“By introducing securities trading on BISON, we’re making it easy for our customers to diversify their portfolios within a single app. Access to a wide range of asset classes opens up diverse investment opportunities for different market phases. To further empower its customers, BISON plans to continue expanding its offering in the digital asset space in the future.”
Boerse Stuttgart Group’s retail crypto trading subsidiary BISON has partnered with Sutor Bank and JT Technologies GmbH to introduce securities trading.
The new feature will enable BISON customers to invest in both cryptocurrencies and traditional securities within the same app. BISON’s securities trading offering will include access to over 2,500 stocks and ETFs.
BISON adds stocks and ETFs in partnership with Sutor Bank and JT Technologies
The decision to add securities trading came in response to strong demand from existing customers, who wanted to be able to trade both cryptocurrencies and traditional securities within the same app, the company explained.
Ulli Spankowski, CEO and Co-Founder of BISON, said: “By introducing securities trading on BISON, we’re making it easy for our customers to diversify their portfolios within a single app. Access to a wide range of asset classes opens up diverse investment opportunities for different market phases. To further empower its customers, BISON plans to continue expanding its offering in the digital asset space in the future.”
Michael B. Bußhaus, Managing Director and Co-Founder of JT Technologies GmbH, added: “We’re thrilled to have had the opportunity to showcase our B2B expertise by partnering with Sutor Bank for this BISON offering.”
€1.99 per trade, no additional trading venue fees
With an order commission of 1.99 euros per transaction, BISON offers relatively low costs, and there are no additional trading venue fees. Similar to cryptocurrencies, securities are available to users on BISON at any time and can be transferred free of charge.
Securities trading will be available in BISON’s mobile app in Germany, for German citizens, from Monday to Friday between 8:00 a.m. and 10:00 p.m. (excluding some holidays).
Customers can activate the securities trading feature in the app whenever they choose, with buy orders for securities available up to an amount of 100,000 euros per transaction and no limit on the number of orders per day.
Sell orders are possible without any restrictions. Additional features, such as different order types, securities savings plans, and a desktop version, are in planning. Buy and sell orders for securities on BISON are executed on a regulated trading platform of Boerse Stuttgart Group.
