 | |
| Company type | Public (Aktiengesellschaft) |
|---|---|
| FWB: DB1 | |
| Industry | Finance |
| Founded | 1992[1] |
| Headquarters | Frankfurt am Main,Germany |
Key people | Theodor Weimer(CEO and Chairman of the executive board), Joachim Faber(Chairman of thesupervisory board) |
| Services | Equity trading platforms,derivativesmarkets,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] |
| Subsidiaries | 360T,Frankfurt Stock Exchange,Clearstream,Xetra,Eurex,STOXX |
| Website | www.deutsche-boerse.com |
Deutsche Borse AG or theDeutsche Borse Group, is a marketplace organizer for the trading ofshares and othersecurities. It is also atransaction services provider. It gives companies andinvestors access to globalcapital markets. It is ajoint stock company and was founded in 1993. The headquarters are inFrankfurt. As of December 2010, the over 765 companies listed had a combinedmarket capitalization of EUR 1.4 trillion. On 1 October 2014, Deutsche Borse AG became the 14th announced member of theUnited Nations Sustainable Stock Exchanges initiative.[3]
Clearstream is a post-trade services provider owned by Deutsche Borse AG. It providessettlement and custody as well as other related services forsecurities across allasset classes. It is one of two European Internationalcentral securities depositories (Euroclear being the other).
Clearstream operates securities settlement systems[4] based in bothLuxembourg andGermany, 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 theCentral 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 safekeepsEurobonds.
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 acceptscentral banks andAML-regulated credit institutions (such as regulated banks) as customers. Clearstream does not acceptnatural 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 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 throughEurex 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-largestderivatives 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]