All certificates issued by the Austrian Raiffeisen Centrobank are tradable on Scoach with effect from today.
This is the first time that an Austrian bank has offered its structured products for trading on the Frankfurt certificate exchange.
Raiffeisen Centrobank AG is a leading Austrian investment bank which covers the whole range of products and services associated with shares, derivatives and equity transactions. The Austrian issuer has listed over 1,500 certificates and leverage products on Scoach in Frankfurt.
"The introduction of the pan-European trading system Xetra almost one year ago allowed the order flow for international participants to be expanded considerably. Austrian retail clients already execute a large proportion of transactions in Frankfurt. The Raiffeisen Centrobank certificates and leverage products will add further interesting underlyings to the range of products tradable on Scoach, thereby contributing to the ongoing internationalisation of trading in Frankfurt," said Michael Jung, CFO/COO of Scoach Europa AG.
"The listing of our certificates on Scoach as the first Austrian issuer is further evidence of the innovation and extensive trading expertise of Raiffeisen Centrobank," said Michael Spiss, Deputy Chairman of the Executive Board of Raiffeisen Centrobank.
The inclusion of Raiffeisen Centrobank takes the number of Scoach Premium issuers to a total of 19. Over 370,000 products from these issuers can be traded on Scoach.