Huddlestock Systems GmbH , a wholly owned subsidiary of theHuddlestock Group , has partnered up withBaader Bank to provide the customers best in class executions and low-cost trading.Baader Bank is the pre-eminent liquidity provider on the German Gettex exchange and offers best in class executions at market leading rates. Huddlestock clients will benefit from fast and efficient trading with the best possible service. Through the partnership withBaader Bank , Huddlestock will be able to allow eligible clients to trade at zero commission in over 20.000 of the most popular financial instruments. Huddlestock CEO,John Skajem commented: "The partnership with Baader will help put Huddlestock at the top of the German discount broker list and that we are excited to be able to offer clients the opportunity to benefit fromBaader Bank's execution prowess."Nico Baader , Chairman of the Board ofBaader Bank AG , commented that he was impressed with Huddlestock's technology solutions and that he is pleased to further establishBaader Bank as a leading provider for fast and efficient execution services in the German market for exchange trading. He concluded by saying that he is looking forward to the cooperation with Huddlestock and feels that Huddlestock's strength in client solutions complements well withBaader Bank's expertise in providing the best possible trading experience in a digitalised market. "Today's announcement is another exciting step for Huddlestock. This is the second signing in just a few weeks for the company and we appreciate the attention we are receiving from the market. This is a testimony to our people and technology" says Huddlestock's CEOJohn E. Skajem . Contact person:John E. Skajem , CEO +47 418 87 412 jes@huddlestock.com About Huddlestock:Huddlestock Fintech AS was listed on Euronext Growth Market 26.November 2020 , asNorway's first fintech company to be publicly traded. Huddlestock is a company that develops unique software as a service-solutions for digitising work processes for custody banks, asset managers and trading venues. The open, compliance-optimised and data centric platform allows our customers to offer a differentiated real-time product that reduces cost and increases efficiency. Besides Apex (Custody), which is a software as a service-solution that links custody services with asset managers and individual investors, Huddlestock also has Bedrock (Connectivity). Bedrock provides a white label solution that is primarily a product for financial services firms wanting to add low cost-efficient trading and investing services to their client web and app offerings. Huddlestock's technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution and portfolio management, all executed on the same platform. For more information, please visit www.huddlestock.com.
Click here for more information
© Oslo Bors ASA, source