Avanza
Encyclopedia
Bankaktiebolaget Avanza is the largest online
stock broker
in the Nordic countries
with more than 150 000 customers and the largest number of deals on the Stockholm Stock Exchange
. Avanza is one of the options open to private investors who want to play an active part in their investments and savings programmes.
Avanza is listed on the Nordic List's Mid Cap (ticker symbol
AZA.ST).
in Sweden.
In 2001 it merged with HQ.se and Aktiespararna's brokerage firm Aktiespar. This merger made Avanza the largest online broker in Sweden with more than 150 000 active customers and a 50% market share among the online brokers.
In May 2006, Avanza acquired Börsveckan AB - the company behind the stock magazine with the same name.
In September 2006, Avanza launched the online magazine Placera Nu, with Peter Benson as chief editor. In January 2008 Gunnar Wrede was appointed new chief editor.
Investing online
Investing online, or self-directed investing, has become the norm for individual investors and traders over the past decade with many, if not all brokers now offering online services with unique trading platforms.-Overview:...
stock broker
Stock broker
A stock broker or stockbroker is a regulated professional broker who buys and sells shares and other securities through market makers or Agency Only Firms on behalf of investors...
in the Nordic countries
Nordic countries
The Nordic countries make up a region in Northern Europe and the North Atlantic which consists of Denmark, Finland, Iceland, Norway and Sweden and their associated territories, the Faroe Islands, Greenland and Åland...
with more than 150 000 customers and the largest number of deals on the Stockholm Stock Exchange
Stockholm Stock Exchange
The Stockholm Stock Exchange is a stock exchange located in Stockholm, Sweden. Founded in 1863 it is the primary securities exchange of the Nordic Countries....
. Avanza is one of the options open to private investors who want to play an active part in their investments and savings programmes.
Avanza is listed on the Nordic List's Mid Cap (ticker symbol
Ticker symbol
A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker...
AZA.ST).
History
Avanza was founded in 1997 as the first online stock brokerStock broker
A stock broker or stockbroker is a regulated professional broker who buys and sells shares and other securities through market makers or Agency Only Firms on behalf of investors...
in Sweden.
In 2001 it merged with HQ.se and Aktiespararna's brokerage firm Aktiespar. This merger made Avanza the largest online broker in Sweden with more than 150 000 active customers and a 50% market share among the online brokers.
In May 2006, Avanza acquired Börsveckan AB - the company behind the stock magazine with the same name.
In September 2006, Avanza launched the online magazine Placera Nu, with Peter Benson as chief editor. In January 2008 Gunnar Wrede was appointed new chief editor.