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Boursorama

 
Hoover's Profile: Boursorama
(Euronext Paris:BRS)
Contact Information
Boursorama
18 quai du Point du Jour
92659 Boulogne-Billancourt, France
Tel. +33-1-46-09-50-00
Fax +33-1-46-09-58-01

Type: Public
On the web: http://groupe.boursorama.fr

One of Europe's largest online retail brokerages, Boursorama allows its customers to trade stocks on eight European markets, as well as on Nasdaq and the NYSE in the US. The company provides its services in several European Union nations with trading Web sites for France (through Boursorama Invest), Germany (where it operates as FIMATEX), and Spain and the UK (SELFTRADE). The company also offers savings products, financial news and information, research reports, and personalized advice. A top French bank, Société Générale, owns more than 55% of Boursorama.

Key numbers for fiscal year ending December, 2007:
Sales: $273.0M
Net income: $71.0M

Officers:
Chairman and CEO: Vincent Taupin
COO: Andrea Gardella
Managing Director IT: Alexandre Baumeister

Competitors:
Comdirect
Cortal Consors
DAB bank

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Wikipedia: Boursorama
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Boursorama is a European online financial services company. Activities range from stock broking to direct banking and financial information.

The Boursorama group is present in France, Germany, the United Kingdom and Spain.

The brokerage started in France in 1995 under the name Fimatex with online order via the minitel system. A separate financial information portal named Boursorama.com was created that same year in Nancy. The two merged in 2003 and retained the brand Boursorama.

The group has been present in Germany since 1997 where the Fimatex brand was changed to OnVista following the acquisition of the information site of the same name in 2007. In the United Kingdom and Spain, the Group is present with the Selftrade brand.

Boursorama is listed on the Euronext B compartment in Paris (ISIN: FR0000075228, Euronext code: BRS, Reuters code: FMTX.LN, Bloomberg code: BRS FP). The company is majority ownned by banking group Société Générale and 20% by Criteria CaixaCorp.

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