BUX Group has announced the introduction of fractional investing in collaboration with ABN AMRO Clearing. Fractional investing is growing in popularity among investors, as it allows retail traders to become part of the investment community for highly-priced stocks. BUX says fractional investing is an innovative feature for retail traders or investors that do not have thousands to spend. It encourages more participation in the market since they can invest very little amounts in the same stock that institutional investors are investing in.
Chief Executive Officer of BUX, Yorick Naeff, stated that presently frictional investment has gained massive interest in America, and it’s now being introduced on a large scale by the company in Europe. The new investment method offers the benefits of allowing investors to invest in companies that have valuable shares. The type of investment allows investors to still participate in high-value stock investments and still maintain their investment budget. Naeff also noted that it can also spread their investments even better.
BUX Expands Services To Meet Demand
Since the beginning of the year, BUX has increased its services to meet the increasing demands from users. Earlier this year, the firm rolled out its zero-fee trading platform in Italy. This gives investors and traders the opportunity trade without paying commission fees that are common with other platforms. In line with the expansion goals, earlier this month the company appointed Niek van Rens as its new Chief Operating Officer.
BUX Makes The Shares Of Major Firms Available For Fractional Trading
BUX stated that it has a wide selection of companies when it comes to available stocks for fractional trading. BUX has included some of the biggest German companies on its platform for fractional trading in the coming months.
“Investing in fractions of stocks fits the need of the modern investor who values flexibility and efficiency,” Naeff stated, adding that the focus is to provide more services to customers.
He noted that AEX companies have also been added to its list of offers for fractional investment. Additionally, it will be possible for its clients to invest in fractions even on local companies.