Deutsche Börse AG
Pictures of the Frankfurt Stock Exchange trading floor are seen the world over and the DAX® is internationally well known as Germany’s blue-chip index. But the roots of the exchange are older than trading hall and DAX. Frankfurt has held trade fairs since the twelfth century and in an assembly in September 1585 Frankfurt’s merchants established uniform exchange rates for the first time, marking the birth of the Frankfurt exchange. Their motivation was the same as today: to create transparency. An unmanageable variety of different coins combined with non-uniform exchange rates threatened to paralyze the financial system, fostering large-scale fraud and usury. In 1605 a new name for the merchants’ assembly appears for the first time in the records: "Burs", meaning "exchange".
More than 425 years later the Frankfurt Stock Exchange, which is operated by Deutsche Börse AG, is Germany’s largest and most important exchange. Its Xetra ® trading system with its two market models –fully electronic Xetra trading and supervision by Xetra specialists on the trading floor – offers small and institutional investors fast and cost-efficient trading, and not just for shares but also for bonds, funds, certificates etc. Around 1.000 companies use the Frankfurt Stock Exchange as an important part of their financing using it as their channel to issue shares and bonds to investors. Deutsche Börse AG has long ceased to be just a German Stock Exchange – as one of the largest exchange organisations worldwide it affords companies and investors access to the world's capital markets.
Deutsche Börse Group…
- operates the Frankfurt Stock Exchange (boerse-frankfurt.com: information on exchange trading in Frankfurt, prices, news and know-how for investors and xetra.com: information for companies and traders).
- has operated Tradegate Exchange, a further trading platform for private investors, since the beginning of 2010.
- operates the European exchange for structured products in conjunction with the Swiss SIX Group
- organises one of the world’s largest derivatives markets via Eurex® and the International Securities Exchange.
- has one of the world’s leading clearing houses with Eurex Clearing.
- distributes information generated by its trading platforms and makes trading activity transparent by offering its own indices such as DAX and STOXX® as well as other capital market data.
- offers a wide range of post-trading services such as settlement, custody and banking services through Clearstream.
- provides information technology to its own markets and to customers worldwide.
Deutsche Börse AG itself has been listed since 5 February 2001 – the first of the large exchange organisations to do so. Membership in DAX from December 2002 onwards and EURO STOXX 50® as of October 2007 has further strengthened the company’s competitive edge. About 3,300 employees service customers in Europe, North America and Asia.
Deutsche Börse AG
|Telefon:||+49 (0)69 2110|
|Telefax:||+49 (0)69 21112005|
|E-Mail:||info [At] deutsche-boerse [Punkt] com
Frankfurter Wertpapierbörse (FWB)
|Telefon:||+49 (0)69 21118310|
|Telefax:||+49 (0)69 21111501|
|E-Mail:||redaktion [At] deutsche-boerse [Punkt] com