Trade Republic Bank GmbH
Trade Republic launches bond trading in new app.
Issuer: Trade Republic Bank GmbH
/ Key word(s): Product Launch/Bond
“In the current environment, bonds are an important asset to benefit from high interest rates over the long term. We are the first broker in Europe to open up this asset class to retail investors,” says Christian Hecker, Co-Founder of Trade Republic. “For a long time, people had to rely on expensive banks or advisors to access the bond market. With this new offering, we are taking another step to make the capital market accessible to everyone and empower people to create wealth.” Trade Republic unlocks two key challenges of the bond market for retail investors: Usually, bonds require a minimum of €1,000 investments. This makes them hard to afford for many people. In addition, it’s cumbersome to find relevant bonds, which are liquid at the moment. As the first broker in Europe, Trade Republic now offers 500 liquid government and corporate bonds, with a minimum investment of 1 €. This comes with the customary no order commission, and a third-party fee of one euro for settlement. This opens up bond trading to a broad customer group for the first time in Europe. It is in line with Trade Republic’s mission to open up the capital market for everyone. The current market environment with high interest rates, which have just been raised once again by the ECB, offers European savers the opportunity to grow their wealth over the long term. Bond trading comes along with a new app version. “Over the last four years, we have grown to become the largest savings platform in Europe,” says Marsel Nikaj, VP Products at Trade Republic. “Millions of Europeans have started saving with Trade Republic for the very first time in their lives. With this feedback, we redesigned the app from the ground up. The all new Trade Republic app makes investing easier, faster and more effective than ever.” In addition, Trade Republic passes through the interest of 4% p.a. on uninvested cash received from partner banks to its existing and new customers starting October 1, 2023. For additional information please visit Website I FAQ I Instagram I X Please do not hesitate to contact us directly Bettina Fries presse@traderepublic.com About Trade Republic Trade Republic is on a mission to set millions of Europeans up for wealth creation with secure, easy and commission-free access to capital markets. With customers across 17 European countries and billions of assets under management, Trade Republic is already the home screen app for many Europeans to manage their wealth. It offers investing in savings plans, fractional investing, ETFs, bonds, derivatives and crypto. Trade Republic is a technology company supervised by Bundesbank and BaFin. As Europe’s largest savings platform, Trade Republic has received investments by Accel, Ontario Teachers‘, Peter Thiel‘s Founders Fund, Sequoia and TCV. The company based in Berlin was founded in 2015 by Christian Hecker, Thomas Pischke, and Marco Cancellieri.
Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG. |
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden