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Frankfurt Stock Exchange (Deutsche Boerse)

posted onAugust 26, 2019
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The roots of the Frankfurt Stock Exchange, known in German as FWB Frankfurter Wertpapierbörse, trace back to the 11th century when many medieval trade fairs were held in the city. 

By the 16th century, Frankfurt became such an important and prosperous centre for commercial and monetary transactions that Luther termed the city 'the silver and gold hole' of the German Empire. 

In 1585, merchants came together at the fair to establish exchange rates between very regional currencies for ease. Today, this event is regarded as the moment of the Frankfurt exchange's birth.

The first official exchange list, which presented the average prices for 12 denominations of currencies, appeared in 1625.

In 1666, the first Exchange Rules and Regulations („Ordnung in Wechsel- und Kauffmannsgeschäfften“) were enacted, which led to the establishment of an official stock exchange administration. 

The oldest quotations sheet from the Frankfurt exchange that still exists dates back to 1721 while the first common share – a participating certificate of the Austrian National Bank (Oesterreichische Nationalbank) –was traded in Frankfurt in 1820.  

Until 1850, the Exchange primarily developed into a centre for trading in secure government bonds and funds.

In the mid-nineteenth century, the Frankfurt Stock Exchange built its own building based on the plans of the architect Friedrich Peiper. The building which was located near the Paulskirche on the Paulsplatz opened its doors in 1843. 

In 1879 the Exchange moved into its new building at Börsenplatz. The New Stock Exchange is still one of the most important Frankfurt structures dating from the Wilhelmian era. 

The Exchange was severely impacted by World War I and it was only after World War II, in 1949 that it finally established as the leading stock exchange in Germany with consequently incoming national and international investments.

In 1969, the digital era arrived at the Frankfurt Stock Exchange, allowing traders to process transactions electronically, using the BÖGA system.

In 1988, DAX, the benchmark index for German blue chips was introduced. Historically, the DAX 30 reached an all time high of 13596.89 in January of 2018 and a record low of 936 in January of 1988.

In 1993, ownership of the Frankfurt Stock Exchange was transferred to the Deutsche Bӧrse AG, a marketplace organiser for the trading of German assets, as well as a provider of transaction services. Presently, Deutsche Börse AG employs around 6,000 people.

The group has a strong global presence in Luxembourg, Prague, London, Zug, New York Chicago, Hong Kong, Singapore, Beijing, Tokyo, Sydney and at other locations for serving customers all over the world.

By 1997, a new era of exchange trading begun when Xetra, the fully electronic trading system, was introduced. 

The shares of over 10,000 national and international companies are now listed on the Frankfurt Stock Exchange. In addition, more than 1,600 exchange-traded funds (ETFs), as well as exchange-traded commodities (ETCs) and exchange-traded notes (ETNs) are tradeable in Frankfurt, also 30,000 fixed-income securities like bonds, mortgage bonds and debentures, almost 3,000 investment funds and over 1.5 million structured products such as certificates and warrants. 

Frankfurt Stock Exchange CEO

Key people:
Dr. Theodor Weimer(CEO)
Dr. Weimer serves as Chairman of the Executive Board and Chief Executive Officer of Deutsche Boerse since January 1, 2018. He served at HypoVereinsbank / UniCredit Bank AG, Munich as Spokesman of the Management Board.


Phone:+49-(0) 69-2 11-0
Fax:+49-(0) 69-2 11-1 20 05 Web: www.deutsche-boerse.com   
Address: am Main60485, 60485 Frankfurt am Main, Germany

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