Advantages of OTC trading
OTC trading is a cost-effective and comfortable option to trade equities and other securities, precisely for private investors.
OTC trading not only takes place before and after but also parallel to exchange hours—though not via the exchange with the corresponding fees but directly via your online bank.
Via LANG & SCHWARZ TradeCenter AG & Co. KG, you trade more cost-effectively than over the exchange, because the fees of your online bank are frequently lower. You don't pay any commission on equities transactions, for instance. And you moreover will often receive a better buy or sale price than simultaneously on the exchange.
From 7:30 a.m. to 11:00 p.m., you can react to the current news and trade, even over the weekend: Saturdays from 10:00 a.m. to 1:00 p.m. and Sundays from 5:00 to 7:00 p.m.
You don't have to open up an account with us and can start to trade right away using your account at your direct bank. You can find a list of partner banks here.
Even before you conclude a trade, you will be informed of the exact price at which you are trading. You don't have to wait for the execution. You receive your execution confirmation in seconds.
Some direct banks offer limit trading through us—with limit orders that don't even exist on the exchanges e.g. »Trailing-Stop-Orders« from 7:30 a.m. to 11:00 p.m. Enquire with your direct bank.
Most OTC transactions are made during exchange hours, always at the same advantageous conditions.
Compare prices before you trade. Though one broker might be offering lower transaction fees, lower securities prices can quickly negate this advantage. Check what remains for you under the bottom line.