On February 15, FinTech Group AG announced that it entered into a strategic partnership with Morgan Stanley to bring exchange-traded products to Germany.
FinTech Group AG (“FinTech”) and Morgan Stanley have entered into a long-term strategic partnership to bring structured products and warrants to the German market. Starting in mid-2016, FinTech will brand and market exchange-traded products issued by a Morgan Stanley entity through FinTech’s online broker flatex.
FinTech is a German financial technology company that services 200,000 private clients and had a total €56.8 billion in assets under management, as of June 2015.
FinTech’s wholly-owned subsidiary flatex GmbH is a German online broker servicing over 140,000 private clients internationally.
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