Thursday, November 21, 2024
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Leonteq acquires a stake in the Swiss stock exchange BX Swiss

  • Acquisition: Leonteq, a leading financial services company, has acquired a 10% stake in BX Swiss, a subsidiary of Boerse Stuttgart Group.
  • Strategic Partnership: The acquisition lays the foundation for a long-term strategic partnership between Leonteq and BX Swiss.
  • Investment Amount: Leonteq invested a single-digit million amount for the 10% share in BX Swiss.
  • Ecosystem Benefits: BX Swiss will benefit from Leonteq’s investment solutions ecosystem, facilitating connectivity and collaboration with financial market participants globally.
  • Mutual Benefits: Leonteq gains access to the Boerse Stuttgart Group ecosystem, the sixth largest exchange group in Europe, and participates in the growth of Swiss exchange BX Swiss.
  • Position Strengthening: The partnership aims to strengthen the position of regulated exchange trading, particularly in structured products and other asset classes in Switzerland.
  • Client Focus and Innovation: CEOs highlight the shared commitment to client focus and innovation, emphasizing the importance of transparency, service, and liquidity.
  • European Perspective: The investment underlines the European perspective of Boerse Stuttgart Group and its growth ambitions in the capital markets business.
  • Future Expansion: Leonteq expresses commitment to expanding its product offering and ecosystem, aligning with its focus on transparency, service, and liquidity since its foundation in 2007.

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