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flatexDEGIRO AG (0W89.IL)

IOB - IOB Delayed price. Currency in EUR
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10.01+0.21 (+2.16%)
At close: 05:41PM BST

flatexDEGIRO AG

Rotfeder-Ring 7
Frankfurt am Main 60327
Germany
49 69 450 001 0
https://www.flatex.com

Sector(s)Financial Services
IndustryCapital Markets
Full-time employees1,129

Key executives

NameTitlePayExercisedYear born
Mr. Frank Niehage LLMChairman of Management Board & CEO1.52MN/A1968
Mr. Muhamad Said ChahrourCFO & Member of the Management Board763kN/AN/A
Mr. Stephan SimmangChief Technology OfficerN/AN/AN/A
Mr. Steffen JentschChief Information OfficerN/AN/A1967
Mr. Achim SchreckHead of Investor Relations & Corp. CommunicationsN/AN/AN/A
Giscard Monod de FroidevilleChief Marketing OfficerN/AN/AN/A
Christiane StrubelChef Human Resource OfficerN/AN/AN/A
Mr. Stefan ArmbrusterMD & Co-Head of B2CN/AN/AN/A
Jorn EngelmannChief Risk OfficerN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

flatexDEGIRO AG provides online brokerage and IT solutions in the areas of finance and financial technology services in Europe. It operates through Financial Services (FIN) and Technologies (TECH) segments. The FIN segment offers business-to-consumer online brokerage, business-to-business white-label banking, electronic securities settlement, custody account management, and other banking products and services. This segment also provides business process outsourcing solutions; technical transaction processing services; cash management services; and securities-backed lending services, as well as engages in treasury and investment activities. The TECH segment is involved in the development, production, distribution, and maintenance of software, hardware, and information technology infrastructure. This segment also provides a platform for banking operations; corporate payment products; and develops and operates Limit Order System, which monitors the limit orders of European brokers against the price feed of connected issuers. The company was formerly known as flatex AG and changed its name to flatexDEGIRO AG in October 2020. flatexDEGIRO AG was incorporated in 1999 and is based in Frankfurt am Main, Germany.

Corporate governance

flatexDEGIRO AG’s ISS governance QualityScore as of 1 May 2022 is 7. The pillar scores are Audit: 3; Board: 8; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.