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Abstract:The retail brokerage branch of Spanish neobroker Ninety Nine has been acquired by Amsterdam-based neobroker BUX. The deal strengthens BUX's position in the Spanish retail brokerage market.
The retail brokerage branch of Spanish neobroker Ninety Nine has been acquired by Amsterdam-based neobroker BUX. The deal strengthens BUX's position in the Spanish retail brokerage market.
“We are thrilled and delighted to assist a new set of Spanish customers construct a strong investment basis and build a brighter financial future,” stated Yorick Naeff, CEO of BUX. Ninety-nine customers will now have access to a full variety of BUX services, including investing in Spanish, European, and US equities, ETFs, cryptocurrencies, fractional investing, and the BUX Savings Plan. I heartily welcome Ninety Nine's old customers and look forward to producing new items for our Spanish customers.
The CEO and creator of Ninety Nine, Javier Sanz lvarez, added:
“I am pleased that we have discovered in BUX a partner in whom we can put our retail consumers' faith.” We've been working on our B2B strategy for over a year and a half, and although it was a tough choice, we've chosen to devote all of our resources to it. However, our customers remain extremely important to us, therefore we have been working with BUX to present them with an excellent option to continue investing, including two free shares as a welcome gift, free migration to the BUX platform, and costs that are over 50% cheaper than existing ones. “I think our retail customers will be pleased with this solution.”
About BUX
BUX is one of Europe's largest no brokers, with over 700,000 customers, and has been making it simple and inexpensive for investors to do more with their money since 2014. BUX Zero is based in Amsterdam and is now accessible in the following countries: the Netherlands, Germany, Austria, France, Belgium, Ireland, Spain, and Italy. Stryk is the new name for the company's CFD trading app.
Find out more of BUX news here: https://www.wikifx.com/en/dealer/1851134451.html
About Ninety Nne
Ninety-Nine is a B2B integrated financial platform that offers its partners customized, end-to-end investment solutions. Ninety Nine's breakthrough technology allows its partners to swiftly and effectively develop retail investment services including US and European shares, ETFs, and Cryptos.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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