German Stock Exchange

A Brief Introduction to the German Stock Exchange

The entire German Stock Exchange consists of eight stock exchanges situated in different parts of the country. All of these Stock Exchanges are enormously potent and significant to the world economy.

Being the largest in Europe, the German economy is a close third behind those of the US & Japan. The World Trade Organization has declared Germany to be the largest exporter of goods in the world, including the exports to other Eurozone countries. Germany ranks among the wealthiest of nations. In terms of Purchasing Power Parity, Germany is ranked fifth. Therefore it is not surprising that the German Stock Exchange is one of the most influential Stock Exchanges of the world to determine world trade and commerce.

Compositions of the German Stock Exchange

• Frankfurt Stock Exchange (FWB Frankfurter Wertpapierbörse) based in Frankfurt and owned by Deutsche Börse is the largest German Stock Exchange . Having a share in turnover amounting to around 85 percent, it is one of the biggest “securities” (stocks, bonds, corporate participating certificates, etc.) trading centers of the world. The major trading index (indices) in Frankfurt is DAX or DAX 30 (Deutsche Aktien Xchange 30, earlier known as Deutscher Aktien-Index 30).
• Börse Stuttgart or the Stuttgart Stock Exchange is the second-largest German Stock Exchange with many financial powerhouse companies such as Allianz Life Insurance, LBBW Bank or Wustenrot enlisted upon it.
• Börse Berlin-Bremen with its headquarters in Berlin-Charlottenburg, was officially formed in 2003. It came into being when the Berliner Börse AG (or Berlin Stock Exchange) merged with Börse Bremen.
• The BÖAG Börsen AG, looking over trade and commerce in both Hamburg & Hanover, was officially founded when the Hamburg and Hanover Stock Exchanges merged on September 1, 1999.
• Hamburger Börse (Hamburg Stock Exchange) in Hamburg is the oldest German Stock Exchange , established in 1558. Basically it has two broad divisions , to make business more organized. One part of it consists of:
• The Allgemeine Börse or the general exchange which is generally utilized by property companies and estate agents, from which all other individual exchanges emerged like the .
• the Stock Exchange
• the Insurance Exchange
• the Grain Exchange
• the Coffee Exchange

While the other part of this German Stock Exchange consists of

• The Hamburg Chamber of Commerce Internet-based information exchanges or in short the Information Exchanges.
• Börse München in Munich may have been officially formed in 1869, but it dates back to the 1830s. This German Stock Exchange merged with the Augsburg Stock Exchange in 1935 and was then known as the Bayerische Börse. But in 2003, following the convention of naming Stock Exchanges after the cities in which they are based, this German Stock Exchange once again came to be known as the Börse München.
• Börse Düsseldorf, the Stock Exchange of Düsseldorf.
• Eurex – based in Frankfurt (owned by Deutsche Börse and SWX – Swiss Stock Exchange) is an European Electronic Exchange that comes a close second after the Chicago Mercantile exchange, as a derivative exchange in terms of volume.

The index of the German Stock Exchange – DAX, rose by a significant 21 percent in this current fiscal year. By far much ahead of all other developed markets in every corner of the earth.