What is TUI AG?
TUI AG originated as an industrial mining and transportation company called Preussag AG in Hanover, Germany. Through an acquisition of Hapag-Lloyd in 1997 the company entered the tourism industry and has grown to become the largest leisure, travel and tourism company in the world.
Today TUI operates a portfolio which includes industry-leading tour operators and online booking portals; five airlines with more than 150 aircraft; more than 400 hotels and 17 cruise lines; and a wide array of other tourism-related companies. Strategic acquisitions of large tour companies such as Thomson, Fritidsresor and Nouvelles Frontières, as well as hotel chains RIU and MagicLife, have allowed the company to fully integrate its operations. Through its subsidiaries, TUI encompasses the entirety of the tourism value chain and has served over 27 million customers.
TUI employs more than 70,000 employees and places a high value on operating sustainably in terms of the economy, the environment and social welfare. The coronavirus pandemic of 2020 has shocked the tourism industry and TUI has been forced to furlough many staff.
Past performance of TUI stock price
TUI stock trading began in 1959 when it was listed on the Frankfurt Stock Exchange. The company share structure is 41.5 per cent institutional investors; 24.9 per cent private investors; 24.9 per cent Unifirm Ltd (controlled by the Mordashov family); 5.1 per cent DH Deutsche Holding Ltd; and 3.6 per cent RIU Holdings. TUI stock trading trades an average volume of more than six million shares per day.
The TUI share price started 2020 at €11.51 (£10.39, $13.57). The 52-week high was achieved on November 29, 2019 at €12.70 and reached its 52-week low of €2.423 during trading on March 16, 2020, following the global stock market crash brought on by the pandemic. The share price is down more than 60 per cent on the year. While very few industries escaped the financial disruption caused by the coronavirus unscathed, the travel industry was effectively closed with almost the entire world banning travel for non-essential purposes.
How to invest in TUI Stock?
TUI stock trading occurs jointly on the Frankfurt and London Stock Exchanges. TUI is a constituent of the FTSE 250 which is a capitalisation-weighted index representing the 101 to 350 largest companies on the London Stock Exchange. Traditionally, those looking to invest in TUI stock would purchase shares or an index which includes TUI. Traders are also able to purchase derivatives based on TUI stock such as contracts for difference (CFD) or options.
Traders using the Dzengi.com tokenised trading platform are able to profit from upward or downward movements in the TUI share price without having to invest in TUI stock directly. Token securities are crypto derivatives whose value is linked to the value of a particular asset, in this case the TUI price today. The token is registered using distributed ledger technology (DLT) the same way cryptocurrency is recorded. This technology allows for trading using crypto without the need to convert back and forth with fiat currency, saving on exchange fees. The utilisation of this technology allows trading to be efficient, inexpensive and secure.
When trading tokenised stocks, you can take a long or short position depending on whether you feel the price today is over or under-valued based on the price chart. If you think the price will decrease you can short the tokenised stock; if you think it will increase you can take a long position. Trading on Dzengi.com also allows for traders to benefit from the leverage offered on the platform, up to 1:100.
Tokenised TUI stock trading Guide
Trading tokenised TUI shares is no more difficult than regular stock. To begin trading you will follow need to follow a few simple steps:
- Register for an account with Dzengi.com.
- Deposit funds (with crypto or fiat) in the account.
- Determine the position size desired, accounting for leverage offered by Dzengi.com.
- Determine your trading position (long or short) based on expected share price movement and purchase tokenised TUI shares derivatives. Dzengi.com matches the long orders from its clients with the sell orders and then hedges the unmatched orders through Capital.com, LMAX Digital or exchanges such as Binance, Bitstamp, Kraken, NASDAQ, NYSE and Gain Capital.
- Close your position when applicable. You can set a take-profit or stop-loss indicator to ensure you are not required to constantly monitor the price. Funds will deposit back to your account after closing and you can withdraw or take a new position.
Why trade tokenised TUI shares with Dzengi.com
TUI stock trading at Dzengi.com exchange has a number of advantages. Tokens are underpinned by robust and immutable blockchain technology; opening a trade will give you a token that tracks and moves according to the underlying instrument's price.
- One-stop crypto trading platform
Trade tokenised TUI shares with Bitcoin or Ethereum; benefit from the stock's price movements without turning your crypto assets into fiat.
- Tight spreads
Trade tokenised shares with a tight market spread; benefit from maker rebates and competitive taker fees.
- Leverage
Experienced traders can trade the world's top stocks, such as TUI, with up to 1:100 leverage.
- Effective risk management
Manage your risks and secure your profits with stop-loss and take-profit orders; save your assets with negative balance protection.
- Instant order execution
We have a scalable and low latency order management system, which can execute 50 million trades per second.
- Safe regulation
Dzengi.com operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.
