New Investment Platform for Expats in Spain
BinckBank is a Dutch stock-brokerage. It offers an online trading platform to trade financial assets. Recently, Saxo Bank has completed the acquisition of BinckBank and now owns 95% of the total issued and outstanding share capital of the online broker. BinckBank plans to create a new platform and substantially expand its services in Spain. The new platform, which will be based on Saxo Bank’s technology. The platform offers a trading environment developed by the broker. It will give traders access to multi-asset trading through the BinckBank brand.
The CEO of Saxo Bank, Kim Fournais comments on the new investment platform. He states that Saxo Bank can now give BinckBank’s clients access to the wide range of investment opportunities, variety of tools, technical assistance, and services on the Saxo Bank Broker Platform.
Saxo Bank is working on quick and beneficial integration of both the Dutch stock-brokerages. The partnership in Spain is an important first step in their journey together. Both of them are engaged in supplying their clients with leading market and trading experience. Their users can look forward to getting even better products, services, platforms, and prices in the future.
An alternative post-Brexit platform
The platform is designed for more than 2.5 million European expats staying or living in Spain. The platform will support at least 26 other languages, including English and Dutch. Besides, it will allow expats to access trade products and extensive selection of global markets across the asset classes.
In addition, with this new multilingual platform BinckBank’s branch in Spain can reach a much broader group of potential investors. This project includes a large number of English-speaking expats. Also, it will facilitate access to a wider selection of global markets, among Dutch customers, and trade a variety of products.
- Trading Instrument
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