Düsseldorf Stock Exchange

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Stock Exchange Düsseldorf AG
legal form Corporation
founding 1853
Seat Dusseldorf , GermanyGermanyGermany 
management Thomas Dierkes, Hendrik Janssen, Thomas Ledermann
sales 14.5 billion euros (2017)
Branch Exchanges
Website www.boerse-duesseldorf.de

Düsseldorf Stock Exchange with steel sculpture by Erich Hauser

The Dusseldorf AG Stock Exchange is a stock exchange on the financial center of Dusseldorf .

history

On the stock exchange , painting by Ferdinand Brütt , 1888

In 1841 a grain market was set up in Düsseldorf , from which a central trading exchange developed in 1853. For this exchange, guidelines for goods and values ​​were drawn up in 1865. On January 18, 1875, the first Düsseldorf stock exchange meeting took place in the knight's hall of the Tonhalle . In 1884 the Düsseldorf Stock Exchange was placed under the supervision of the Royal Government of Düsseldorf . In the same year, the "State Recognized Stock Exchange in Düsseldorf" received stock exchange regulations. The office of government commissioner for the Düsseldorf Stock Exchange was held by the banker Christian Trinkaus (* 1843), son of the founder of Bankhaus Trinkaus , as the chairman of the stock exchange at the time. In 1890, the stock exchange meeting took place every first and third Thursday in the Hotel Heck on Blumenstrasse 16. If any Thursday fell on a public holiday, the meeting was held on the following Friday. In 1905 the Düsseldorf Stock Exchange entered into an alliance with the Essen Stock Exchange . Around 1906 the stock exchange was relocated to the Rheinhof hall on Breite Strasse at the corner of Benrather Strasse, as the number of daily visitors had increased to around 300 people.

Exchange trading was stopped during the First World War . In 1924 the Düsseldorf Stock Exchange moved to the Wilhelm-Marx-Haus . On July 13, 1931, the stock exchange closed for seven weeks due to the German banking crisis . On January 1, 1935, by decree of the Reich Economics Minister Hjalmar Schacht, the Essen and Cologne stock exchanges were combined with the Düsseldorf stock exchange to form the Rheinisch-Westfälische Börse . Düsseldorf became the seat of this institute. During the Second World War , the Rheinisch-Westfälische Börse was under the influence of war financing . A British air raid on June 12, 1943 destroyed the stock exchange rooms of the Wilhelm-Marx-Haus. This brought the stock exchange business to a standstill; on July 9, it was resumed at the Deutsche Bank Düsseldorf office. Shortly before the US armed forces marched in, the stock exchange closed on April 16, 1945. After the British military government had approved the resumption of trading, trading on the Rheinisch-Westfälische Börse was resumed on April 15, 1946 in the casino of the Commerzbank Düsseldorf. In the course of the currency reform in 1948 , new exchange regulations came into force on July 17, 1948. In mid-October 1948, a board of directors was elected, which was chaired by the banker Kurt Forberg (1900–1979). In February 1949, the Düsseldorf Stock Exchange moved to the Königsallee 2-4 building . There it resumed official trading in May 1949 and soon developed into the German stock exchange with the highest turnover. On April 17, 1951, the stock exchange business could be relocated to the rebuilt premises of the Wilhelm-Marx-Haus. In addition to Berlin, Hamburg and Munich, the Düsseldorf stock exchange opened its foreign exchange trading in 1953 . In 1973 the Düsseldorf stock exchange combined a market share of 35 percent of the securities business traded on the stock exchange. In August 2000, the stock exchange moved to the Immermannstrasse 14-16 building as an alternative location, while the Ernst-Schneider-Platz building was rebuilt and rebuilt. On January 1, 2001, the carrier company of the Düsseldorf Stock Exchange became the Rheinisch-Westfälische Börse zu Düsseldorf e. V. transferred to Börse Düsseldorf AG . In 2004, the Düsseldorf Stock Exchange returned to a new stock exchange building on Ernst-Schneider-Platz.

After the start of the operational cooperation between BÖAG Börsen AG and the Düsseldorf Stock Exchange with effect from January 1, 2017, all formal requirements for a merger were completed in the following months, including the signing of the notarized purchase agreement on March 24, 2017 On November 23, 2017, BÖAG Börsen AG announced that the Düsseldorf Stock Exchange is now the third stock exchange in its sponsorship alongside the stock exchanges in Hamburg and Hanover .

Key data

62 banks and savings banks as well as 11 financial service providers, a brokerage company and a market maker are active as market participants. Shares , bonds and investment funds , ETFs and ETCs can be traded on the Düsseldorf Stock Exchange every trading day.

The Düsseldorf Stock Exchange works together with the lead broker Renell on Xontro and with the market maker ICF Group on Quotrix. After the termination of the so-called “Xetra contract” in 2007 by Deutsche Börse Frankfurt, through which the Düsseldorf Stock Exchange was credited pro rata sales of the electronic trading platform, sales collapsed and continued to decline in the following years. No sales figures were announced in 2015 and 2016.

Sales according to federal sales statistics
year sales
2007 330 billion euros
2008 60 billion euros
2009 64 billion euros
2010 60 billion euros
2011 50 billion euros
2012 42 billion euros
2013 35 billion euros
2014 28 billion euros
2017 14.5 billion euros

Range of services

The Düsseldorf Stock Exchange has a nationwide range of products for private investors. A binding service program was defined with the broker under the label Quality Trading , which includes many advantages, especially for private investors. Compliance with Quality Trading is monitored by the in-house trading surveillance office.

