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On 2 January, 2023, Boerse Stuttgart Group will launch Easy Euwax, a new segment for trading in securitised derivatives, thus complementing its proven and tested offering for retail investors in this asset class. Exchange transaction fees are not charged on any of the products listed in the Easy Euwax segment. “By launching Easy Euwax, Boerse Stuttgart Group is continuing its strategic entry into the zero-fee space in securities trading. 2022 has already seen the introduction of an offering on our subsidiary exchange BX Swiss and our zero-fee platform TradeREBEL for equities and exchange-traded products (ETPs). Now, trading without exchange fees becomes also possible for securitised derivatives, the most important asset class for our group,” said Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group.
The Easy Euwax segment is open to all issuers of securitised derivatives. Morgan Stanley has been the first issuer to list its products in Easy Euwax. This means that, at introduction, the segment comprises around 220,000 leverage and investment products on a wide variety of underlying assets. The online broker comdirect – a brand of Commerzbank AG – is also involved in Easy Euwax as a cooperation partner of Morgan Stanley. Investors are not charged either exchange fees or broker fees for campaign’s orders placed via comdirect for products listed in Easy Euwax.
“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 will strengthen exchange trading in securitised derivatives – together with issuers and trading participants as our partners. As one of the market leaders among exchanges in Europe, we aim to remain the driver of new initiatives and cooperation opportunities regarding securitised derivatives,” said Dragan Radanovic, Chief Business Officer of Boerse Stuttgart Group.
The independent Trading Surveillance Office monitors price fixing and transaction settlement for exchange trading in the Easy Euwax segment. The segment's own website provides investors with additional transparency ratios on the listed products as well as intuitive search features to make it easier to select products.
