BinckBank
 | |
| Company type | Naamloze vennootschap |
|---|---|
| Euronext: BINCK | |
| Industry | Financial services |
| Founded | 2000 |
| Headquarters | Amsterdam, Netherlands |
Key people | Koen Beentjes (CEO), Kees Scholtes (Chairman of the supervisory board) |
| Services | Stockbroker Electronic trading platform |
| Revenue | €184.8 million (2010)[1] |
| €60.3 million (2010)[1] | |
| €44.2 million (2010)[1] | |
| Total assets | €3.217 billion (end 2010)[1] |
| Total equity | €468.9 million (end 2010)[1] |
Number of employees | 565 (FTE, end 2010)[1] |
| Website | www |
BinckBank is a Dutch stockbrokerage that offers an electronic trading platform to trade financial assets.
History
The company was founded in 2000 by four former employees of IMG Holland, a defunct broker. The company was only acting as a broker in the professional market between banks and derivative firms. In October 2000, Binck opened a retail branch. Major trading firm AOT financed the start-up partly, taking a 52% stake, and bought the remaining shares in 2004.
In 2007, Binck acquired Alex Beleggingsbank from Rabobank for €390 million euros.[2]
In 2009, Binck announced a joint venture with the Dutch market maker Optiver to create a platform to internalize Binck's order-flow to Optiver.[3]
In 2019, the company was acquired by Saxo Bank.[4]
References
- ^ a b c d e f "Annual Results 2010" (PDF). hugin.info. BinckBank. Retrieved 7 February 2011.
- ^ Stevenson, Reed (October 31, 2007). "Dutch online broker BinckBank buys rival Alex". Reuters.
- ^ "Binck sells customerflow to Optiver". Amsterdamtrader.com. June 23, 2009.
- ^ "Recommended public cash offer by Saxo Bank for all issued and outstanding shares of BinckBank". GlobeNewswire. March 12, 2019.
