Vontobel further expands strong position of its own multi issuer platform deritrade® and acquires derivative.com AG
Published on 08.09.2017 CEST
Vontobel is to acquire 100% of the shares of derivative.com with effect from 15 May 2014. Around 10 issuers offer their structured products on the multi issuer platform operated by derivative.com. The full integration of derivative.com into deritrade® will accentuate the leading market position of Vontobel’s multi issuer platform and underscore its leadership claim in the platform business.
Vontobel is further expanding the market leadership of its own multi issuer platform deritrade® in the platform business with the acquisition and full integration of derivative.com. Issuers that join deritrade® benefit from significant efficiency gains along the entire structured products process chain – from the design phase through to distribution. The resulting cost savings generate added value for purchasers of structured products, thus increasing their attractiveness compared to other asset classes such as equities or bonds. In addition, the fully automated multi issuer offering from Vontobel deritrade® allows for the direct comparison of prices and thus already addresses future requirements relating to price transparency that will apply in connection with stricter investor protection rules.
Contacts
| Media Relations: | Reto Giudicetti | +41 (0)58 283 61 63 |
| Investor Relations: | Fabrizio Croce | +41 (0)58 283 51 26 |
Published on 08.09.2017 CEST