Nuadha Trev

Frankfurt Stock Exchange Nuadha Trev

Publisher Marketing: Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Frankfurt Stock Exchange (German: FWB Frankfurter Wertpapierb rse) is a stock exchange located in Frankfurt, Germany. The Frankfurt Stock Exchange is one of the largest stock exchanges in the world. It is owned and operated by Deutsche B rse, which also owns the European futures exchange Eurex and the clearing company Clearstream. The Frankfurt Stock Exchange accounts for over 90 percent of the turnover in the German market and a very large share of the European market. In 2010, the Frankfurt Stock Exchange agreed to move to abolish floor trading in 2012, but has opted for a faster transition in the face of increasing competition in European markets. From May 2011, trading will take place exclusively via the Xetra system, with redundant floor brokers taking on the role of market-makers on the new platform. More than 14 international exchanges have adopted Xetra (including the Vienna Stock Exchange in 1999, the Irish Stock Exchange in 2000 and the Budapest Stock Exchange in 2003). Approximately 47% of the 300 market participants in Frankfurt come from abroad.