Content of this website:
The content of this website has been prepared with the greatest possible care. However, LANG & SCHWARZ Tradecenter AG & Co. KG assumes no warranty for the accuracy, completeness or currentness of the content provided, particularly for price, market, exchange or other financial information. The prices displayed may vary significantly from the legally binding trading prices.
The retrievable content is to be used at the user's own risk and is not intended for persons in countries where the content is subject to legal, administrative or other restrictions. Users in such countries act under their own responsibility and agree to inform themselves about national restrictions and to observe them as necessary. Contributions designated by name reflect the opinion of the respective author and not that of LANG & SCHWARZ Tradecenter AG & Co. KG.
Availability of the website:
Lang & Schwarz TradeCenter AG & Co. KG will endeavor to offer the service on demand without any interruptions, as feasible. Even exercising all due diligence, however, downtime cannot be ruled out. LANG & SCHWARZ Tradecenter AG & Co. KG reserves the right to modify or discontinue its offerings at any time.
This website contains links to third-party websites ("external links"). These websites are subject to the liability of the respective operators. When incorporating the external links for the first time, LANG & SCHWARZ Tradecenter AG & Co. KG reviewed the third-party content for legal violations. At that point in time, no legal violations existed. LANG & SCHWARZ Tradecenter AG & Co. KG has no control whatsoever over the current and future design and content of the linked websites. The inclusion of external links does not signify that LANG & SCHWARZ Tradecenter AG & Co. KG has adopted the content referred to or linked as its own. Without specific indications of legal violations, LANG & SCHWARZ Tradecenter AG & Co. KG cannot be reasonably expected to continuously control these external links. However, should the company become aware of legal violations, the corresponding external will be deleted without delay.
No contractual relation:
By using the website of LANG & SCHWARZ Tradecenter AG & Co. KG, no contractual relation whatsoever comes about between the user and LANG & SCHWARZ Tradecenter AG & Co. KG. Hence, no contractual or quasi-contractual claims can arise against LANG & SCHWARZ Tradecenter AG & Co. KG. Should the use of the website nonetheless lead to a contractual relation, the following restriction of liability applies as a strictly precautionary measure: LANG & SCHWARZ Tradecenter AG & Co. KG shall be liable for intentional action and gross negligence and in the event of a breach of a material contractual duty. Limited to compensation for damage typically foreseeable upon the closing date of the contract, LANG & SCHWARZ Tradecenter AG & Co. KG shall be liable for damage based on any slightly negligent breach of material contractual duties by it or its legal representatives or vicarious agents. LANG & SCHWARZ Tradecenter AG & Co. KG shall not be liable in the event of a slightly negligent breach of ancillary duties that do not constitute material contractual duties. The liability for damage falling under the scope of protection of any representation or warranty issued by LANG & SCHWARZ Tradecenter AG & Co. KG and the liability for claims based on the Product Liability Act and damage based on injury to life, limb or health shall not be prejudiced hereby.
