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Switzerland's Leonteq Buys BX Swiss Stake
Leonteq has been operating as an issuer on the BX Swiss platform since 2021.
Leonteq, the
Zurich-listed fintech, has bought a 10 per cent stake in BX
Swiss, a Swiss stock exchange for a “single-digit million
amount.” The stake was purchased from the Boerse Stuttgart
Group.
As a result, Leonteq will have access to the ecosystem of Boerse
Stuttgart Group, the sixth largest exchange group in Europe. BX
Swiss plugs into Leonteq's ecosystem for investment
solutions.
Leonteq, which has been operating as an issuer on the BX Swiss
since 2021, has listed structured products in the regulated
trading segment of deriBX as well as listed exchange-traded
products.
“We are committed to further expanding our product offering and
ecosystem, and a strategic stake in BX Swiss underpins our
commitment to transparency, service and liquidity, a key focus
for Leonteq since its foundation in 2007,” Lukas Ruflin, CEO of
Leonteq, said.
Zurich-based BX Swiss, which dates back to 1884, is part of the
Boerse Stuttgart Group. It offers investors access to products
such as equities from more than 30 markets in Swiss francs,
actively managed certificates, exchange-traded funds, and
products on cryptocurrencies, bonds, investment funds and
structured products (deriBX).