(Alliance News) - Directa SIM Spa reported on Wednesday that it closed the first half of the year with "new records" in the "three key growth drivers: number of clients, client assets, and number of orders executed with related economic value."

Active customers as of June 30 increased to 92,132 up 18 percent from December 31, 2023 and 34 percent from June 30, 2023. With the opening of more than 23,000 new accounts in twelve months between June 30, 2023 and June 30, 2024, "Directa posted the largest increase in customers in its history," the company points out in a note.

This performance was boosted by the gradual expansion of the services offered and the launch of the new "Directa App" in June 2023, with the "Libera" platform, which over the months was highly appreciated especially by new customers.

As of June 30, the value of total customer assets exceeded EUR5.7 billion, up 22 percent from December 31, 2023, and up 34 percent from the first half of 2023. The performance was boosted not only by the increase in clients, but also by the good performance of listings over the past 12 months.

The total number of orders executed by clients in the first half of 2024 was more than 2.3 million, up 13% from June 30, 2023.

On domestic "cash" markets, which account for more than 50 percent of Directa's customer operations, the number of orders executed in the first half of the year was more than 1.3 million, up 22 percent year-on-year.

In addition, the countervalue of such orders exceeded the EUR18 billion threshold, up 27 percent compared to the first half of 2023, "also due to an increase in the share of orders executed on the bond market compared to the equity market," the company points out.

Lastly, the total number of orders executed by Directa's clients on all Italian and foreign "cash" markets exceeded 1.6 million in the first half of the year, an increase of 27 percent compared to the first half of 2023, partly due to a strong upswing in interest that affected the U.S. markets, which grew by 42 percent in the six-month period.

Directa SIM closed Tuesday in the red by 0.6 percent at EUR3.64 per share.

By Chiara Bruschi, Alliance News reporter

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