Lang & Schwarz
Lang & Schwarz is the issuer of the wikifolio certificates that are issued as open-ended index certificates by Lang & Schwarz.
Issuer of the wikifolio certificates
About Lang & Schwarz
The Lang & Schwarz AG, founded in 1996, is the holding company of several companies that provide financial services. The entire group has about 50 employees and includes the Lang & Schwarz Broker GmbH and the Lang & Schwarz TradeCenter AG & Co. KG.
The Lang & Schwarz Aktiengesellschaft is operationally active in the development of structured products and thus an issuer. Within the Lang & Schwarz Group the Lang & Schwarz Broker GmbH is responsible for the development, operation and security of the information and communication structure.
The Lang & Schwarz TradeCenter AG & Co. KG operates the leading platform for OTC trading in Germany, making it the leading OTC market maker for equities in Germany. As such, it allows more than 15 million private customers of 18 partner banks to engage in OTC trading with German and international equities, funds, ETFs, bonds as well as its own products.
Lang & Schwarz and wikifolio.com
Lang & Schwarz is issuer and market maker for wikifolio certificates. This is a open-ended index certificate (wikifolio certificate) which has an index that replicates the performance of the corresponding notional virtual portfolio (wikifolio) as underlying asset. Each wikifolio certificate is listed on the Stuttgart Stock Exchange as well as being tradeable off-exchange via Lang & amp; Schwarz.
The Lang & Schwarz TradeCenter AG & Co. KG provides the trading prices for tradeable individual assets in wikifolios which wikifolio traders can trade in their notional virtual portfolios. Ongoing quotes are provided on weekdays from 7:30 a.m. through 11 p.m. as well as on Saturdays from 10 a.m. through 1 p.m. and on Sundays from 5 p.m. through 7:00 p.m. (trading hours).
Furthermore, Lang & Schwarz is regularly active as guest author in the wikifolio.com blog.