Baader Bank expands OTC trading hours to 07:30-23:00

MUNICH - Baader Bank AG, a German financial services provider, has announced the extension of its over-the-counter (OTC) trading hours, now allowing transactions from 07:30 to 23:00, effective today. The expanded service is part of Baader Bank's strategy to enhance its Baader Trading brand and cater to the growing demand for extended trading opportunities among its clients.

The extended hours are expected to provide increased flexibility for Baader Bank's cooperation partners, institutional clients, and private investors, enabling them to trade equities, funds, exchange-traded products (ETPs), and bonds for an additional 1.5 hours beyond the previous closing time of 22:00. This initiative positions Baader Bank as a competitive market maker in the German financial market.

Oliver Riedel, Deputy CEO of Baader Bank, emphasized the significance of the extended hours: "The extended trading hours mark an important milestone for us as we seek to further optimise our trading offering under the Baader Trading brand. We are delighted that this change will provide both our cooperation partners and all private investors with improved access to securities trading."

The bank's cooperation partners that use the OTC trading platform via Baader Trading will have immediate access to the new trading schedule. The service expansion is initially rolling out with Smartbroker+, a cooperation partner, and is expected to extend to additional online brokers, online banks, and order flow providers in a phased approach.

With over four decades of experience in securities trading, Baader Bank is integrating its various trading services, including stock market and OTC market making, brokerage, and crypto trading, under the unified Baader Trading services brand. This move is part of the bank's commitment to maintaining high standards of professionalism and service quality in the evolving financial trading landscape.

The information for this article is based on a press release statement from Baader Bank.

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Source: Investing.com