Corporate News
Corporate News
tick Trading Software AG
Düsseldorf, 02.02.2022
sino AG | High End Brokerage and tick Trading Software GmbH confirm cooperation:
Here's to the next 20 years!
tick-Trading Software AG (tick-TS AG) was founded twenty years ago as tick-IT GmbH by the visionary software developer Oliver Wagner, the Management Board of sino AG and other investors from the financial sector. The goal was to develop a standard-setting trading platform for all asset classes.
TradeBase MX went live successfully in 2003, initially for sino AG and soon also for HSBC Trinkaus & Burkhardt AG and other renowned banks and brokers in Germany and abroad. Today, sino AG and tick-TS AG jointly announce that they will continue their twenty-year cooperation in the future. The contract has already been signed.
The reason for this announcement is sino AG's decision to process the transactions of its heavy traders via Baader Bank AG from the middle of the year.
»An uncompromising trading platform was so important to sino AG from the very beginning that we founded our own software house, tick-TS, in 2002. Our heavy traders should continue to benefit from this in the future. The connection to Baader Bank is another important milestone in our cooperation« comments Ingo Hillen, CEO of sino AG.
Carsten Schölzki, Member of the Executive Board tick-TS AG: »We are delighted with the vote of confidence from our longstanding and largest customer. We will be uncompromising in our commitment to ensure that sino AG continues to receive top marks from its customers.«
After nearly 180 million trades processed, tick-TS AG today offers unrivaled availability of 99.99%, high user-friendliness and exclusive features such as the e-Trading Compliance Monitor for compliance with ESMA market abuse guidelines.
Other tick-TS AG customers include HSBC Deutschland, comdirect Bank, S-Broker, MM Warburg and the securities trading bank Lang & Schwarz AG.
About sino AG
Other tick-TS AG customers include HSBC Deutschland, comdirect Bank, S-Broker, MM Warburg and the securities trading bank Lang & Schwarz AG.
About tick Trading Software AG
When tick Trading Software AG was founded in 2002, Oliver Wagner †, Matthias Hocke, Ingo Hillen and sino AG set themselves the goal of developing one of the most professional and advanced trading platforms. With the TradeBase MX platform, tick-TS AG now successfully makes this available to its customers worldwide. For several years now, in addition to the TBMX platform, direct connections to national and international marketplaces and brokers, the company's own hosting and housing infrastructure, and an e-Trading Compliance Monitor (ECM) for compliance with ESMA regulations have completed the company's portfolio.
Press contact:
Carsten Schölzki (CEO)
tick Trading Software AG
Berliner Allee 59
40212 Düsseldorf
Tel: +49 (0)211 781767-0
Fax: +49 (0)211 781767-29
tick Trading Software AG is listed on the Düsseldorf Stock Exchange - ISIN DE000A0LA304.