Börse Stuttgart

Börse Stuttgart
TypeStock exchange
LocationStuttgart, Germany
Founded1861[1]
Websitegroup.boerse-stuttgart.com

Börse Stuttgart is the sixth largest exchange group in Europe. It has strategic pillars in the capital markets business as well as in the digital and cryptocurrency business. Börse Stuttgart Group employs around 700 people at its locations in Stuttgart, Berlin, Frankfurt, Ljubljana,[2] Milan,[3] Stockholm, and Zürich and holds a total of 15 licences from regulatory authorities in Germany, Sweden and Switzerland.[4]

Börse Stuttgart

Capital markets business

In its capital markets business, Börse Stuttgart Group operates three stock exchanges in Germany, Sweden, and Switzerland: Börse Stuttgart, NGM, and BX Swiss. Börse Stuttgart is the leading stock exchange for structured securities and corporate bond trading in Germany. NGM and BX Swiss are the second-largest stock exchanges in Sweden and Switzerland.[3] On the three exchanges, more than two million securities are listed.[4] Additionally, the Group operates the regulated zero fee securities trading platform TradeRebel in Germany, and the European off-exchange trading network Cats.[5][6][7] The Group also includes Euwax AG, a broker that is internationally active as a liquidity provider in securities and cryptocurrency trading.[5]

Börse Stuttgart Digital

Börse Stuttgart Group has bundled its entire digital and cryptocurrency business under the Börse Stuttgart Digital brand. Serving as an infrastructure partner, Börse Stuttgart Digital offers institutional clients trading and brokerage services, as well as cryptocurrency custody services. For retail clients, it offers the Bison app.[8] Approximately 890,000 end-users utilized the cryptocurrency offerings of Börse Stuttgart Digital in 2023.[9] The digital and cryptocurrency business represents 20% of Börse Stuttgart Group's revenue.[10]

For institutional clients

Börse Stuttgart Digital is an infrastructure provider for banks, brokers, and other financial institutions in Europe. It provides institutional brokerage applications for bilateral OTC trading in digital assets.[10] Since March 2023, Börse Stuttgart Digital Custody holds the licence as a crypto custodian from the German Federal Financial Supervisory Authority (BaFin).[11] Börse Stuttgart Digital Exchange is a regulated trading venue for cryptocurrencies, launched as a multilateral trading facility in 2019.[12][13] In 2024, Börse Stuttgart Digital became the infrastructure partner of DZ Bank and the cooperative financial group for the brokerage and custody of cryptocurrencies.[10] The Swiss investment software provider Profidata integrated Börse Stuttgart Digital's solutions for brokerage and custody into its offering for institutional clients.[14]

BISON app

Bison is Börse Stuttgart's cryptocurrency trading app for European customers.[12][15] Users can buy and sell 27 cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Chainlink (LINK), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and Uniswap (UNI) through Euwax AG, which serves as the executing broker. The cryptocurrencies are held in custody on a fiduciary basis by Börse Stuttgart Digital Custody GmbH.[2][16]

History

The first predecessor of Börse Stuttgart was founded in 1860 as Industrie-Börsenverein (a local industrial stock exchange association). On 12 March 1860, the first meeting of merchants trading in textiles took place in the Königsbau.[17] On 11 February 1861, the Stuttgarter Börsenverein was founded, leading to the inauguration of a stock exchange, which served as the direct predecessor of the later Börse Stuttgart.[1][18]

In May 1877, Charles I of Württemberg, along with the Stuttgart city council, issued a decree authorizing stock exchange and brokerage regulations. Following this decree, the courts began recognizing the prices set by the stock exchange.[19]

Since 1866, Württemberg's daily newspapers had been printing a daily stock exchange price quote sheet, and in 1881, the first official quote sheet appeared. In the following years, the textile industry was replaced as the leading sector by mechanical and automotive engineering, chemicals and electrical engineering. In 1882, the stock exchange received its first telephone connection, which accelerated the processing of orders.[20]

The German stock exchanges did not operate during World War I and Börse Stuttgart remained closed until 1919. As a result of the global economic crisis and massive price losses, Börse Stuttgart closed again for several months in 1931.[19][20]

Due to air raids, Börse Stuttgart had to relocate in 1944. After World War II, business was resumed in November 1945 in the burnt-out building of the Württembergische Landeskreditanstalt. After the German currency reform of 1948 and the reorganisation of securities, official stock exchange trading was resumed.[20]

Börse Stuttgart relocated within Stuttgart again in 1969 and in 1974, the electronic processing of stock exchange transactions began.[20] The Euwax trading segment for securitised derivatives was established in 1999.[1]

In November 2008, Börse Stuttgart acquired Nordic Growth Market AB (NGM), the second-largest stock exchange in Sweden.[21] NGM's NDX segment for securitised derivatives is not only active in Sweden, but also in Finland since 2010, in Norway since 2011, and in Denmark since 2016.[22]

In 2014, Börse Stuttgart acquired 90% of the OTC trading network Cats from Citigroup.[6][23] In 2017, Börse Stuttgart acquired the majority of shares in BX Swiss AG, completing the takeover in 2018.[24] In January 2019, Börse Stuttgart launched the Bison app, at that time the only cryptocurrency trading app backed by a traditional stock exchange.[12][15]

