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KAS BANK N.V.

KAS BANK N.V.

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Publicatie datum 24 mrt 2006 - 09:05
Statutaire naam KAS BANK N.V.
Titel KAS BANK admitted as depotbank in Frankfurt and Stuttgart
Bericht KAS BANK N.V. has been admitted for Xontro trading on the Frankfurt Stock Exchange (FWB Frankfurter Wertpapierbörse) and on the Exchange of Stuttgart (Börse Stuttgart). With this admission, KAS BANK is the first Dutch bank permitted to act as depotbank for brokers (“Maklers”) trading via the Xontro system in Frankfurt and Stutgartt. These brokers need a depotbank for the settlement of their transactions. A trading license is required in order to act as depotbank. KAS BANK is in the process of extending its depotbank services to other German stock exchanges. Xontro is an electronic order routing system for the regional stock exchanges in Germany.