Upvest, Boerse Stuttgart partner on securitised trades

Upvest has struck a partnership with Boerse Stuttgart that adds securitised derivatives trading to Upvest's investment infrastructure for financial institutions across Europe.

The companies said financial institutions that use Upvest's Investment API can offer securitised derivatives alongside other listed instruments such as shares and exchange-traded funds. Boerse Stuttgart said it will provide the exchange venue for the trading.

Boerse Stuttgart said its platform offers access to more than 2.5 million securitised derivatives. The exchange group described these instruments as among the most actively traded in the European retail market.

Exchange access

The partnership makes Upvest a trading participant at Boerse Stuttgart, according to the companies. They positioned the agreement around distribution through Upvest's network of banks and fintechs.

Upvest said the arrangement reduces the work required for institutions that want to add securitised derivatives. The company said firms can rely on Upvest for exchange and issuer connectivity.

Upvest also said it manages trading-related operations that sit behind a new product launch. The company listed trading, settlement and reporting logic as areas that institutions would not need to build themselves when using the Investment API. Upvest said it handles regulatory requirements and risk management as part of the service.

Boerse Stuttgart Group has built a strong position in listed retail investment products in Germany and other European markets. The partnership links that market access with Upvest's API-based infrastructure that sits inside consumer-facing investment apps and bank platforms.

Retail demand

Securitised derivatives cover listed products such as warrants and certificates issued by banks and other issuers. In European markets, retail trading in these products often runs through dedicated exchange segments and specialist market makers.

The companies said the product class attracts frequent trading activity. They also said institutions see demand from more advanced retail investors who seek tactical exposure and leveraged positions.

Boerse Stuttgart said it will bring liquidity and transparency in securitised derivatives trading to Upvest's client base across Europe.

Dragan Radanovic, Chief Business Officer, Boerse Stuttgart Group, commented on the new relationship between the exchange group and Upvest.

"We are delighted to welcome Upvest as a new trading participant. In our partnership, we provide efficiency, transparency and liquidity in securitised derivatives trading to Upvest's client network of financial institutions and fintechs across Europe," said Dragan Radanovic, Chief Business Officer, Boerse Stuttgart Group.

API distribution

Upvest said financial institutions already using its Investment API can add the new instrument set in a similar way to other assets distributed via the same interface. The company said the aim is a consistent integration approach for product expansion.

Martin Kassing, CEO and Co-Founder, Upvest, said the Boerse Stuttgart link marks another development step for the firm's product offering.

"Partnering with Boerse Stuttgart to enable securitised derivatives trading is the latest in a series of milestones for Upvest. Through our Investment API, it will now be as easy to offer securitised derivatives trading as ETFs or stocks. By handling all of the operational and regulatory complexity, we're giving financial institutions a decisive advantage in terms of scalability, modularity, and cost," said Martin Kassing, CEO and Co-Founder, Upvest.

Upvest said it is active in more than 20 European markets. It said it processed over 100 million orders in 2025 on behalf of clients including Deutsche Kreditbank, Revolut, bunq, Santander's Openbank and Zopa.

Upvest describes itself as a technology company and securities institution that provides banks, brokers and wealth managers with API-based infrastructure for securities operations. The company said it also provides trading, custody and back-office services on behalf of clients.

Boerse Stuttgart Group said it is the sixth largest exchange group in Europe. The group said it operates exchanges in Germany, Sweden and Switzerland. It also pointed to activities in digital assets and crypto markets. The group said it has a workforce of 700 across sites including Stuttgart, Berlin and Frankfurt, as well as other European offices.

The companies said the partnership will make securitised derivatives available through Upvest's financial institution client base across Europe.