ESCHBORN, 27-Jan-2017 — /EuropaWire/ — DEGIRO, one of Europe’s largest retail brokers and Eurex, Europe’s largest derivatives exchange team up to jointly educate retail investors: A new section on DEGIRO’s website explains the products listed on Eurex with input coming directly from the extensive knowledge pool of the derivatives exchange.
Gijs Nagel, COO and Founder of DEGIRO; “This step fits perfectly in our long term strategy. Our clients will benefit from the broad knowledge available at Eurex. We expect that clients can materialize this knowledge by becoming more aware of the working of listed products. Being one of the largest brokers in Europe, we feel it is our duty to do more in terms of education. We expect to come with more steps toward that goal in the future. “
Mehtap Dinc, member of the Eurex Executive Board, said: “Our diversified portfolio covers various asset classes as well as an extensive range of products, including some of the world’s most heavily traded derivatives contracts. Educating investors on the nature of these products to help them make confident investment decisions is an important part of our responsibility towards the markets.”
Operated by Deutsche Börse AG, Eurex offers a broad range of international benchmark products as well as equity options on European companies, volatility derivatives and Mini futures on DAX, featuring open and low-cost access. Trading volume at Eurex exceeds 1.7 billion contracts a year, making us the market place of choice for the derivatives community worldwide.
In 2013 DEGIRO launched its brokerage service in the Netherlands offering retail investors the same fees as professional clients. Today DEGIRO has grown substantially, more than 145000 clients use the platform. processing transactions worth in excess of €30 billion on stock exchanges worldwide. DEGIRO is the largest broker in the Netherlands and a top 10 player in Europe. DEGIRO is currently active in 18 different countries. DEGIRO’s goal is to become the largest retail broker in the world by taking away the price difference between professional and retail investors.
SOURCE: Eurex Group