Trive hires Niklas Helmreich to lead new European brokerage

Rick Steves

The multi asset space is expanding and, with Trive’s world leading technology and robust systems, it has the potential to become a significant disruptor.”

Trive Europe, an upcoming multi-asset investment platform that will be launched next month, has appointed Niklas Helmreich as its new Managing Director based in Frankfurt, Germany.

Niklas Helmreich, who will be in charge of leading the brand’s expansion across Europe, has more than 27 years of experience in international financial services businesses, including developing and building top brokerage firms.

He joins Trive from FlatexDEGIRO, where he was Chief Operations Officer and Managing Director of the firm which is one of the largest online brokers in Europe. Prior to that, he held the role of CMC Markets DACH regional CEO, where he played a vital role in the restructuring of its operations.

Other key roles in his extensive career includes being one of the founders of the first discount broker in Europe, DAB bank. He later became involved in the takeover of the first pan European discount broker, Selftrade.

Multi asset space is expanding

Engin Çubukçu, Trive’s CEO and Chairman said: “We have been heavily investing in our brand and a proprietary multi-asset investment platform, which will be launched later this year. Niklas’s appointment is an important step, in establishing our brand and his experience will be invaluable in driving the business forward in Europe. Our multi-asset investment platform will be a convenient, smart, and secure solution for our customers’ financial needs. The multi asset space is expanding and, with Trive’s world leading technology and robust systems, it has the potential to become a significant disruptor.”

Niklas Helmreich, Managing Director of Trive Europe, added: “I am delighted to join Trive Europe. I have helped to grow businesses all throughout my career and I am thrilled to have the opportunity to use my knowledge and experience to support Trive Europe at this exciting stage as it starts out on its journey.”

Trive offers access to global investment products through an easy-to-use platform with a customizable and rich trading experience, featuring one-click trading, placing orders on the chart, advanced charting and technical analysis tools, advanced order types, market depth, and customizable workspaces.

The multi-asset investment platform will be launched in Europe next month.

Read this next

Inside View

Private Equity Renaissance

Recent years have seen a resurgence in the concept of trading physical equities, with a slew of new arrivals joining the market for what is arguably one of the oldest forms of investing. But what has been the driving force behind this change in momentum?

Digital Assets

Dubai introduces new crypto regulations with fines of up to $135,000

Against the backdrop of a crashing market and burned investors, Dubai has sealed a landmark rulebook that governs how the Emirate will regulate cryptocurrency activities.

Institutional FX

FX volume drops 16pct at Russia’s largest exchange in January

The Moscow Exchange, Russia’s largest exchange group, released its monthly batch of trading volumes and metrics for January 2023 – the latest readings showed a pullback across the board for multiple segments, namely in the FX, given lower volatility and a reduced trading schedule.

Institutional FX

Standard Chartered sets up wholly-owned brokerage arm in China

UK-headquartered bank Standard Chartered said its Hong Kong arm has been granted an in-principle approval for a brokerage license from the China Securities Regulatory Commission (CSRC).

Digital Assets

Revolut offers staking for Ether, Cardano, Polkadot, and Tezo

British fintech and banking firm Revolut has introduced crypto staking — a practice of earning rewards for serving as a transaction validator in the Ethereum blockchain – to its UK and European Economic Area (EEA) customers.

Inside View

Saxo releases Q1 2023 Quarterly Outlook: “The Models Are Broken”

“2023 is likely to prove a rough ride for currencies if the USD bear market fails to continue in a straight line, but EUR and JPY may outperform.”

Institutional FX

FXPA welcomes Mesirow as a member of the institutional FX industry body

“Our deep commitment to advancing best practices align well with FXPA’s goals of championing a robust FX market for all industry participants.”

Industry News

ICE delivers Russian-free barrels of ICE Gasoil and expands ESG data in APAC

ICE changed the methodology for Low Sulphur Gasoil futures from previously delivering diesel from any origin, to deliver diesel that does not include any originating from Russia. ICE Gasoil is the global benchmark for refined oil products.

Digital Assets taps Coinfirm for AML/CFT compliance amid licenses in the US, Europe, Hong Kong

“At, we continuously strive to mitigate AML/CFT and counterparty risks by integrating best-in-class security measures and safeguards into every part of our operations.”