Börse Stuttgart

The Stuttgart Stock Exchange is a marketplace for equities, Exchange Traded Products, participation certificates and mutual funds. In the commercial segment, " euwax " derivative investment and leverage products are traded ( such as certificates ).

With an average share of the order book turnover of around 35 % in German trading floor, Boerse Stuttgart is Germany's second largest commercial center. After FESE statistics of the Stuttgart trade takes place in a European comparison, a tenth. In 2012, the trading volume of the Stuttgart Stock Exchange was by its own account in all asset classes 89.215 billion euros. Market and Exchange Commission on the Stuttgart Stock Exchange is perceived by the Finance and Economic Affairs Baden -Württemberg, acting under the independent Market Surveillance and the Federal Financial Supervisory Authority ( BaFin).

Trading on the Stuttgart Stock Exchange

On the Stuttgart stock exchange there are the following retail segments:

• Euwax is a platform for securitized derivatives such as warrants, certificates lever, exotic products, investment certificates and reverse convertibles.
• 4x is a special trading segment for foreign shares.
• Bondx is a special trading segment for bonds.
• Ifx is the segment for shares of actively managed funds, which are continuously traded like stocks during the market hours.
• ETF Bestx: In the ETF segment Bestx Exchange Traded Funds ( ETFs) are traded. In addition to the stock market trading experts further official market makers are involved in the trade.
• Bondm: In May 2010, the Stuttgart Stock Exchange launched a segment of the fixed income trading. It is now also possible medium-sized companies to issue corporate bonds. You can borrow funds in the form of bonds by so-called own issues with a volume of 15 to 150 million euros. Here, the bond is issued by the company itself and then traded on the Stuttgart Stock Exchange.

Organization on the Stuttgart stock exchange

The roof of the Stuttgart Stock Exchange group is the association of Baden- Württemberg Stock Exchange Association ( Association ). The statutory objective of the Association is the development of stock markets - and financial center of Stuttgart. For the operation of the trading platform, the Association operates subsidiaries. The Baden- Württemberg Stock Exchange acts as a partial legal entity under public law solely on the basis of the German Stock Exchange Act and forms the actual stock market. In order to conclude legal transactions and to fulfill the tasks and a practical perspective, it requires a human and technical infrastructure. This is provided by the exchange carrier that is empowered and required by the state of Baden -Württemberg for the operation of the stock exchange of the country. Exchange carrier is the Baden- Württemberg Stock Exchange GmbH. It is a wholly owned subsidiary of the Association who thus exercise the Exchange sponsorship indirectly.

For the technical implementation of the exchange operation of the stock exchange carrier has exercised the option of outsourcing to a third party use ( outsourcing). Commissioned is the wholly owned subsidiary club Boerse Stuttgart Holding GmbH, which employs two specific operating subsidiaries and controls. In particular, the Boerse Stuttgart AG operates the information technology and developed it further. Adjacent is the euwax AG, which is used to optimize the order execution and in its capacity as Quality Liquidity Provider (Market Maker ) provides the financial service on the Stuttgart stock exchange.

History

The history of the stock exchange Stuttgart begins in 1860 with the local " industrial Booksellers Association ". In Königsbau to merchants found one to make on a commodity market trades in the textile sector. On February 11, 1861 the foundation of the " Stuttgart Stock Exchange Association " and thus the opening of a stock exchange, the actual predecessor of the current Stuttgart Stock Exchange took place.

After the Second World War, the official exchange traffic was resumed in Stuttgart on 1 March 1950. On 1 December 1974, the settlement of exchange transactions with electronic data processing began. In 1999, the Commercial segment euwax was founded for securitized derivatives.