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The TASS sharebroker GmbH (generally under TASS admits) is in the range variable interest-bearing securities (international designation Floating rate Notes and/or Floater) with that largest market share the central institution at the German market.

On the financial information systems Bloomberg and Reuters maintain the TASS over 1200 sides with information too over 4500 Floatern. It no own positions held (name Give UP Broking), this guarantees neutrality and the banks the fairest order execution. The TASS obtains the direct conclusion of a deal between the banks, by determining the market price. The determined prices have the status of the official prices in the floating he market due to their occupied market proximity and the fact that TASS does not hold an own position, and therefore by numerous Investmentbanken are consulted, in order to evaluate their Portfolios. The company maintains the largest data base for Floater with access to one more than twelve-year-old boys business and Spreadhistorie as well as the respective credit curves.

TASS Floater index

Since short the enterprise makes additionally the TASS available Floater index. Here it concerns a statistic aid, with which the development of the market in only one number can be summarized. This permits a simple comparability in the sense of a bench mark of individual loans or an entire Portfolios to the market participants.

History

The TASS sharebroker GmbH was created 1993 by the former DM euro bond dealer Deutsche Bank AG Polz. 1994 were added Kim walter of the DZ bank. Within fewer years the company within the range of the so-called cathedral TIC papers, which will go from German emitters, became the company with that largest market share. As well as among the customers ranks world-wide transacts medium sized Investmentbanken with small trade teams, which use TASS in the context of the outsourcing of their commercial activities. 1997 were strengthened the team around Carsten Ringler, which was responsible with the German bank for and Market Making (to Market Marking see mortgage bond) of euro and cathedral TIC emissions before. The company name TASS results from the abbreviation Trading and Sales support. Seat of the company is yard home at the Taunus.

Management

  • Polz, managing director
  • Margot Polz, business guide
  • Franc Polz, managing director
  • Carsten Ringler, director
  • Kim walter, director
  • Anja Geisler, Prokuristin

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