We provide compensation according to the provisions of the EAG law if an affiliated securities trading company gets into financial difficulty and cannot repay or meet its obligations towards customers under securities transactions.
The level of compensation per creditor is 90% of the creditor’s claims under securities transactions (EUR 20,000 maximum). Compensation is also given, up to this ceiling, for any interest claims.
To be excluded from the compensation are, i.a., insurance companies, medium and large-sized stock companies and state-owned enterprises. Neither is there any claim to compensation for amounts not denominated in the currency of a member state of the European Union or in EUR.
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© 1998 EdW - Entschädigungseinrichtung der Wertpapierhandelsunternehmen, Berlin