‘True Stories of Investing’ – flatexDEGIRO drives financial education with high-quality documentation

DGAP-News: flatexDEGIRO AG / Keyword(s): Miscellaneous

‘True Stories of Investing’ – flatexDEGIRO promotes financial education with high quality documentation (news with additional features)

28.01.2022 / 10:02
The issuer is solely responsible for the content of this announcement.

True Stories of Investing” – flatexDEGIRO promotes financial education with high quality documentation

– The documentary challenges some of the biggest misconceptions about investing

– True stories told by exceptional personalities such as pioneers of behavioral finance Hersh Shefrin and Wendy De La Rosa, Vanguard MD Sean Hagerty as well as impact investor and former F1 world champion Nico Rosberg

– The documentary will premiere on Discovery’s channels in major European countries from this weekend before being made available as an online stream via the DEGIRO and flatex websites

Frankfurt/Main – With “True Stories of Investing”, flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR), Europe’s largest and fastest growing online retail broker, collaborates with award-winning documentary filmmaker New Amsterdam, and Discovery, to demystify investing. The documentary will premiere on Discovery’s channels across Europe from this weekend and features important lessons every retail investor should know. In four episodes, leading journalists, professors, behavioral scientists and investors challenge some of the biggest misconceptions about investing by examining historical events and the mechanisms at work.

Frank Niehage, CEO of flatexDEGIRO: “Our mission is to detail the capital markets and enable individuals to invest independently and sustainably. As Europe’s leading online brokerage, we feel responsible for making trading more simple, more informed and safer for our clients. With this innovative documentary, we are taking financial education even further. We are very proud to be the first online broker to collaborate with New Amsterdam and Discovery on this important subject and to be part of this exceptional and informative production.”

Muhamad Chahrour, CFO of flatexDEGIRO and CEO of DEGIRO: “In 2021, we have optimized our pricing structure, including commission-free trading of stocks and ETFs in different markets, significantly expanded our product offering and invested heavily in computing to deliver the greatest stability and security on our platforms. Coupled with a strong educational marketing push, this unrivaled combination of best-in-class platforms, products and prices is expected to encourage 250 million people in Europe to invest appropriately and sustainably.”

Award-winning director Lyangelo Vasquez delves into the world of investing. The documentary explains the difference between active and passive investing, an exploration that begins with the friendly bet Warren Buffett made against an active fund manager, ultimately proving that a long-term, “boring” investment strategy can be equally successful.

The documentary also shows how to diversify risk across sectors, regions and time, while impact investors Mark van Baal and former F1 world champion Nico Rosberg explain how investing can actually help to a better world.

During the documentary, behavioral scientists and trailblazers like Hersh Shefrin (professor at Santa Clara University and bestselling author of “Beyond Greed and Fear”) and Wendy De La Rosa (TED speaker and PhD at the University from Stanford) explain how investing requires mental discipline to not get caught up in your own brain’s psychology of FOMO (Fear Of Missing Out), cognitive bias, confirmation bias, and extrapolation bias. These can lead to mechanisms driving markets away from fundamentals and creating bubbles and crashes, as BBC journalist Rory Cellan-Jones testifies.

For more information please contact:

Achim Schreck
Head of IR & Corporate Communication
Rotfeder-Ring 7
D-60327 Frankfurt/Main
Phone. +49 (0) 69 450001 0
[email protected]

About flatexDEGIRO AG

flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates a leading and fastest growing online brokerage platform in Europe. Based on modern in-house state-of-the-art technology, flatex and DEGIRO brand clients are offered a wide range of independent products with execution in the best TIER 1 exchanges. Its technological lead as well as high levels of efficiency and its strong economies of scale enable flatexDEGIRO to continually improve its value proposition to customers, including commission-free brokerage.

With over 2 million client accounts and over 90 million securities transactions settled in 2021, flatexDEGIRO is the largest online retail broker in Europe. In an era of banking consolidation, low interest rates and digitalization, flatexDEGIRO is uniquely positioned for continued growth. Over the next five years, flatexDEGIRO aims to grow its customer base to 7-8 million customer accounts, settling 250-350 million transactions per year, even in low volatility years.

More information via https://www.flatexdegiro.com/fr

28.01.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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