flatexDEGIRO SE (FTK)

Overview

flatexDEGIRO AG is a leading European provider of online brokerage and IT solutions, specialized in financial and financial technology services. With its headquarters located in Frankfurt am Main, Germany, and established in 1999, the company has grown by combining high-quality financial services with cutting-edge technology across Europe. The transformation of flatex AG into flatexDEGIRO AG in October 2020 marked a significant milestone, reflecting its expanded capabilities and comprehensive offerings in the brokerage and financial technology sector. Operating through its Financial Services (FIN) and Technologies (TECH) segments, flatexDEGIRO AG serves a wide range of customers, from individual investors to professional traders, offering a suite of products that cater to their diverse needs.

Products and Services

flatexDEGIRO AG provides a broad spectrum of online brokerage and IT solutions through its two critical segments: Financial Services (FIN) and Technologies (TECH). The offerings under these segments include:

• Online Brokerage Services - This includes execution-only securities transactions available under the flatex brand, which cater to a broad range of financial instruments including shares, bonds, futures, options, stock-exchange-traded products, and stock-exchange-traded funds. DEGIRO, another brand under flatexDEGIRO AG, offers similar services but is tailored for a different segment of investors, providing easy access to global markets.
• Professional Trading Services - Under the ViTrade brand, professional traders have access to dedicated services like short selling for selected shares and bonds, as well as trading lines. This is designed to accommodate the sophisticated needs of professional market participants.
• Securities Settlement and Automated Transaction Processing - flatexDEGIRO AG streamlines the settlement process for security transactions, enhancing efficiency and reducing risks. This service is vital for both individual investors and institutions requiring reliable transaction processing.
• Business Process Outsourcing - The company offers outsourcing services for banking processes, allowing financial institutions to streamline operations and focus on their core activities.
• Securities-Backed Lending - Clients can leverage their securities portfolios to obtain loans, offering them liquidity without the need to liquidate their investments.
• Treasury Products - A range of products including overnight and fixed-term deposits, government and bank bonds, cash loans, and mortgage bonds. This allows clients to manage their cash and liquidity effectively.
• flatex Core Banking System - A technology platform developed by the TECH segment of flatexDEGIRO AG, offering a comprehensive solution for the technological mapping of banking operations. This platform is at the heart of flatexDEGIRO's IT infrastructure, enabling efficient management of banking processes and transactions.