FXdirekt Bank AG
| Private company | |
| ISIN | 🆔 |
| Industry | Banking / Online trading |
| Founded 📆 | 2004 |
| Founder 👔 | |
| Headquarters 🏙️ | Oberhausen, Germany |
Area served 🗺️ | |
| Products 📟 | defunct |
| Members | |
Number of employees | 100 |
| 📇 Address | |
| 📞 telephone | |
FXdirekt Bank was an independent securities trading bank that had around 100 employees at its peak.[1] On 21 December 2012, it began to liquidate customer accounts and return customer assets, pursuant to the order of the German financial regulator, BaFin.[2] The company headquarters were located in Oberhausen, Germany.[3][4] FXdirekt Bank was a member of the EdW (Entschädigungseinrichtung der Wertpapierhandelsunternehmen), which was an organisation created to secure investor claims and was also registered as a commercial bank with BaFin.
Company history[edit]
The first German-language online trading platform FXdirekt was introduced onto the market in 2001 by the company ibas AG, which was closely associated with the FXdirekt Bank. The FXdirekt Bank was founded in 2004.[3]
The CEO of FXdirekt was Wolfgang Stobbe, born on 21 May 1963. He held all shares of the FXdirekt Bank AG.
The company was forced by BaFin to liquidate customer accounts and return assets on 21 December 2012.[5]
References[edit]
- ↑ Reimann, Annina (9 October 2012). "Insider packen aus: Die zweifelhaften Geschäfte der FXdirekt Bank" [Insiders reveal: The dubious deals of FXdirekt Bank]. Wirtschaftswoche (in Deutsch).
- ↑ "Wertpapierhandelsbank: Bafin schließt FXdirekt" [Securities trading bank: Bafin closes FXdirekt]. Handelsblatt (in Deutsch). 21 December 2012.
- ↑ 3.0 3.1 "FXdirekt Bank AG – Change of headquarters: FXdirekt Bank AG · Member of the Executive Board: Jörg Dieter Ernst, Wolfgang Stobbe · Officer (3) · Corporate Object · Company statute · Proxy · Subsidiary". North Data. 28 March 2008.
- ↑ "Online-Broker: Kunden bis 20.000 Euro abgesichert" [Online broker: customers covered up to 20,000 euros]. Wirtschaftswoche (in Deutsch). 21 December 2012.
- ↑ "Online-Broker: Aufsichtsbehörde macht Online-Broker FXdirekt dicht" [Online broker: supervisory authority closes online broker FXdirekt]. Wirtschaftswoche (in Deutsch). 21 December 2012.
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