The content and works published on this website are protected by copyright. Any use not authorized by German copyright law requires the prior written approval of the respective author. This applies particularly to the reproduction, processing, translation, storage and transfer of content in databases or other electronic storage media and systems. Third-party content and contributions must be labeled as such. The unauthorized reproduction or transfer of some or all content is not permissible and is subject to criminal prosecution. Copies and downloads may only be made for personal, private and non-commercial purposes; users of the website are responsible for ensuring that the information and content downloaded on their systems are checked for viruses and other destructive features. Links to the website of LANG & SCHWARZ Tradecenter AG & Co. KG are welcome at any time and do not require any approval by LANG & SCHWARZ Tradecenter AG & Co. KG. This website may not be presented in third-party frames without permission.(3) Data protection
By visiting the website of LANG & SCHWARZ Tradecenter AG & Co. KG, information about the access (date, time, pages viewed, etc.) may be stored on the server. These data are not personal data but are anonymized. They are exclusively analyzed for statistical purposes. As feasible, personal data (e.g. name, address or e-mail address) are always only collected on this website on a voluntary basis. No data are disclosed to third parties for commercial or non-commercial purposes. Data can moreover be stored on the computers of the website users. Such data are called "cookies" and serve to facilitate access by users. However, users have the option to deactivate this function in their web browser. In such case, however, there can be restrictions when using our website. LANG & SCHWARZ Tradecenter AG & Co. KG expressly notes that data transfers in the Internet (e.g. in communications by e-mail) have security gaps and cannot be seamlessly protected against access by third parties. The use of the contact data of LANG & SCHWARZ Tradecenter AG & Co. KG (e.g. the phone and fax numbers and e-mail addresses) for commercial advertising is expressly not desired, unless LANG & SCHWARZ Tradecenter AG & Co. KG has provided its prior written approval or business contact has already been established. LANG & SCHWARZ Tradecenter AG & Co. KG and all persons named on this website hereby object to any commercial use or disclosure of their data.
Data protection declaration for use of Google Analytics:
This website uses Google Analytics, a web analysis service of Google Inc. ("Google"). Google Analytics uses "cookies", text files stored on your computer that enable an analysis of your use of this website. The information generated by the cookie about your use of this website is normally transmitted to a Google server in the United States of America and stored there.
If IP anonymization is activated on this website, your IP address will be abbreviated beforehand by Google within member states of the European Union or in other contracting states of the European Economic Area. Only in exceptional cases will the full IP address be transmitted to a Google server in the United States and abbreviated there. At the request of the operator of this site, Google will use this information in order to analyze your use of the website in order to create reports on the website activities and to perform further services for the website operator associated with this website and Internet use. The IP address transmitted by your browser within the framework of Google Analytics will not be merged by Google with other data.
You can prevent the storage of cookies by setting your browser software accordingly; however, we note that not all functions of this website will then be fully usable. By downloading and installing the Google Opt-Out browser add-on, you can moreover prevent the data generated by the cookies about your use of the website (including your IP address) from being recorded and processed by Google.(4) Applicable law
Exclusively the relevant law of the Federal Republic of Germany shall apply.(5) Special terms and conditions of use
If special terms and conditions for the use of this website vary from Items (1) to (4) above, express reference shall be made thereto where relevant. In such event, the special terms and conditions of use shall apply in the specific case.Note on the cookies used by this website
This website does not use data in cookies which would give us the possibility to identify returning visitors. The following information is stored in the cookies from this website: a note whether the visitor has approved our Special Terms and Conditions of Use; all information regarding the visitor's watch list
Please address general questions or suggestions to:
LANG & SCHWARZ Tradecenter AG & Co. KG
Breite Strasse 34
Phone: +49 (0)211 138 40 0
Fax: +49 (0)211 138 40 90
Conception of collateralization
TEAM Treuhand GmbH was appointed by Lang & Schwarz Aktiengesellschaft to act as a trustee on behalf of the wikifolio holders under a trust agreement dated 20 February 2017. In a security agreement, also dated 20 February 2017, between Lang & Schwarz Aktiengesellschaft, Lang & Schwarz TradeCenter AG & Co. KG and TEAM Treuhand GmbH, the financial liabilities towards the wikifolio holders under the wikifolio index certificates sold were secured by pledges over
(a.) securities which were acquired on the basis of the wikifolio index certificates sold,
(b.) current account balances held at third-party banks, and
(c.) the balance of the current account credit in current accounts at the principal bank HSBC Trinkaus & Burkhardt AG.
You can find further information on how the wikifolio index certificates are hedged in the current Bericht on the audits carried out by TEAM Treuhand GmbH.
Lang & Schwarz TradeCenter AG & Co. KG
Lang & Schwarz TradeCenter AG & Co. KG
Breite Straße 34
Phone: +49211 - 13840 – 404
Fax: +49211 - 13840 - 90