BX SWISS AG BX Swiss, Hypothekarbank Lenzburg and neon simplifies trading for private investors
Transparency directive : regulatory news
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BX Swiss AG
/ Key word(s): Alliance/Partnership
The admission of Hypothekarbank Lenzburg as a new trading participant on the Swiss stock exchange BX Swiss enables a strong partnership and the launch of "neon invest", the new investment solution of the Zurich FinTech company neon. The offering makes a significant contribution to enabling investors to invest in a simple and self-determined way. The Swiss stock exchange BX Swiss welcomes Hypothekarbank Lenzburg (HBL) as a new trading partner. HBL is a Swiss universal bank active in retail banking, mortgage lending, private banking and SME business and, in addition to its traditional business areas, is also known as a leader in open banking and banking-as-a-service. HBL has been working with the Zurich-based FinTech company neon for many years and offers its more than 160.000 neon clients a simple, user-friendly and secure account solution via app. With the integration of HBL as a trading participant of BX Swiss neon is able to expand their products and to offer trading to neon app users. With "neon invest", neon clients will have access to a wide range of Swiss and international equities and ETFs, which they can trade easily and cost-effectively via BX Swiss. "We are pleased to welcome HBL as a new trading partner and, through our partnership with HBL and neon, to make a significant contribution to promoting self-directed investing for private investors. As a full regulated and established Swiss stock exchange, one of our main objective is to provide private investors with trusted and secure access to a broadly diversified portfolio of financial products and to support them in building their knowledge", says Lucas Bruggeman, CEO of BX Swiss AG. "We are excited about the new partnership with BX Swiss and neon. For offerings from challenger companies such as neon, the partnership with BX Swiss allows us to offer an exciting alternative to trading on the SIX Swiss Exchange. The BX Swiss connection opens up opportunities for us and our partner institutions that other fintech companies can also benefit from", says Reto Huenerwadel, Head of Market Services at Hypothekarbank Lenzburg. "With neon invest, we are expanding an established partnership with a new, strong partner. Together, we are creating a new, cost-effective Swiss offering for the benefit of our clients in a currently highly concentrated market", says Timo Hegnauer, Head of Investment at Zurich-based FinTech company neon. "We will take advantage of this strong cooperation and will quickly expand the current offering with additional titles and features in the coming months.”
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| Language: | English |
| Company: | BX Swiss AG |
| Talstrasse 70 | |
| 8001 Zurich | |
| Switzerland | |
| Phone: | +41313294040 |
| E-mail: | presse@bxswiss.com |
| Internet: | www.bxswiss.com |
| EQS News ID: | 1678909 |
| End of News | EQS News Service |
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1678909 13.07.2023 CET/CEST