Baader Bank AG is a Germany-based securities trading bank. It is active in the business areas of: market making shares, market making derivatives, market making bonds, funds trading, institutional brokerage operations, direct market access, electronic trading and capital market services. Its primary business segments are: Specialist Activities and Proprietary Trading, Agency Business, Capital Market Services and Financial Portfolio Management. As part of Specialist Activities, Baaderbank establishes market prices for securities. Its Agency Business segment serves as a broker between domestic and foreign banks, and financial service institutions. Within the score of its Capital Market activities, services and consulting in the areas of initial public offerings, public bids, placements, capital increases and reductions are included. Financial Portfolio Management encompasses the management of individual assets.