Swissquote adds Deutsche Bank as new issuer on Swiss DOTS

Swissquote Bank Ltd keeps building the offering on the over-the-counter trading platform Swiss DOTS. Today, the company announced the addition of Deutsche Bank AG (ETR:DBK) as a new issuer.

Deutsche Bank becomes the fourth provider of leveraged products via the platform, which was launched in May 2012 in cooperation with UBS AG (SWX:UBSN) and Goldman Sachs Group Inc (NYSE:GS). The online investment service already offers clients to trade OTC in more than 40,000 leveraged products, including warrants, factor certificates and mini-futures. These products are available exclusively via the Swissquote platform and can be traded directly with their issuers from Monday to Friday, between 8am and 10pm. Swiss DOTS complements the offering on the SIX Structured Products Exchange (SSPE).

“We are delighted to be gaining an established and successful partner in the derivatives market by having Deutsche Bank on board. The steadily growing volume of transactions is confirmation that Swiss DOTS is an attractive proposition for our clients”, stated Mark Burki, the CEO of Swissquote Bank Ltd.

UnknownStefan Armbruster, Head of Warrants &Certificates, AWM Passive at Deutsche Bank AG, added: “As a long-standing partner of Swissquote Bank, joining Swiss DOTS was the next logical step. This enables us to make a wider range of leveraged products with narrow spreads available to customers.”

Swiss DOTS continues to expand, with approximately 15,000 transactions carried out each month via the platform on average. Its market share, measured in terms of all leveraged securities transactions at the SSPE, was around 30% at the end of June 2015.

To view the official announcement from Swissquote, click here.

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