The range of services for private investors, among other things, a spread-free trading in DAX values, commission-free share trading of DAX 30 stocks to 10,000 euros equivalent, a Xetra reference market guarantee and binding bid and offer prices with high volume in all products.

Trading is carried out via brokers ( lead brokers ) and supported by technical systems (automatic quotation, limit control systems). The exchange can be reached at any time via the Xontro exchange trading system. Floor trading takes place between 8 a.m. and 8 p.m.

The electronic trading system Quotrix is ​​available for private customers. All shares of the most important indices as well as other domestic and foreign stocks, as well as bonds, funds and ETFs are tradable. Quotrix is ​​a fully monitored stock exchange system that the Düsseldorf Stock Exchange has been operating since 2001. Significant advantages include the elimination of all exchange costs, i.e. brokerage and transaction fees, exchange trading hours from 8 a.m. to 10 p.m. and the reference market guarantee. The latter guarantees investors at least as good prices as the electronic system of the Frankfurt Stock Exchange during Xetra opening times.

Medium-sized market

At the end of 2010, the "Mittelstandsmarkt" started for medium-sized companies that could raise equity or debt capital through bonds issued there. In January 2015, the trading segment was restructured and renamed the primary market. The Düsseldorf Stock Exchange has reacted to negative developments in small and medium-sized bonds in the German financial market and instead created a segment with the primary market through which companies and experienced investors are to be brought together.

Primary market

The primary market is a listing segment on the open market of the Düsseldorf Stock Exchange, in which stocks, bonds and other products such as B. Note down profit participation certificates . Issuers in the primary market have committed themselves to comply with special publicity standards and to provide investors with all important information about the company on an ongoing basis.

Stock index NRW-MIX

From September 2007 to March 2015, the Düsseldorf Stock Exchange calculated the “ NRW-MIX ” it had developed . The index comprised the 50 largest stock corporations in North Rhine-Westphalia based on market capitalization that are not listed in the DAX. This composition should ensure that the index behaves independently. The NRW-MIX was intended as an indicator for the economic performance of the state's companies.

Visitor information center

The Düsseldorf Stock Exchange is open to visitors and offers free, expert presentations for school classes, trainees, investment clubs, associations and company outings, etc. The topics of stock exchanges in Germany, how an exchange works, working methods / systems of stockbrokers and details of product categories such as stocks, bonds, funds and ETFs are explained.

Regular offers also include seminars, trade fair appearances and the annual Düsseldorf Stock Exchange Day with a look behind the scenes.

Members of the Quality Trader Club (as of January 2016: around 9,700 members) receive free and non-binding access to real-time data from the stock exchange via the Internet. They also receive a newsletter with appointment information from the stock exchange and its partners such as the Bundesbank or the German Protection Association, free seminar invitations, discounted offers from partners (e.g. for magazines, chargeable events, etc.).

Web links

Individual evidence

  1. ↑ Management. Düsseldorf Stock Exchange, accessed on October 17, 2018 .
  2. ↑ a b Düsseldorf Stock Exchange - press releases. Retrieved July 10, 2018 .
  3. ^ In: Address book of the Lord Mayor's Office in Düsseldorf . 1890, p. [747] 30.
  4. ↑ History: The history of the Düsseldorf Stock Exchange from the end of the Middle Ages to the modern age , website in the boerse-duesseldorf.de portal , accessed on February 26, 2016
  5. ^ Düsseldorf Stock Exchange - press releases. Retrieved July 10, 2018 .
  6. ↑ Press releases 2017 | Börsen AG. Retrieved July 10, 2018 .
  7. ↑ Press releases 2017 | Börsen AG. Retrieved July 10, 2018 .
  8. ↑ Martin Kessler: Xetra contract terminated: Düsseldorf Stock Exchange in danger. In: RP ONLINE. Retrieved May 11, 2016 .
  9. ↑ Düsseldorf Stock Exchange, press release of December 20, 2007
  10. ^ Düsseldorf Stock Exchange, press release of December 30, 2008
  11. ^ Düsseldorf Stock Exchange, press release of December 30, 2009
  12. ↑ Düsseldorf Stock Exchange, press release of December 30, 2010
  13. ↑ Düsseldorf Stock Exchange, press release of December 30, 2011
  14. ↑ Düsseldorf Stock Exchange, press release of December 28, 2012
  15. ^ Düsseldorf Stock Exchange, press release of December 27, 2013
  16. ↑ Düsseldorf Stock Exchange, press release of December 30, 2014 , accessed on January 15, 2015
  17. ↑ Own presentation of the Quotrix trading platform , accessed on December 21, 2015
  18. ^ Düsseldorf Stock Exchange, press release of November 11, 2010
  19. ↑ a b Düsseldorf Stock Exchange, press release of January 22, 2015
  20. ↑ NRW-MIX single values ​​performance | Performance of the NRW-MIX title. Retrieved April 4, 2019 .
  21. ↑ Visitor groups / information center. Düsseldorf Stock Exchange, accessed on October 18, 2018 .

Coordinates: 51 ° 13 '28.4 "  N , 6 ° 47' 1.4"  E