Deutsche Borse

Deutsche Borse AG or the Deutsche Borse Group, is a marketplace organizer for the trading of shares and other securities. It is also a transaction services provider. It gives companies and investors access to global capital markets. It is a joint stock company and was founded in 1993. The headquarters are in Frankfurt. As of December 2010, the over 765 companies listed had a combined market capitalization of EUR 1.4 trillion. On 1 October 2014, Deutsche Borse AG became the 14th announced member of the United Nations Sustainable Stock Exchanges initiative.[3]

Deutsche Borse AG
Public (Aktiengesellschaft)
Traded asFWBDB1
IndustryFinance
Founded1992[1]
HeadquartersFrankfurt am Main, Germany
Key people
Theodor Weimer (CEO and Chairman of the executive board), Joachim Faber (Chairman of the supervisory board)
ServicesEquity trading platforms, derivatives markets, clearing, market data
Revenue€2.936 billion (2019)[2]
€1129.5 million (2019)[2]
€1105.6 million (2019)[2]
Total equity€6110.6 million (end 2019)[2]
Number of employees
6775 (FTE, end 2019)[2]
Subsidiaries360T, Frankfurt Stock Exchange, Clearstream, Xetra, Eurex, STOXX
Websitewww.deutsche-boerse.com

Clearstream

Clearstream is a post-trade services provider owned by Deutsche Borse AG. It provides settlement and custody as well as other related services for securities across all asset classes. It is one of two European International central securities depositories (Euroclear being the other).

Clearstream operates securities settlement systems [4] based in both Luxembourg and Germany, which allow for the holding and transfer of securities.

Clearstream operates its International Central Securities Depository (ICSD) from Luxembourg. It is also a joint partner in the Luxembourgish Central Securities Depository (CSD), LuxCSD, together with the Central Bank of Luxembourg.[5] In Germany, Clearstream operates the German CSD, Clearstream Banking AG. Clearstream has links to over 50 domestic markets worldwide, and also issues and safekeeps Eurobonds.

In 2014, the value of assets under custody on behalf of customers averaged 12.2 trillion euros; furthermore, Clearstream processed 43.65 million ICSD and 82.68 million CSD settlement transactions.[6]

Clearstream has around 2,500 customers in 110 countries.[7] Clearstream accepts central banks and AML-regulated credit institutions (such as regulated banks) as customers. Clearstream does not accept natural persons as customers and no account is opened in the name of a natural person.[8] Clearstream has therefore been described as a "bank for banks" ("Plumbers and Visionaries, a history of settlement and custody in Europe", Peter Norman).

Eurex

Eurex Exchange is an international exchange which primarily offers trading in European based derivatives and it is the largest European futures and options market. The products traded on this exchange vary from German and Swiss debt instruments to European stocks and various stock indexes. All transactions executed on Eurex Exchange are cleared through Eurex Clearing, which functions as a central counterparty (CCP) for multi-asset class clearing of the above-mentioned exchange-traded product range[9] as well as over-the-counter traded products.[10]

According to the 2015 Futures Industry Association’s annual survey, Eurex Exchange is ranked as the world's third-largest derivatives exchange by contract volume.[11][12] The Exchange is headquartered in Eschborn, Germany, near Frankfurt am Main and it is operated by Eurex Frankfurt AG and Eurex Zurich AG, which are public companies wholly owned by the German stock exchange operator Deutsche Borse AG.[13]

Deutsche Borse Media

References

  1. "Deutsche Börse Group - Company history".
  2. 2.0 2.1 2.2 2.3 2.4 "Deutsche Börse Group - Annual report". Deutsche Börse. Retrieved 17 June 2020.
  3. "Deutsche Börse joins UN's Sustainable Stock Exchanges Initiative". FTSE. Deutsche Börse. Archived from the original on 4 October 2014. Retrieved 2 October 2014.
  4. "Securities settlement systems and central counterparties". European Central Bank. Retrieved 1 August 2018.
  5. "Company Governance". Archived from the original on 2015-05-18. Retrieved 2015-05-07.
  6. "Deutsche Börse Group - Latest press releases". deutsche-boerse.com. Archived from the original on 18 May 2015. Retrieved 1 August 2018.
  7. "Who we are". Archived from the original on 2017-03-03. Retrieved 2017-02-19.
  8. "Becoming a Clearstream customer". Archived from the original on 2015-03-23. Retrieved 2015-05-07.
  9. AG, Eurex Frankfurt. "Eurex Exchange - Products". www.eurexchange.com. Archived from the original on 2020-08-11. Retrieved 2020-10-30.
  10. Staff, Investopedia (21 July 2005). "EUREX".
  11. "2015-annual-survey-global-derivatives-volume - MarketVoice". www.marketvoicemag.org.
  12. "Leading derivatives exchanges by volume 2016 - Statistic". Statista.
  13. AG, Eurex Frankfurt. "Eurex Exchange - Corporate overview". www.eurexchange.com. Archived from the original on 2020-08-31. Retrieved 2020-10-30.