BinckBank

BinckBank is a Dutch stockbrokerage that offers an electronic trading platform to trade financial assets.

BinckBank N.V.

Company type	Naamloze vennootschap
Traded as	Euronext: BINCK
Industry	Financial services
Founded	2000; 25 years ago (2000)
Headquarters	Amsterdam, Netherlands
Key people	Koen Beentjes (CEO), Kees Scholtes (Chairman of the supervisory board)
Services	Stockbroker Electronic trading platform
Revenue	€184.8 million (2010)[1]
Operating income	€60.3 million (2010)[1]
Net income	€44.2 million (2010)[1]
Total assets	€3.217 billion (end 2010)[1]
Total equity	€468.9 million (end 2010)[1]
Number of employees	565 (FTE, end 2010)[1]
Website	www.binck.com

History

The company was founded in 2000 by four former employees of IMG Holland, a defunct broker. The company was only acting as a broker in the professional market between banks and derivative firms. In October 2000, Binck opened a retail branch. Major trading firm AOT financed the start-up partly, taking a 52% stake, and bought the remaining shares in 2004.

In 2007, Binck acquired Alex Beleggingsbank from Rabobank for €390 million euros.^[2]

In 2009, Binck announced a joint venture with the Dutch market maker Optiver to create a platform to internalize Binck's order-flow to Optiver.^[3]

In 2019, the company was acquired by Saxo Bank.^[4][5]