Online broker flatex AG has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since today. The Frankfurt-headquartered company was previously listed in the Scale segment.

The change was accompanied by BankM. Designated Sponsors in Xetra trading are Hauck & Aufhäuser Privatbankiers, M. M. Warburg & Co and Mainfirst Bank. ICF Bank is the Specialist for the trading venue Börse Frankfurt.

According to flatex’s website, the online broker is a brand of flatex Bank AG. The company specialises in the non-advisory securities business and targets active, well-informed traders who prefer to trade independently. The trading offering extends across all types of securities, with trading options on all German and many international stock exchanges as well as over-the-counter direct trading and CFD trading.

The broker provides a “WebBranch”, which can be accessed over the Internet, to trade securities and CFDs. This clear and easy-to-use trading interface enables the secure and quick trading of shares, certificates, subscription warrants, bonds, funds, ETFs and CFDs based on the permanent discount pricing model of the custodian and account-holding cooperation partner developed specifically for flatex customers.

The broker says its discount pricing model also distinguishes it from most of such competitors, making it an attractive alternative to branch and direct banks for ranging from average investors to very active traders. The fee model, which was established in 2006, gets rid of previously popular volume-dependent fees in securities trading in favour of a flat fee, to which only the external costs, that in case of for exchange trading, are added.

The company’s customers can buy and sell shares, certificates, subscription warrants, bonds, funds and ETFs in exchange trading or in over-the-counter direct trading. Exchange trading is possible on all German trading floors and on the electronic exchange platforms Xetra, Frankfurt Zertifikate AG and EUWAX. International share trading is possible on various European exchanges (incl. Euronext), in the USA and Canada.