Renell Wertpapierhandelsbank AG
Renell Wertpapierhandelsbank AG: Assumption of Specialist Mandates of TriTrade GmbH as per May 23, 2011
Renell Wertpapierhandelsbank AG / Key word(s): Miscellaneous Renell Wertpapierhandelsbank AG Assumption of Specialist Mandates of TriTrade GmbH as per May 23, 2011 March 30, 2011 ——————————————————————– Frankfurt/M., March 30, 2011 Renell Wertpapierhandelsbank AG is assuming the specialist mandates of TriTrade GmbH as per May 23, 2011. TriTrade GmbH manages trading of numerous prime- and general standard values on the Frankfurt Stock Exchange. In the banks-group, Commerzbank AG (DAX) and the group ‘Industrial Machinery’, the mandates Heidelberger Druckmaschinen (MDAX), Demag Cranes (MDAX), Gildemeister (MDAX) and Praktiker Bau (MDAX) must be stressed. ‘These supplement the previous mandates of Renell Wertpapierhandelsbank AG very well and lead to a broader diversification in Renell AG’s stocks trading division’, Peter Renell, Chairman of the Management Board of Renell Wertpapierhandelsbank AG in Frankfurt, stated. With this take-over, Renell Wertpapierhandelsbank AG can become the third largest lead broker /specialist on the Frankfurt Stock Exchange, as measured by total order-book turnover (stocks). Renell Wertpapierhandelsbank AG, based in Frankfurt am Main, specializes in trading (lead broker/specialist/designated sponsor/floor trading) with national and international stocks and bonds with its staff of 28. In addition, Renell Wertpapierhandelsbank AG provides consulting to national and international companies with regard to IPOs and in 2010 was market leader at First Quotation Board Listings on the Open Market of the Frankfurt Stock Exchange. For more information on Renell Wertpapierhandelsbank AG visit: http://www.renellbank.com Renell Wertpapierhandelsbank AG, Schillerstr. 2, 60313 Frankfurt/M. End of Corporate News 30.03.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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