Pantelakis Securities

Name

Pantelakis Securities

Legal name

Pantelakis Securities S.A.

Website

https://pantelakis.gr

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

11–50 employees

Short description

Pantelakis Securities S.A. is a Chalandri, Greece-based full-service brokerage founded in 1920 offering equities, derivatives, bonds, mutual funds, custody, and market making services to Greek retail and institutional clients via its TradeDirect online and phone channels.

Ownership category

akta.pro rank

Product category

Brokerage and Investment Services

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (523150), Portfolio Management and Investment Advice (52394)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Fixed Income Brokerage (Bonds) (FSAEACAJ)

akta.pro secondary industries

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Securities Safekeeping & Asset Servicing (Core Custody Ops) (FSACAHAF), Government Bond (Sovereign) Trading Platforms (FSAFACAA)

Keywords

• Brokerage services
• Equities trading
• Derivatives trading
• Investment research
• Custody and clearing

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Brokerage Commissions - Equities: Commission-based revenue from executing buy and sell orders for Greek and international equities listed on Athens Exchange and foreign stock exchanges. Commission rate of 0.35% with minimum €5 per transaction.
2. Derivatives Trading: Revenue from futures and options trading on Athens Derivatives Exchange and international derivatives markets covering indices, shares, exchange rates, bonds, commodities
3. Market Making Services: Revenue from providing liquidity services to listed companies, enhancing trading volume and price depth through certified market makers
4. Custody and Clearing Services: Fees for safekeeping of securities, corporate actions processing, dividend collection, and statement provision for client portfolios
5. Cash Management: Revenue share from placing client cash balances in term deposits and interest-bearing accounts with partner banks
6. Bond Trading and Custody: Revenue from government and corporate bond transactions plus custody services including coupon collection and tax withholding
7. Mutual Fund Distribution: Revenue from offering mutual fund products across equity, mixed, bond, and cash management categories to clients

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Pantelakis Securities S.A. is a Greek brokerage firm providing execution, custody, clearing, market making and research services across Greek and international equity, derivative, bond, and mutual fund markets for both retail self-directed investors and institutional clients. Services are delivered through the proprietary TradeDirect electronic trading platform (internet, mobile, FIX), dedicated institutional sales desks, and a research portal serving registered institutional clients.

Product overview

Pantelakis Securities is a full-service brokerage firm offering a unified platform of investment services centered around its TradeDirect electronic trading ecosystem. The core offering includes TradeDirect (online trading), TradeDirect View (portfolio monitoring), Mobile TradeDirect, and Phone Trading as delivery channels for the Athens Exchange and international markets. Supporting services encompass Greek Stock Exchange and International Markets trading (shares, derivatives), Mutual Funds, Bonds, Institutional Client Services, Custody and Clearing, Market Making, and a Research Portal. AssetWise Capital Management operates as an affiliated brand providing specialized investment advisory. The company is one of Greece's oldest brokerages, founded in 1920.

Differentiator

Problem solved

Functional benefit

Brands

• TradeDirect: Online trading platform providing real-time access to ATHEX, foreign markets, and portfolio management via internet and mobile.

