Traded Commodities (ETCs) and Exchange-Traded Notes (ETNs) in fully regulated securities trading, in addition to 27 cryptocurrencies, +2,500 stocks, and ETFs. Hence, BISON customers can immediately partake in the price development of precious metals, commodities, and indices—with the ease and reliability that BISON users are accustomed to. The product range is continually expanding, with trading costs fixed at 1.99 euros per transaction, irrespective of the trade volume.
Some of the products are equipped with leverage or allow investors to take positions on falling prices. BISON continues to stand for safety, reliability, and transparency. The expansion of BISON's offerings is in response to strong demand from existing customers. “Our customers want to diversify their investments with the trading app they trust. By introducing ETCs and ETNs on BISON, retail investors now have further investment opportunities in assets like gold or oil," says Dr. Ulli Spankowski, CEO and Co-Founder of BISON.
For introducing ETCs and ETNs, BISON draws on the Boerse Stuttgart Group's long-standing experience and expertise in securities trading. With a transaction fee of 1.99 euros per trade, BISON offers comparatively low costs, and no additional trading venue fees apply.
Securities trading is initially accessible via the mobile app version in Germany for German citizens, operating from Monday to Friday, 8:00 to 22:00 (excluding certain holidays). Buy orders for securities can be placed up to an amount of 100,000 euros per transaction, with no limit on the number of orders per day. There is no cap on the volume of sell orders. Customers can engage in trading ETCs and ETNs as soon as they are approved for securities trading on BISON. All transactions are conducted on the regulated trading platform of the Boerse Stuttgart Group, ensuring a secure and compliant trading environment.
Further information on the offering of ETCs and ETNs on BISON can be found here.
