FWB (Frankfurt Stock Exchange) – one of the main in the world
FWB is on the list of the most important European exchanges. Shares of more than 70 companies are listed currently on this site. Bidding starts at 11-00 and ends at 10-00 pm Moscow time. Marketplace operator – Deutsche Boerse Group AG (since 1993). The total number of organizations listed in the entire history of the company is 867.
The most important stock index of the Federal Republic of Germany is DAX. It is calculated as the average among the capitalization of shares of German organizations. DAX is calculated on the basis of securities that are in the free listing. When calculating the index, income on shares that are received as dividends is taken into account. But it is understood that the funds received are again invested in stocks. Consequently, the most important stock indicator represents total capital income.
Upon completion of the auction is determined Late DAX (L-DAX). This indicator reflects the development of DAX, when the exchange is already closed.
Н3: Frankfurt Stock Exchange. A bit of history
Back in 1585, traders from Frankfurt adopted a single exchange rate. The city at that time was already one of the main centers of commerce in Europe.
The Frankfurt Stock Exchange has been leading in Germany since 1949. And in 1980, the world’s largest stock exchange organization Deutsche Borse merged a number of German sites (in the KEY FWB) into a single system.
The DAX index appeared in 1988. At that time, it covered more than 30 joint-stock companies that were traded on the main platform of Frankfurt am Main.
Trading on the Frankfurt Stock Exchange
The structure of Deutsche Borse is the electronic platform Xetra, as well as the main clearing system of Europe Clearstream, which serves sellers and buyers of securities from more than 100 countries. Media holding Market News International delivers stock information and popularizes the financial structure of Deutsche Borse (FWB and all others). Derivatives trading is carried out by the Eurex Group.
The capitalization of the operator Deutsche Borse – more than 8 billion euros. If we talk about market capitalization, it exceeds $ 2 trillion according to 2017 data.
It is noted that at the close of trading on the Frankfurt Stock Exchange DAX shows a steady growth of 2% in January 2019. Leading shares of such Companies as Wirecard AG, Continental AG, BASF SE. The securities of these organizations rose by an average of 4%.
Little is known about the listing on the Frankfurt Trading Exchange of Russian companies.
History remembers the fact that it was on this site that the Oradell Equites Foundation, owned by the founders of the IBS Foundation, conducted its IPO in 2007. In 2014, IBS and its subsidiaries left the leading German site.
Shares of Deutsche Börse AG in the beginning of 2019 cost 114 euros.
