Synthesis Bank, already the most competitive on-line bank

• offers even more attractive terms for access to the stock market by abolishing minimum amounts and fees on CFDs
• increases gearing on foreign currency trading (margin reduced from 2% to 1%)
• launches a new version of its multi-product platform

Synthesis Bank, already the most competitive on-line bank:
• offers even more attractive terms for access to the stock market
by abolishing minimum amounts and fees on CFDs
• increases gearing on foreign currency trading
(margin reduced from 2% to 1%)
• launches a new version of its multi-product platform

Synthesis Bank is frequently described as "the most attractive on-line bank", particularly by publications such as Bilan, Cash, Stocks and TagesAnzeiger. Furthermore, it is the only Swiss bank not to bill any deposit or management charges.

From now on, Synthesis Bank offers stock market investors even more competitive and effective trading terms and tariffs: it is abolishing minimum amounts and all minimum fees on purchases and sales of CFDs.is frequently described as "the most attractive on-line bank", particularly by publications such as Bilan, Cash, Stocks and TagesAnzeiger. Furthermore, it is the only Swiss
bank not to bill any deposit or management charges.

Still a relatively little known product category in Switzerland, CFDs (Contracts For Difference) allow investors to participate in increases and decreases in equity prices without the need to hold the shares or to borrow them, with a significant multiplying capability. CFDs are also a formidable portfolio hedging instrument.

Synthesis Bank is further reducing its margin on foreign currency transactions from 2% to 1% (on the first CHF100,000). As such, with an investment of CHF1,000, the investor now benefits from a gearing effect on CHF100,000 (as opposed to CHF50,000 previously).
Charles-Henri Sabet, founder and CEO of Synthesis Bank, explains: “thanks to our advanced technology, we are focusing on the volume of trades rather than the margins. Our clients, both small and large, are now all handled on an equal footing and are thus able to make considerable savings on dealing room and back-office charges, while benefiting from highly effective risk management.”

In fact, Synthesis Bank’s on-line platform automatically manages each client’s exposures and margins by consolidating all his assets, regardless of the products concerned. In the event of excessive gearing, the client is advised immediately. Another major benefit is that third-party managers can track all their clients’ positions, on screen, with ongoing control over risks.

Synthesis Bank is launching a new version of its Tradingfloor platform, which now offers even greater user-friendliness and ease of access. “Our clients thus have access to an even greater wealth of relevant information on stock market prices and foreign exchange rates as well as the latest market news, including comparisons between different investment instruments and chart
analysis of trends” emphasises Charles-Henri Sabet. “This is a first step towards the launch of a new, fundamentally innovative proprietary platform that is expected to be operational in early 2007.”

In the same vein, Synthesis Bank is also boosting its 24/7 advisory service, which allows investors to benefit from its intimate knowledge of the markets.