Boerse Stuttgart Group takes a strategic step towards further growth in its capital markets business. TradeREBEL, a new platform for zero-fee securities trading, is being launched, to which banks and online brokers will connect. TradeREBEL thus complements Boerse Stuttgart Group‘s established offering.
“We are an established infrastructure provider in the capital markets business, delivering innovative solutions for institutional partners. The connection to TradeREBEL enables banks and brokers to address relevant client groups precisely. With TradeREBEL, we will be actively shaping the market for zero-fee securities trading. Entering the zero-fee segment is a strategic step for us. As a European exchange group, we have already accomplished it this year in Switzerland at our exchange BX Swiss”, says Dr Matthias Voelkel, Chief Executive Officer of Boerse Stuttgart Group.
At the launch of TradeREBEL, a pilot partner is connected in its onboarding phase. Other banks and online brokers will gradually connect to TradeREBEL and provide their clients with access to the zero-fee platform. From 8.00 to 22.00 hours, TradeREBEL facilitates trading at no fees in around 2,000 German and international equities, and about 2,000 exchange-traded products (ETPs). As a regulated trading platform, TradeREBEL offers full pre-trade and post-trade transparency. “Crucial to TradeREBEL is high-quality trading at no fees. With these factors, we intend to set new standards for the zero-fee segment. With the experience of our subsidiary EUWAX AG as liquidity provider, we ensure a high level of availability and fair prices on TradeREBEL, even outside core trading hours and during turbulent times on the market,” comments Dragan Radanovic, Chief Business Officer of Boerse Stuttgart Group and CEO of EUWAX AG.