When people hear of the German Stock Exchange, the first thing most people think about is the stock exchange located in Frankfurt. However, it is not just the Frankfurt Stock Exchange that has been doing all the trading of stocks and securities.
There are eight stock exchanges in Germany. These are scattered all over the country, each one enormously significant and potent to the world economy.
The German economy is the largest in Europe. In the whole world, Germany ranks third, just behind the United States and Japan. The stock exchanges in Germany is contributes much to the continues growth of the country's economy.
Germany is the largest exporter of goods in the world and ranks among the wealthiest of nations partly because of its efficient trading system. With Germany's outstanding financial background, the country's stock exchanges are very influential in the world of trade and commerce.
The eight stock exchanges in Germany are:
Frankfurt Stock Exchange - Also known as the FWB Frankfurter Wertpapierbörse, the Frankfurt Stock Exchange is the largest stock exchange ion Germany. It is owned by Deutsche Börse and has a share turnover equivalent to 85 percent, making it one of the biggest securities trading in the world.
Börse Stuttgart- It is also called the Stuttgart Stock Exchange. As the second largest stock exchange in Germany, it has several financial powerhouse companies listed upon it.
Börse Berlin-Bremen- officially formed in 2003, this stock exchange is located in Berlin-Charlottenburg. This stock exchange came into being through the merger of Börse Bremen and Berliner Börse AG or the Berlin Stock Exchange.
The BÖAG Börsen AG- The stock exchange is a result of a merger between the Hanover Stock Exchange and the hamburg Stock Exchange in 1999.
Hamburger Börse or the Humburger Stock Exchange is the oldest exchange in Germany. It was established in 1558 and continues to remain an essential force in world trade. Top make business more organized, the stock exchange has two divisions. One division is composed of the following:
- The Allgemeine Börse
- the Stock Exchange
- the Insurance Exchange
- the Grain Exchange
- the Coffee Exchange
The other division of this stock exchange consists of:
- The Hamburg Chamber of Commerce Internet
- Börse München in Munich
- Börse Düsseldorf, the Stock Exchange of Düsseldorf.
- Eurex
Today, the German stock exchange continues to grow, contributing much to the country's economy. In the long run, it might place first or second in the biggest stock exchange ranking.
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