Self Trade has engaged Credit Suisse First Boston (CSFB) as advisor. CSFB will investigate Self Trade´s possibilities for a listing on Nouveau Marche, which is the French equivalent of Nasdaq and Neue Markt.
Self Trade has already established itself as one of the leaders on the French market. Its goal is to become leader in the European market as regards financial services via the Internet.
Self Trade is one of the pioneers of Internet trading in France and has made its name by taking a flat fee for each trade, regardless of the size of the transaction.
Self Trade carries out business operations in London, Milan, Madrid and Cologne.
Self Trade has more than 11,000 customers and receives 13,000 orders per day. The shareholders’ equity of Self Trade is EUR 42 million and, in 1999, the company had a turnover of EUR 9 million. Self Trade has a staff of 100.