1 insider bought €2.7M of shares over the last 90 days, the latest filed 22 Jul 2026.
This page follows insider dealings at sino Aktiengesellschaft as filed with BaFin, a company from the Finance & Banking sector based in Düsseldorf, Germany. Between 18 October 2025 and 18 October 2026, 1 insider published 11 filings.
On the market, 1 insider bought (3 purchases totalling €8.1M) while 1 insider sold (8 sales totalling €2.3M). The net balance comes to €5.8M on the buying side. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. The largest single trade was a purchase of €2.9M by MMI Leisure & Capital Management GmbH, published on 24 June 2026, equal to 1.2% of the market capitalisation.
The most recent open-market purchase was published on 22 July 2026, 87 days ago. The median gap between a trade and its publication by BaFin is 2 days. Under the Market Abuse Regulation, managers have three business days to notify their trades. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning.
With 11 filings in twelve months, the company is more active than the median of 5 filings across the 287 companies we follow on the same exchange. Looking back to 2025, when coverage begins, insiders filed 4 purchases and 9 sales.
For comparison within the same sector, see the insider buying recorded at First Guaranty Bancshares, Inc. and BCB Bancorp Inc. Source: insider filings from BaFin. Past trades are no guide to future returns.
Headquarters: Düsseldorf, Germany
Source: Wikidata (CC0).
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
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FY ended September 2025 · cache
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sino Aktiengesellschaft (ISIN DE0005765507, ticker XTP.DE) is a German listed company traded on Xetra/Frankfurt (DAX/MDAX/SDAX). It operates in the specialized financial services space and is headquartered in Düsseldorf, Germany. Founded in 1998, sino positions itself as a premium brokerage provider under the brand “sino AG | High End Brokerage,” with a clear focus on Heavy Traders: highly active, sophisticated market participants who value execution speed, professional tools, and responsive service. ([sino.de](https://www.sino.de/wp-content/uploads/2026/03/sino-Geschaeftsbericht-2024-2025.pdf))
The company’s core offering is its proprietary trading platform, sino MX-PRO. This platform provides access to a broad range of asset classes, including equities, futures, bonds, options, FX, certificates, and, more recently, crypto assets. sino also offers an API designed for real-time trading automation, which is a key feature for professional and semi-professional traders. According to the 2024/2025 annual report, more than 99% of customer orders were executed through MX-PRO, underscoring the platform’s central role in the client proposition and the company’s technology-led business model. ([sino.de](https://www.sino.de/wp-content/uploads/2026/03/sino-Geschaeftsbericht-2024-2025.pdf))
From a competitive standpoint, sino is best understood as a niche specialist rather than a mass-market broker. Its differentiation lies in serving a small but demanding customer base with high-touch support, advanced order functionality, and access to multiple trading venues and liquidity partners. The 2024/2025 report states that customers can reach more than 40 trading venues worldwide through the platform, while partnerships such as gettex, Baader OTC, and Bank Vontobel broaden execution options and product reach. This makes sino particularly relevant for active traders seeking speed, flexibility, and professional-grade infrastructure. ([sino.de](https://www.sino.de/wp-content/uploads/2026/03/sino-Geschaeftsbericht-2024-2025.pdf))
Geographically, the business is mainly centered on Germany, although its technology and market access allow clients to trade across international venues. The company is based in Düsseldorf and, as disclosed in the annual report, serves roughly 300 accounts with a staff of around 23 employees. That scale is small, but it is consistent with a focused high-end brokerage model. ([sino.de](https://www.sino.de/wp-content/uploads/2026/03/sino-Geschaeftsbericht-2024-2025.pdf))
Recent developments have been constructive. In fiscal 2024/2025, executed orders increased by 66.8% to 1,063,491, commission income rose 28.3% to about EUR 9.8 million, and group total revenue reached roughly EUR 10.1 million. Consolidated net income came in at EUR 1.004 million, or EUR 0.43 per share, and management proposed a dividend of EUR 1.46 per share for the annual general meeting scheduled for 4 May 2026. The company also continued to expand its crypto-trading functionality and improve market connectivity, while pursuing client acquisition initiatives. ([sino.de](https://www.sino.de/wp-content/uploads/2026/03/sino-Geschaeftsbericht-2024-2025.pdf))
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