1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. FlatexDEGIRO AG
  6. News
  7. Summary
    FTK   DE000FTG1111

FLATEXDEGIRO AG

(FTK)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 05/25 02:46:19 pm
12.873 EUR   -1.81%
05:27aFLATEXDEGIRO : Berenberg reaffirms its Buy rating
MD
05/20FLATEXDEGIRO AG : A trend reversal can be anticipated
05/19FLATEXDEGIRO : Goldman Sachs keeps its Buy rating
MD
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

flatexDEGIRO : “True Stories of Investing” – flatexDEGIRO drives financial education with high-quality documentation

01/28/2022 | 05:10am EDT

Corporate News / Frankfurt/Main, 28 January 2022

"True Stories of Investing" - flatexDEGIRO drives financial education with high-quality documentation

  • Documentary challenges some of the biggest misconceptions about investing
  • True stories told by with exceptional personalities such as behavioural finance pioneers Hersh Shefrin and Wendy De La Rosa, Vanguard MD Sean Hagerty as well as impact investor and former F1 World Champion Nico Rosberg
  • Documentary will premiere on Discovery's channels in major European countries starting this weekend before being accessible as online streams via DEGIRO and flatex websites

Frankfurt/Main - With "True Stories of Investing", flatexDEGIRO AG (WKN: FTG111, ISIN:

DE000FTG1111, Ticker: FTK.GR), Europe's largest and fastest-growing retail online broker collaborates with award-winning documentary maker, New Amsterdam, and Discovery, to demystify investing. The documentary premieres on Discovery's channels across Europe starting this weekend and showcases important lessons every retail investor needs to know. In four episodes, renowned journalists, professors, behavioral scientists and investors challenge some of the biggest misconceptions about investing by examining historical events and the mechanisms at work.

Frank Niehage, CEO of flatexDEGIRO: "It is our mission to retailise capital markets and empower private individuals to invest in a self-determined and sustainable way. As Europe's leading online broker, we feel responsible for making trading more simple, more informed, and more secure for our customers. With this innovative documentary, we take financial education one step further. We are very proud to be the first online broker to collaborate with New Amsterdam and Discovery on this important topic and to be part of this outstanding and informative production."

Muhamad Chahrour, CFO of flatexDEGIRO and CEO of DEGIRO: "In 2021, we have optimised our pricing structure, including commission-free trading of stocks and ETFs in different markets, significantly extended our product offering and invested heavily into IT to provide the highest stability and security on our platforms. Together with a strong push for educational marketing, this unmatched combination of best-in class platforms, products and prices should encourage 250 million people in Europe to invest appropriately and sustainably."

Award-winning director Lyangelo Vasquez delves into the world of investing. The documentary explains the difference between active and passive investing, an exploration that starts with the friendly bet Warren Buffett made against an active fund manager, ultimately proving that a long-term, 'boring' investment strategy can be just as successful.

The documentary also shows how to diversify risk over sectors, regions, and time, while impact investors Mark van Baal and former F1 World Champion, Nico Rosberg, outline how investing can in fact contribute to a better world.

In the course of the documentary, behavioural scientists and pioneers like Hersh Shefrin (Professor at Santa Clara University and best-selling author of "Beyond Greed and Fear") and Wendy De La Rosa (TED speaker and PhD Stanford University) explain how investing requires mental discipline to not get caught in your own brain's psychology of FOMO (Fear Of Missing Out), cognitive bias, confirmation bias and extrapolation bias. These can lead to mechanisms driving markets away from fundamental values as well as creating bubbles and crashes as witnessed by BBC Journalist Rory Cellan-Jones.

For more information please contact:

Achim Schreck

Tel. +49 (0) 69 450001 0

Head of IR & Corporate Communications

achim.schreck@flatexdegiro.com

flatexDEGIRO AG

Rotfeder-Ring 7

D-60327 Frankfurt/Main

About flatexDEGIRO AG

flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates a leading and fastest growing online brokerage platforms in Europe. Based on modern, in-housestate-of-the-art technology customers of the flatex and DEGIRO brands are offered a wide range of independent products with execution at top TIER 1 exchanges. Its technological edge as well as high levels of efficiency and strong economies of scale allows flatexDEGIRO to continuously improve its value proposition to clients, including commission-free brokerage.

With more than 2 million customer accounts and over 90 million securities transactions settled in 2021, flatexDEGIRO is the largest retail online broker in Europe. In a time of bank consolidation, low interest rates and digitalization, flatexDEGIRO is ideally positioned for further growth. Within the next five years, flatexDEGIRO aims to grow its customer base to 7-8 million customer accounts, settling 250-350 million transactions per year - even in years with low volatility.

More information via https://www.flatexdegiro.com/en

Disclaimer

Flatex AG published this content on 28 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 10:07:28 UTC.


© Publicnow 2022
All news about FLATEXDEGIRO AG
05:27aFLATEXDEGIRO : Berenberg reaffirms its Buy rating
MD
05/19FLATEXDEGIRO : Goldman Sachs keeps its Buy rating
MD
05/19flatexDEGIRO Offers Crypto Trading via Partnership With BISON (Boerse Stuttgart Group)
BU
05/19FlatexDEGIRO bietet Kryptohandel über Partnerschaft mit BISON (Gruppe Börse Stuttgart) ..
EQ
05/17FlatexDEGIRO Annual General Meeting approves all items on the agenda with a large major..
EQ
05/17FlatexDEGIRO AG Approves the Election of Aygül Özkan as a New Member of the Supervisory..
CI
05/17New entry in MarketScreener's Europe portfolio
05/14FlatexDEGIRO extends sponsoring partnership with Borussia Mönchengladbach to 5 more yea..
EQ
05/13FLATEXDEGIRO AG : Notification and public disclosure of transactions by persons
EQ
05/13FLATEXDEGIRO AG : Notification and public disclosure of transactions by persons
EQ
More news
Analyst Recommendations on FLATEXDEGIRO AG
More recommendations
Financials
Sales 2022 473 M 507 M 507 M
Net income 2022 113 M 121 M 121 M
Net cash 2022 1 360 M 1 459 M 1 459 M
P/E ratio 2022 12,8x
Yield 2022 -
Capitalization 1 404 M 1 499 M 1 506 M
EV / Sales 2022 0,09x
EV / Sales 2023 0,39x
Nbr of Employees 1 129
Free-Float 48,6%
Chart FLATEXDEGIRO AG
Duration : Period :
flatexDEGIRO AG Technical Analysis Chart | FTK | DE000FTG1111 | MarketScreener
Technical analysis trends FLATEXDEGIRO AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Last Close Price 13,11 €
Average target price 30,00 €
Spread / Average Target 129%
EPS Revisions
Managers and Directors
Frank Niehage Chairman-Management Board
Muhamad Said Chahrour Chief Financial Officer
Martin Korbmacher Chairman-Supervisory Board
Stefan Müller Deputy Chairman-Supervisory Board
Herbert Seuling Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
FLATEXDEGIRO AG-35.23%1 546
MORGAN STANLEY-16.50%143 371
THE CHARLES SCHWAB CORPORATION-23.97%121 253
THE GOLDMAN SACHS GROUP, INC.-17.93%103 046
CITIC SECURITIES COMPANY LIMITED-26.88%40 500
CSC FINANCIAL CO., LTD.-16.18%22 275