Stock market today: S&P 500 climbs as health care, tech gain; Nvidia earnings loom
Investing.com -- flatexDEGIRO stock gained 3% on Thursday after the online broker reported improved trading activity in July, with transactions increasing 14% month-over-month and 16% YoY.
The German fintech company saw annualized trades per customer running at 22, ahead of consensus expectations of 20.5 for the third quarter of 2025. This improvement in trading activity was accompanied by a more favorable product mix, with cash products like stocks and bonds accounting for approximately 72% of transactions, up from 70% in June 2025, while lower-margin ETFs represented about 21%.
Customer accounts reached 3.32 million, representing a 14% increase YoY, with 32,600 new additions in July. The company appears on track to meet consensus expectations of approximately 3.4 million accounts by the third quarter of 2025.
Cash balances increased to €5.12 billion, compared to €5.06 billion in June 2025, accounting for approximately 5.8% of assets under custody. This represents a slight decrease from the 6.1% reported in June but aligns with market expectations of €5.1 billion for the third quarter.
The positive market reaction reflects investor confidence in flatexDEGIRO’s ability to maintain growth momentum in its core business metrics despite challenging market conditions.
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