from Baader Wertpapierhandelsbank AG (isin : DE0005088108)
EQS-Adhoc: Baader Bank issues statement on change in competitive situation
EQS-Ad-hoc: Baader Bank AG / Key word(s): Alliance
Baader Bank issues statement on change in competitive situation
10-Dec-2024 / 06:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Baader Bank issues statement on change in competitive situation
Baader Bank's cooperation partner Scalable Capital announced today that the company will operate with a new and expanded business model from now on.
This step results in a new competitive market environment for Baader Bank, as the cooperation partner will be able to provide services comparable to Baader Bank from a regulatory perspective.
This step will not have any immediate impact on Baader Bank's account and securities account customers who are currently linked to Scalable Capital.
Baader Bank will publish a detailed press release in due course.
For further information and media inquiries:
Marlene Constanze Hartz
Senior Manager
Group Communication
T +49 89 5150 1044
marlene.hartz@baaderbank.de
Baader Bank AG
Weihenstephaner Strasse 4
85716 Unterschleissheim, Germany
Next dates:
24/08/2024 Börsentag Zurich
07/09/2024 Börsentag Berlin
23-26/09/2024 Baader Investment Conference 2024
About Baader Bank AG:
Baader Bank is one of the leading European partners for investment and banking services. Trading and banking are combined using a single powerful platform that offers a unique setup and optimum access to the capital market using a secure, automated and scalable approach. As a family-run full-service bank with its headquarters in Unter-schleissheim near Munich, Baader Bank AG employs around 550 staff members and operates in Market Making, Capital Markets, Brokerage, Fund Services, Account Services and Research Services.
End of Inside Information
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| Language: | English |
| Company: | Baader Bank AG |
| Weihenstephaner Str. 4 | |
| 85716 Unterschleissheim | |
| Germany | |
| Phone: | +49 89 5150 1017 |
| Fax: | +49 89 5150 1111 |
| E-mail: | communications@baaderbank.de |
| Internet: | www.baaderbank.de |
| ISIN: | DE0005088108 |
| WKN: | 508810 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange |
| EQS News ID: | 2047425 |
| End of Announcement | EQS News Service |
2047425 10-Dec-2024 CET/CEST