Discuss flatexDEGIRO AG

Now included in the SDAX and given its growth it also belongs in the TecDax which it may join in the next TecDax index update. Hasn't disappointed with its first major acquisition (Degiro) which is promising for the future as they may acquire more players for European consolidation. Good bet on sponsoring FC Mönchengladbach and smart idea to play Champions league in Degiro shirts and Bundesliga with Flatex branding. There is a some friction in the customer community as Flatex increased prices all of the sudden last year. Advantage is that wether stock are bullish or bearish, the results of FlatexDegiro are driven by volume, not by stock market value. Market volatility is not a risk here, but an opportunity.