Trading and investing platform eToro has partnered with Deutsche Börse to add more than 290 new German-listed stocks to the eToro platform, whilst enhancing the data available to users to support informed investment decisions.
The addition of 290 new German stocks will enable eToro users, in Germany and around the world, to trade smaller, less liquid stocks alongside 120 other stocks already available on the platform. These already included the DAX40 – the 40 largest companies listed on the Frankfurt Stock Exchange.
In addition to giving users access to many more stocks, eToro’s German users will benefit from higher quality pricing data, enhancing the trading experience on the platform.
Commenting on the partnership, Yossi Brandes, VP of Execution Services at eToro, said:
“eToro’s partnership with Deutsche Börse represents a significant milestone in our commitment to localizing services for the German market. The addition of 290 new German stocks and enhanced pricing data will greatly enrich the equity investing experience for our users. Furthermore, this collaboration complements our existing ETFs package from Xetra, providing a comprehensive, retail-oriented service for long-term investors interested in diverse ETFs. We will continue to explore partnerships to open global markets and enhance the retail investing experience.”
Alireza Dorfard, Head of Market Data + Services at Deutsche Börse AG, added:
“The cooperation with eToro enables retail investors to trade German stocks based on the high quality data of XETRA which supports their investment decisions. This underlines Deutsche Börse’s ability to offer standardised data packages for various use cases, also addressing eToro’s need to provide data to a wide range of customers.”
This partnership with Deutsche Börse is just the latest move from eToro to further localise and expand its offering in Germany. It follows the launch of eToro Core – a series of free to invest portfolios with asset allocation guidance provided by BlackRock – and the rollout of direct investing from EUR eToro Money accounts.
eToro also recently announced a similar partnership with the London Stock Exchange (LSEG) to add more than 1,000 UK-listed stocks to the platform.
source: etoro.com
