Opening and Closing Bell in Paris.
Renell Wertpapierhandelsbank AG, independent German broker firm, opens the European trading day in Paris to celebrate becoming a new member of NYSE Euronext
Renell Wertpapierhandelsbank AG is a long-established and steadily expanding member firm of the Frankfurt Stock Exchange.
It all began in 1985 when Peter Renell founded the Peter Renell Wertpapierhandelsgesellschaft mbH and was admitted to the Frankfurt Stock Exchange (FSE) as an official broker ("amtlicher Kursmakler", today called "Skontroführer"). In early 2005 the company changed its legal form to Renell Wertpapierhandelsbank AG to take account of the expansion in the fields of business. Still the company is 100% family owned and in the second generation of succesful work for its clients at the Frankfurt and Berlin Stock Exchanges as well as NYSE Eurnext.
Following the acquisition of the specialist mandates from TriTrade GmbH effective 23 May 2011, Renell Wertpapierhandelsbank AG is even more diversified and is considered to be a top player in the market.
In addition to lead broking and Xetra® specialist trading, Renell Bank offers designated sponsoring, brokerage and proprietary trading, and provide IPO support for German and foreign companies, primarily SMEs.
More than 2,500 transactions each day make the Renell Bank one of the leading firms in the sector, providing services to big-name clients such as Deutsche Börse AG, Commerzbank AG (DAX), Heidelberger Druckmaschinen AG (MDAX), Demag Cranes AG (MDAX), Gildemeister AG (MDAX) and SolarWorld AG (Tec DAX). Beside the stock trading, Renell Bank is responsible for more than 16.000 Bond orderbooks at the Frankfurt, Berlin and Euronext Exchange.
Despite the size of the firm and its growth, people are still at the centre of this family business. True to the philosophy 'man is the measure!', the personal aspect is not a contradiction for Renell Bank. Instead, it is a principle that guides its business and its success.
This not only applies to its clients, with whom the Renell Bank maintains intensive relations -- in some cases, over many years. It also applies to its team, in whose expertise and skills the Renell Bank trust.