Argentarius signed a paying agency agreement with Baader Bank, a well recognised listed bank in Germany.
With its new paying agent Argentarius offers a broader network for OTC-trading in Exchange Traded Instruments as well as the possibility to operate managed accounts held at Baader Bank and securitise these into Exchange Traded Instruments listed at the open market of the Frankfurt Stock Exchange.
“With Baader Bank we enter the market for multi-currency OTC trading, e.g. trading ETIs in GBP, CHF or other currencies directly. We see huge demand for multi-currency issues especially from UK and Hong Kong” – stated Argentarius chairman Andreas Wölfl.
Argentarius`s clients may now chose between dematerialisations in MaltaClear, Austria’s OeKB or the German Stock Exchange subsidiary Clearstream with its global network of bank and brokers connected.