on FlatexDEGIRO AG (isin : DE000FTG1111)
FlatexDEGIRO Transforms into European Company (SE)
flatexDEGIRO, a leading online brokerage in Europe, has transitioned from a German stock corporation to a European Company, known as Societas Europaea (SE). This shift aligns the company's legal status with its pan-European operational framework. CEO Oliver Behrens stated that this change supports flatexDEGIRO's mission to enhance its platform for wealth building while maintaining transparency and innovation.
The change does not affect its local operations, stock market listing, or management structure. The Group's subsidiary, flatexDEGIRO Bank AG, also adopted the SE legal form.
Serving over 3 million clients across 16 nations, flatexDEGIRO manages assets worth €90 billion and facilitates more than 60 million transactions annually. Brokerage services are extended through DEGIRO, flatex, and ViTrade on multiple global exchanges, using robust proprietary technology.
R. P.
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