FinTech Group AG and Goldman Sachs have agreed to broaden their partnership in the Exchange Traded Products (ETP) business.
Goldman Sachs has signed a five-year contract and will become Platinum partner for the ETP business beginning of 1 October 2019. flatex customers in Germany and Austria will benefit from one of the largest and most innovative selection of certificates and warrants within the market for free (€0.00 per trade).
Together with Goldman Sachs, flatex will launch its European expansion strategy in Netherlands in Q1/2109 - thus future flatex customers in the Netherlands will benefit as well from the new partnership.
Since 1 September 2018 the online brokerage platform flatex has offered its customers Germany's and Austria's most comprehensive selection of certificates and leveraged products (ETPs) in a unique product architecture at discount rates.
Seven premium partners offer their products in the three different product categories platinum, gold, and silver for free (0.00 or at flat rates of €1.90 and €3.90 respectively) depending on the premium partner. flatex expanded its market leadership in the trade of certificates and leveraged products (ETPs) and will export its success story to Europe. Together with Goldman Sachs, flatex will roll out its European expansion plan "flatex goes Europe" already in the first quarter of this year, starting with Netherlands.