tick trading software benefits from the stock market and neobroker boom

tick Trading Software closes the 2019/220 financial year with a profit increase from 1.66 million euros to 2.01 million euros. This is the third time in a row that a record result has been achieved, according to the Düsseldorf company, which benefited from the stock market and neobroker boom last year. “The high volatility on the stock exchanges and the associated increased trading activity since the 1st quarter of 2020 have led to increased sales of load-dependent fees at tick-TS AG,” said tick Trading Software AG on Tuesday. There was also an increase in license income. The company puts the turnover at 7.32 million euros after 6.71 million euros in the previous financial year.

Shareholders of tick Trading Software AG are to receive a dividend of 2.01 euros per share. The shareholders have to approve the dividend proposal at the annual general meeting next year. In accordance with its articles of association, the company distributes the entire profit to the shareholders.

There is also a change to report in the company’s supervisory board: Ingo Hillen will resign from his position as a member of the supervisory board at the end of the next ordinary general meeting, announced tick Trading Software. The sino executive board is withdrawing from the supervisory board for purely personal reasons.

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With Hans-Werner Sinn, former President of the Ifo Institute: Corona and the miraculous increase in money in Europe
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