Striving to encourage passive investment through exchange
exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
Read this term– Exchange Traded Funds (ETFs) In Spain, publicly traded brokerage XTB has announced its collaboration with VanEck, one of the world's leading ETF managers. The partnership aims to facilitate indexed investing through ETF investment plans offered by XTB, making it easier for retail traders to integrate VanEck's latest products into their portfolios.
This alliance demonstrates the commitment of both entities to the Spanish ETF market, which is experiencing significant growth. According to XTB, 70% of its clients worldwide start investing in ETFs and stocks, and the broker is on track to become the multi-product investment app in Spain.
“We are pleased to announce this partnership with VanEck, one of the world’s best ETF managers, in whose products many of our clients in Spain are already investing,” commented Javier Orones, Business Head at XTB Spain. This will help us continue to raise awareness about ETFs and investment plans as one of the best savings alternatives for retail investors in our country.”
We have good news! We have signed a cooperation agreement with VanEck to promote #investment Negative with #Traded Funds y #investment_plans In Spain, one of the best alternatives to #rescue For individual investors in our country. We will give you more details. pic.twitter.com/ZhnOqgTx5F
– XTB Spain (@xtbes) May 23, 2024
ETF-based investment plans are one of the newest products offered by XTB, which were first introduced at the end of 2023. Designed for passive investors, they debuted in Portugal and Slovakia and soon entered the Spanish market as well.
Within the XTB investment app, users can invest in more than 350 ETFs across a wide range of asset classes, including stocks, bonds, commodities and the recently added clean energy funds.
XTB and VanEck aim to increase the savings culture in Spain
The cooperation also aims to increase the savings culture in Spain and address the limited saving capacity of Spaniards. The savings rate in Spain is currently less than 6%, while rates in other European countries such as France and Belgium exceed 12%.
XTB recently released a report called “The Future of Savings in Spain”, which highlights that Spain is the second EU country, after only Germany, to have the highest number of non-equivalent savings funds. Through this collaboration, XTB and VanEck intend to raise awareness about the benefits and necessity of regular savings that suit the capabilities of each client.
“At VanEck, we are very pleased to collaborate with XTB to promote ETF investing among clients in Spain,” commented Eduardo Escario, Regional Director of Business Development at VanEck. In a way that makes it a product that fits the needs of retail customers.”
It is worth noting that VanEck is not the first major asset manager that XTB has partnered with to promote ETF investments. At the end of February, a similar agreement was concluded with BlackRock, and cooperation with the Spanish market also began.
Looking to develop its offering into more passive and hands-off investing, XTB added a social trading feature to its platform in March and also entered the £400bn ISA market in the UK.
Striving to encourage passive investment through exchange
exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
Read this term– Exchange Traded Funds (ETFs) In Spain, publicly traded brokerage XTB has announced its collaboration with VanEck, one of the world's leading ETF managers. The partnership aims to facilitate indexed investing through ETF investment plans offered by XTB, making it easier for retail traders to integrate VanEck's latest products into their portfolios.
This alliance demonstrates the commitment of both entities to the Spanish ETF market, which is experiencing significant growth. According to XTB, 70% of its clients worldwide start investing in ETFs and stocks, and the broker is on track to become the multi-product investment app in Spain.
“We are pleased to announce this partnership with VanEck, one of the world’s best ETF managers, in whose products many of our clients in Spain are already investing,” commented Javier Orones, Business Head at XTB Spain. This will help us continue to raise awareness about ETFs and investment plans as one of the best savings alternatives for retail investors in our country.”
We have good news! We have signed a cooperation agreement with VanEck to promote #investment Negative with #Traded Funds y #investment_plans In Spain, one of the best alternatives to #rescue For individual investors in our country. We will give you more details. pic.twitter.com/ZhnOqgTx5F
– XTB Spain (@xtbes) May 23, 2024
ETF-based investment plans are one of the newest products offered by XTB, which were first introduced at the end of 2023. Designed for passive investors, they debuted in Portugal and Slovakia and soon entered the Spanish market as well.
Within the XTB investment app, users can invest in more than 350 ETFs across a wide range of asset classes, including stocks, bonds, commodities and the recently added clean energy funds.
XTB and VanEck aim to increase the savings culture in Spain
The cooperation also aims to increase the savings culture in Spain and address the limited saving capacity of Spaniards. The savings rate in Spain is currently less than 6%, while rates in other European countries such as France and Belgium exceed 12%.
XTB recently released a report called “The Future of Savings in Spain”, which highlights that Spain is the second EU country, after only Germany, to have the highest number of non-equivalent savings funds. Through this collaboration, XTB and VanEck intend to raise awareness about the benefits and necessity of regular savings that suit the capabilities of each client.
“At VanEck, we are very pleased to collaborate with XTB to promote ETF investing among clients in Spain,” commented Eduardo Escario, Regional Director of Business Development at VanEck. In a way that makes it a product that fits the needs of retail customers.”
It is worth noting that VanEck is not the first major asset manager that XTB has partnered with to promote ETF investments. At the end of February, a similar agreement was concluded with BlackRock, and cooperation with the Spanish market also began.
Looking to develop its offering into more passive and hands-off investing, XTB added a social trading feature to its platform in March and also entered the £400bn ISA market in the UK.
