BNP Paribas is listing structured securities as an issuer in the Easy Euwax trading segment of Boerse Stuttgart Group. For the approximately 320,000 leveraged and investment products of BNP Paribas listed in Easy Euwax, no exchange transaction fees are charged.
As an exchange-based zero-fee segment, Easy Euwax complements the proven and tested Euwax segment of Boerse Stuttgart Group for structured securities trading and is open to all issuers. Morgan Stanley was the first issuer to list its products in Easy Euwax, followed by Raiffeisen Bank International, Erste Group, UniCredit, and Vontobel. In total, the trading segment now comprises over 1,1 million leveraged and investment products on a wide variety of underlyings.
As a cooperation partner of BNP Paribas, the online broker comdirect – a brand of Commerzbank AG – is also involved in Easy Euwax. For orders placed via comdirect for BNP Paribas products listed in Easy Euwax, investors are not charged either exchange fees or broker fees (plus market spreads, inducements, and product costs).
"With Easy Euwax, investors benefit from high exchange trading quality and transparency at no exchange transaction fees. Through this low-cost and reliable offering, we are strengthening exchange trading in structured securities – together with the issuers as our partners. We are delighted that another renowned issuer as BNP Paribas has joined Easy Euwax now,” says Markus Jung, Head of Leveraged and Investment Products at Boerse Stuttgart.
“Through our presence in the Easy Euwax segment of Boerse Stuttgart, we are bringing our offering of structured products to the next level. As a result, our customers benefit from further reduced costs and the same reliability and quality when trading our certificates and warrants,” says Grégoire Toublanc, Head of Exchange Traded Solutions at BNP Paribas.
The independent Trading Surveillance Office monitors price fixing and transaction settlement for exchange trading in the Easy Euwax segment. Investors are also provided with additional transparency ratios on the listed products as well as intuitive search features to make it easier to select products on the website of Boerse Stuttgart.
