BX Swiss and FlowBank revolutionize Swiss equity trading for private investors
The Swiss stock exchange BX Swiss and the Geneva-based online bank FlowBank enable private investors to trade shares with zero commission. Both institutions have set themselves the goal of making securities trading easier and less expensive. A first step is the elimination of trading fees for Swiss shares.
The Swiss exchange BX Swiss welcomes FlowBank as a new trading partner. The online bank, headquartered in Geneva, was founded by Charles-Henri Sabet and holds a banking license issued by the Swiss Financial Market Supervisory Authority (FINMA) since summer 2020. Via the FlowBank app or the FlowBank Pro trading platform, FlowBank customers can manage securities digitally and trade cost-effectively via BX Swiss.
Both financial institutions pursue the goal of making securities trading simple, efficient, and cost-effective. In order to enable private investors to place smaller trading orders, attractive trading conditions therefore play a central role. Together, the two partners are making a special offer: Trading commissions for Swiss equities (CH-ISINs)* will be waived until further notice.
"With FlowBank, we are pleased to welcome a new strong, innovative partner on our side. This cooperation, enables us to cover the needs of active and interested private investors even better." says Lucas Bruggeman, CEO of BX Swiss AG.
“With this decision, we are providing both new and experienced investors a better value on their trades. It makes us particularly proud to be the first and only Swiss bank to offer zero commissions on Swiss stocks,” said Charles Henri Sabet Founder and CEO of FlowBank.
Contact for queries:
Olivia Hähnel, press enquiries
Tel.: +41 31 329 40 66
Email: olivia.haehnel@bxswiss.com
About BX Swiss
BX Swiss AG is an established stock exchange based in Zurich. BX Swiss AG is part of the international Stuttgart Stock Exchange Group and is subject to the Financial Market Infrastructure Act and supervision by the Swiss Financial Market Supervisory Authority FINMA.
BX Swiss offers active investors a trustworthy and secure access to a broadly diversified portfolio of financial products ranging from structured products (deriBX), equities from over 30 markets in Swiss Francs, Wikifolio certificates, ETFs, ETPs on various cryptocurrencies and bonds.
Swiss SMEs find an ideal trading platform at BX Swiss with the exchange trading segment SME Main Market through which they gain access to new investors as well as a diversified shareholder base.
With BX Swiss TV and BX plus, BX Swiss offers its own comprehensive knowledge and content platform, which provides market and stock exchange data in a clear and comprehensible manner, guarantees a high level of transparency, and promotes an interactive exchange.
About FlowBank
FlowBank, the online bank headquartered in Geneva, Switzerland, employs around 100 people. Founded by Charles-Henri Sabet, FlowBank aspires to reinvent the online investing experience and was found to be the most competitive trading provider in Switzerland by Neue Zürcher Zeitung. FlowBank SA is licensed by the Swiss Financial Market Supervisory Authority (FINMA) and a member of esisuisse.
* Excl. Listed shares in the BX Swiss SME Main Market segment