Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Deutsche Börse
World exchanges

How the Frankfurt Exchange Deutsche Börse works

24.06.2020
2 min read

Deutsche Börse is an exchange with a long and interesting history. It was established in 1585 in Frankfurt and is now one of the largest in Europe.

Deutsche Börse: history of the foundation

The capitalization of the Frankfurt Stock Exchange is $1.9 trillion. The site assumes 90% of all transactions in the market.
Despite the official date of establishment, the stock exchange is considered to have appeared in 1150, when the first food fair was organized. After that, such events were held regularly and a huge number of merchants, hunters and craftsmen came to Frankfurt, between whom there was active trade. The difficulty was the currency, which was different in each region. In 1585, a common exchange rate was agreed on at the next fair. The very word Börse appeared only in 1605 and was used for all European exchanges. It has two versions of origin – on behalf of the merchant Bruges Van der Börse and the name of a bag or a sack.
The first documents with currency quotations refer to 1625, in 1666 the rules of activity for brokers are marked.
Since then, the Frankfurt Stock Exchange has developed rapidly and placed government bonds of the Emperor himself. But it all collapsed after World War I. In 1926, Germany, like the United States, experienced a financial crisis, and the shares of the companies represented on the exchange fell sharply and depreciated. This period is known as Black Friday. Before the Second World War Deutsche Börse managed to restore its positions, but after it the market had to be closed for six months.
A new stage of activity came in 1957, when trading operations began in U.S. and Canadian dollars, and in the currency of various European countries.

Deutsche Börse

Deutsche Börse is a unique platform. Back in 1969, a special computer system was used here, thanks to which quotations were exchanged via telex. NASDAQ will have such a program only in 2 years.
The Frankfurt Stock Exchange is a modern trading platform with more than 1000 companies. Here the mechanism of operations is different from other exchanges of the conglomerate. Three categories of issuers take part in trading:

  • banks;
  • licensed brokers;
  • traders.

The latter have the least number of rights. Banks are responsible for the initial purchase and sale price. They are responsible for the entire volume of transactions. The functions of exchange rate brokers include reception and execution of orders.
All transactions on Deutsche Börse are performed thanks to the Xetra system. It is connected to 20 stock exchanges in Europe.

Tags: World exchanges
0
Previous Post Skolkovo analysts: the Russian energy market is suffering losses Next Post Public investment in France: which areas receive the most attention

You Might Also Like

IPO in China
World exchanges
Tech giants prepare for IPO in China
16.07.2023
Tadawaul
World exchanges
Middle East’s largest stock exchange Tadawul prepares for IPO
16.12.2021
European stock markets
World exchanges
European stock markets continue to rise
12.07.2022
Hang Seng
World exchanges
Chinese technology corporations have entered the main index of Hang Seng Hong Kong Stock Exchange
30.01.2021
Japanese crypto exchanges
World exchanges
Japanese crypto exchanges will soon not be required to undergo verification before listing
21.08.2022
sugar prices
World exchanges
Sugar prices rise on the world market: reasons for the rush
24.07.2023

Recent Posts

  • 1Margarete Steiff teddy bear
    Margarete Steiff was the seamstress who gave the world Teddy Bear
    29.11.2023
  • 2Huawei
    History of the Chinese corporation Huawei and its achievements
    27.11.2023
  • 3order block
    Order block and its use for stock exchange trading
    25.11.2023
  • 4Bahrain and the UK
    Bahrain and the UK intensify cooperation
    23.11.2023
  • 5Genesis MedTech IPO
    Genesis MedTech plans to float its shares on the Hong Kong Stock Exchange
    21.11.2023

Popular Posts

  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Skolkovo analysts: the Russian energy market is suffering losses

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

Margarete Steiff teddy bear
Margarete Steiff was the seamstress who gave the world Teddy Bear
29.11.2023
Huawei
History of the Chinese corporation Huawei and its achievements
27.11.2023
order block
Order block and its use for stock exchange trading
25.11.2023

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Skolkovo analysts: the Russian energy market is suffering losses
  • What is unique about Apple Glasses: details about the novelty
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics