Additionally, BUX has also included additional 95 new fractional US stocks to its offering. Big names among the U.S. stocks that are now also available for fractional investments include Mastercard, PepsiCo and IBM. The company noted that fractional investing in European stocks will also become available in the future.
Yorick Naeff, CEO of BUX, commented:
Source LinkedIn
With the introduction of fractional European ETFs, we can offer more ways for our clients to build a portfolio that fits their needs and goals. Since introducing fractional investing to our clients at the beginning of the year, we have seen a great deal of interest and this demonstrates that the modern investor is embracing diverse investment options. As the economic climate continues to swing in uncertain directions, we want to offer Europeans a solution that allows them to put their money to work in an accessible way
Jan Bart de Boer, CCO of ABN AMRO Clearing, said:
Fractional trading is trading made accessible for everyone. With our unique fractional trading service we are supporting our clients to offer embedded investment solutions in capital markets, so all their clients can profit. Expanding this fractional trading service offering with European products will open up the EU capital markets for our clients and their investors to create embedded and efficient investment solutions as well.