Products and services

• TradeDirect Online Trading Online trading platform providing 24/7 internet access to the Athens Exchange, international markets, and account management with real-time stock prices, automated buy/sell order execution, portfolio monitoring, and multi-currency account support (USD, GBP). Targeted at retail and self-directed investors.
• Athens Exchange Brokerage Services Brokerage services for the Athens Exchange covering shares, derivatives (futures and options on indices and single stocks), and multiple account types (cash, 2-day credit, margin). Aimed at retail and institutional clients trading Greek securities.
• International Markets Execution Access to major foreign equity and derivatives exchanges across Europe, America, and Asia, with transactions executed through HSBC Bank plc London and cleared through HSBC Bank France. Includes direct access to ICE Futures US & Europe, Eurex, Euronext, CME, CBOT, and CBOE for derivatives trading. Targeted at retail and institutional clients seeking cross-border market access.
• Institutional Clients Services Integrated investment services for institutional investors including order transmission for Greek and foreign exchanges, dedicated research studies, derivatives trading, bond services, and Direct Market Access to international capital markets. Aimed at insurance funds, portfolio investment companies, mutual funds and other institutional accounts.
• Custody and Clearing Services Full clearing and custody services covering securities safekeeping, corporate operations (capital increases, public offers, dividend collection), tax withholding, certificate issuance, cash management with term deposits, and multi-currency accounts (USD, AUD, GBP). Aimed at retail and institutional clients needing post-trade servicing.
• Bond Trading and Custody Bond trading and custody services covering government, supranational, and corporate bonds, with coupon collection, tax withholding, and certificate issuance. Targets retail, private, and institutional clients with fixed-income allocation needs.
• Mutual Fund Distribution Distribution of ready-made mutual fund portfolios across equity, mixed, bond, and cash management categories for Greek and international markets. Aimed at retail, private, and institutional clients seeking diversified pooled-fund exposure.
• Market Making Services Licensed market making services at the Athens Stock and Derivatives Exchange providing enhanced liquidity, tighter spreads, and improved trading volume for listed companies through certified senior managers covering both stocks and derivatives. B2B offering aimed at Athens-listed issuers.
• TradeDirect View Portfolio Monitoring Portfolio monitoring add-on that lets clients track holdings and cash balances through a computer without executing transactions, providing portfolio summaries, transaction histories, analysis sheets, news headlines, and 15-minute delayed stock prices. Aimed at read-only or less-active retail investors.
• AssetWise Capital Management (Affiliated) Specialized investment advisory and wealth management services for private and institutional clients, creating optimized individualized portfolios across different investment risk profiles. Operates as an affiliated brand via AssetWise Capital Management A.E.P.E.Y.

Quantifiable outcome

• Top 10 ranking among Greek brokerage companies
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• HSBC Bank plc LondoncoreTechnology or IntegrationInternational markets execution through HSBC London with clearing via HSBC Bank France. Direct access to major regulated markets including ICE Futures US & Europe, Eurex, Euronext, CME, CBOT and CBOE for derivatives trading.
• AssetWise Capital ManagementminorStrategic or Co-development PartnerSpecialized investment advisory and asset management partner for private and institutional clients. Excluded from CrediaBank transaction. Focus on identifying global investment risks and converting them into opportunities through optimized portfolio allocation.
• Pantelakis & Associates Law FirmminorImplementation/ SI/ Consulting PartnerLegal counsel to selling shareholders of Pantelakis Securities in the CrediaBank transaction.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Piraeus Securities: Brokerage and investment banking arm of Piraeus Bank operating in the Greek market with full-service trading, custody, and research offerings. Directly comparable in scope, customer segments, and reliance on a single Greek distribution footprint.
• Eurobank Equities: Greek investment banking and brokerage arm of EuroBank, providing equities, derivatives, and advisory services to retail and institutional clients on ATHEX. Directly comparable to Pantelakis in Greek brokerage scope, with the additional scale advantage of being embedded in a major Greek bank.
• Beta Securities: Independent Greek brokerage offering equities and derivatives execution, custody, and investment services to retail and institutional clients. A closer headcount and structure match to Pantelakis than the bank-owned peers.
• Alpha Finance: A leading Greek investment firm offering brokerage, investment banking, and asset management services with institutional and retail clients. Comparable to Pantelakis across securities brokerage, ECM/DCM execution, and research distribution.
• Optima Securities: Greek brokerage and investment services firm focused on Athens Stock Exchange equities and derivatives. Directly comparable as a domestic ATHEX-focused intermediary competing for similar retail and institutional flow.
• National Bank of Greece Securities: Securities subsidiary of NBG providing brokerage, custody, and advisory services to Greek retail and institutional clients. Mirrors Pantelakis's product set, with the added leverage of a top-tier Greek banking parent.

Emerging players

• Euroxx Securities: Greek investment services firm providing brokerage, advisory, and research coverage of Greek listed companies. Comparable to Pantelakis in regional focus and research-led positioning, with a more concentrated institutional client emphasis.

Broad incumbents

• Interactive Brokers: Global electronic broker with deep multi-asset execution and FIX connectivity serving retail and institutional clients across European exchanges including ATHEX. Comparable to Pantelakis in execution capability but vastly broader in geographic and product reach.
• TP ICAP: Global interdealer broker providing institutional voice and electronic execution across rates, equities, and credit, with a meaningful presence in European capital markets. Comparable in institutional intermediation model but with much broader geographic scale than Pantelakis.

Others

• ATHEXClear: Central counterparty and clearing house for the Athens Exchange, providing clearing and settlement infrastructure that Pantelakis relies on for custody and clearing operations. Included as an adjacent market infrastructure provider rather than a competitor.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pantelakis Securities