The stock Market

die börse

After Hitler assumed power in 1933 the Berlin Stock Market collapsed, leaving only a number of small, regional exchanges in Germany.  As recently as 1990, there were ten regional exchanges, the largest of which was Frankfurt.  The German government has been making efforts in recent years to transfer power away from these smaller exchanges and to the Frankfurt exchange.  

Despite recent improvements and increasing international importance, the Frankfurt exchange still lags behind the New York Stock Exchange, NASDAQ, the Tokyo Exchange, and the London Exchange.  In fact, a quarter of Germany's corporations, or Aktiongessellschaften, are still traded on the London Exchange. 

Some other recent changes in the Deutsche Börse include the introduction of a computer network-based exchange similar to the NASDAQ, known as the Neuer Markt.  The Neuer Markt is notable in the predominance of technology and small-cap stocks.

Stock Market Links

Just like many of the American stock exchange sites, the following links will provide you with real time quotes as well as information on trading, specific companies, and market history. 

• Börsenaufsicht  Germany's Exchange Supervisory Authority 

• Deutsche Börse  Germany's largest stock market.  It includes the Neuer Markt.

• Eurex  The world's leading derivatives marketplace.  Eurex bridges the gap between the Zürich and Frankfurt exchanges.

• Euronext  Europe's first fully integrated, cross-border market for equities, bonds, derivatives and commodities.  Euronext was created by the merger of the exchanges in Amsterdam, Brussels and Paris.

• FTSE  Europe's leading index calculation specialist.  The FTSE is owned by the London Exchange and the Financial Times and is useful for analyzing European stocks and bonds.

• Swiss Exchange  Switzerland's largest stock exchange

• Wiener Börse  The Vienna Stock Exchange