Valora securities trading
| Valora Effekten Handel AG | |
|---|---|
| legal form | Corporation |
| ISIN | DE0007600108 |
| founding | 1988 |
| Seat | Ettlingen , Germany |
| management | Klaus Helffenstein, sole director |
| Number of employees | 4th |
| Branch | Securities trading |
| Website | www.valora.de |
| As of December 31, 2018 | |
The Valora effects trading AG (short: VEH ) is Germany's oldest and since the insolvency of competitors AHAG Wertpapierhandelsbank also the most significant exchange-independent trading company for so-called "unlisted securities " - that is for stocks , bonds and mutual funds , regulated any of the legally Exchanges are traded. Blocks of shares for which there is no securities sales prospectus (so-called "investor packages ") and rectification rights resulting from share compensation, for the appropriateness of which an award procedure is still pending , will continue to be traded .
Klaus Helffenstein has been the sole director since the company was founded. The company's shares are traded on the Stuttgart Stock Exchange in the regulated market and on several other German stock exchanges over the counter. It provides prices for around 150 securities and generates annual sales in the order of 2 to 6 million euros with just four employees. The prices are also published on the Ariva stock exchange portal .
history
Valora Effekten has been offering securities trading services since it was founded in 1988. VEH achieved its greatest successes at the time of the new economy boom around the year 2000, when speculation with so-called “pre-market” shares , i.e. possible candidates for an IPO , took on unprecedented proportions. During this time VEH achieved annual sales and profits in the lower double-digit million range for a short time. Several years of loss followed.
Since June 1, 2012, trading in units in closed-end funds has been subject to the German Banking Act (KWG). This legal change was a signal for an existing reorganization of the market. Since VEH AG already had all the necessary approvals under the German Banking Act, the new trading division "Second Fund Market" was opened at short notice.
As a further offer of the company, the so-called “Ökoportal” was opened, a website for the presentation of ecologically oriented companies that could be considered as trading partners for the “Eco share” category.
criticism
In the area of financial markets that are not regulated and monitored by law, there are often stock corporations whose seriousness is questioned and which make negative headlines. Companies like VEH, which trade and market the shares of such sometimes questionable issuers , are also exposed to corresponding criticism.
Web links
Individual evidence
- ^ Hoppenstedt Aktienführer 1998, page 704
- ↑ Imprint from valora.de (accessed on August 30, 2016)
- ↑ Annual financial statements as of December 31, 2018 in the electronic Federal Gazette
- ↑ Factsheet of the Stuttgart Stock Exchange , accessed on August 31, 2016.
Coordinates: 48 ° 57 '24.3 " N , 8 ° 22' 39.1" E