Trading and investing platform eToro has announced a new
partnership with Deutsche Börse. This collaboration will add over 290
German-listed stocks to eToro’s platform. The move aims to provide users with
more options and better data for informed investment decisions.

Expanding Stock Selection

The addition will allow eToro users, both in Germany and
globally, to trade a broader range of stocks. Previously, users had access to
120 stocks, including the DAX40, which represents the 40 largest companies on
the Frankfurt Stock Exchange. The new stocks include smaller and less liquid
companies, expanding the trading possibilities.

Alongside the increased stock offerings, eToro will enhance
the quality of pricing data for its German users. According to the firm, this
partnership is part of eToro’s strategy to localize and expand its services in
Germany.

“The cooperation with eToro enables retail investors to
trade German stocks based on the high quality data of XETRA which supports
their investment decisions,” Alireza Dorfard, Head of Market
Data + Services at Deutsche Börse AG, said.

“This underlines Deutsche Börse’s ability to offer
standardised data packages for various use cases, also addressing eToro’s need
to provide data to a wide range of customers,” he added.

Launching New Features

Recent efforts include the launch of eToro Core, featuring
free investment portfolios managed by BlackRock, and the introduction of direct
investing from EUR eToro Money accounts. eToro has also recently partnered with
the London Stock Exchange to add over 1,000 UK-listed stocks to its platform.

“eToro’s partnership with Deutsche Börse represents a
significant milestone in our commitment to localizing services for the German
market. The addition of 290 new German stocks and enhanced pricing data will
greatly enrich the equity investing experience for our users,” commenting on
the partnership, Yossi Brandes, VP of Execution Services at eToro, said.

“Furthermore, this collaboration complements our existing
ETFs package from Xetra, providing a comprehensive, retail-oriented service for
long-term investors interested in diverse ETFs. We will continue to explore
partnerships to open global markets and enhance the retail investing
experience.”

This article was written by Tareq Sikder at www.financemagnates.com.

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