Securities trading bank

from Wikipedia, the free encyclopedia

Securities trading banks are banks that do not CRR-banks (formerly deposits credit institutions ), and as banking transactions , the broking services, investment banking or financial services , the system switching , investment advice , the operation of a multilateral trading system , the placement business , the final exchange, portfolio management and / or proprietary trading operate ( legal definition according to Section 1 (3d) sentence 3 of the German Banking Act (KWG)). You need a banking license .

The Federal Financial Supervisory Authority lists 33 securities trading banks approved in Germany (as of January 11, 2019). The status of the securities trading bank exists in this form and with this name only in Germany. In the UK, comparable licenses are referred to as brokers by the FCA .

literature

  • Olaf Fischer: General banking management . 7th edition. Springer Gabler, Wiesbaden 2014, ISBN 978-3-8349-4666-9 , p. 4.

Web links

Individual evidence

  1. List of approved credit institutions ( memento of the original dated September 23, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. ( XLS ; 375 kB). Federal Financial Supervisory Authority , as of July 27, 2015; accessed on August 10, 2015. @1@ 2Template: Webachiv / IABot / www.bafin.de