The institutional digital business of Börse Stuttgart was established in 2022.[25] In 2023, Axel Springer SE and SBI Digital Asset Holding deepened their investment in the entire digital and crypto business of Börse Stuttgart, which has since been bundled under the Börse Stuttgart Digital brand.[26][27] In March 2023, Börse Stuttgart Digital Custody GmbH received the licence for its operations as a crypto custodian from the German Federal Financial Supervisory Authority (BaFin).[28][29]

In 2022, tokenised securities were traded on BX Swiss for the first time as part of a proof of concept. The trading transactions were processed via a blockchain.[30] Börse Stuttgart also entered the zero-fee segment of securities trading. This included a BX Swiss offering in Switzerland and the launch of the regulated trading platform TradeRebel in Germany.[31]

At the beginning of 2023, Börse Stuttgart launched the Easy Euwax segment, which enabled trading in structured securities without exchange fees.[32] In December 2023, Börse Stuttgart established a strategic partnership with the Swiss financial company Leonteq, which acquired a 10% stake in BX Swiss.[33][34]

References

  1. ^ a b c Strüder, Hans-Joachim (2011-02-26). "Von der kleinen Regionalbörse zur führenden Börse für Private". Börsen-Zeitung (in German). Retrieved 2024-03-27.
  2. ^ a b Spengler, Thomas (2021-06-05). "Börse Stuttgart weitet Kryptohandel aus". Börsen-Zeitung (in German). Retrieved 2024-03-26.
  3. ^ a b Schmale, Oliver (2024-05-10). "Stuttgart entwickelt sich von der Regionalbörse zum europäischen Anbieter". Frankfurter Allgemeine Zeitung (in German). Retrieved 2024-05-26.
  4. ^ a b "Boerse Stuttgart Group at a glance". Group Boerse Stuttgart (in German). Retrieved 2024-03-26.
  5. ^ a b "Börse Stuttgart plant entgeltfreien Handel". Börsen-Zeitung (in German). 2022-12-14. Retrieved 2024-03-26.
  6. ^ a b "Görgens leitet Plattform Cats". Börsen-Zeitung (in German). 2018-07-18. Retrieved 2024-03-36.
  7. ^ Schwarz, Dennis (2022-12-14). "Börse Stuttgart startet die Handelsplattform Traderebel – und will Broker und Banken für sich gewinnen". Handelsblatt (in German). Retrieved 2024-03-26.
  8. ^ "Krypto-Drama bringt Bison neue Kunden". Stuttgarter Zeitung (in German). 2022-11-19. Retrieved 2024-03-26.
  9. ^ Steves, Rick (2023-12-29). "Boerse Stuttgart Digital ends year with 890,000 retail customers in Europe". FinanceFeeds. Retrieved 2024-03-26.
  10. ^ a b c Fechtner, Detlef (2024-05-13). "The digital business represents 20 percent of our revenues today". Börsen-Zeitung (in German). Retrieved 2024-05-26.
  11. ^ Andersen, Derek (2023-03-30). "Boerse Stuttgart Digital subsidiary receives final approval for crypto custody". Cointelegraph. Retrieved 2024-05-10.
  12. ^ a b c "Stuttgart startet Digital-Handelsplatz". Börsen-Zeitung (in German). 2019-09-24. Retrieved 2024-03-26.
  13. ^ Rinecker, Veronika (2019-12-06). "Börse Stuttgart Digital Exchange Opens to All Users Based in Germany". Cointelegraph. Retrieved 2024-03-27.
  14. ^ "Boerse Stuttgart Digital Partners With Profidata To Grant Its Institutional Clients First-Time Ever Access To Trading And Custody Of Crypto Assets". Mondo Visione. 2024-03-05. Retrieved 2024-05-26.
  15. ^ a b Berman, Ana (2019-01-31). "Germany's 2nd Largest Stock Exchange Boerse Stuttgart Launches Crypto Trading App". Cointelegraph. Retrieved 2024-03-27.
  16. ^ Wollnitz, Oliver (2024-01-08). "Krypto-Handelsplatz Bison im Test". Wirtschaftswoche (in German). Retrieved 2024-03-27.
  17. ^ Worlitzer, Karl (1865). "Die Stuttgarter Industriebörse". Magazin für Kaufleute (in German). 14 (1). Stuttgart/Leipzig: Verlag von Wilhelm Rübling: 263–267.
  18. ^ "Mit Baumwolle hat alles angefangen". Stuttgarter Zeitung (in German). Retrieved 2024-03-27.
  19. ^ a b "Die Börse – ein Spiegel des Wirtschaftsgeschehens Chronik". Stuttgarter Zeitung (in German). 2011-02-26. Retrieved 2024-03-27.
  20. ^ a b c d "Mehr als kaufen und verkaufen. Die Stuttgarter Börse im Spiegel der Zeiten". Stuttgarter Zeitung (in German). 2011-02-28. Retrieved 2024-03-27.
  21. ^ "Boerse Stuttgart subsidiary expands to Norway — Derivatives segment of the Nordic Growth Market (NGM) introduces trading in securitised derivatives in Norway". Mondo Visione. 2011-05-13. Archived from the original on 2011-10-05. Retrieved 2011-06-23.
  22. ^ "Schwäbisch-skandinavische Erfolgsgeschichte". Eßlinger Zeitung (in German). 2016-09-12. Retrieved 2024-03-27.
  23. ^ Conde-Hermann, Pablo (2014-04-18). "Börse Stuttgart acquires Citi's Cats trading platform". SRP. Retrieved 2024-03-26.
  24. ^ "Börse Stuttgart erwirbt Mehrheitsbeteiligung an BX Swiss". Moneycab (in Swiss High German). 2017-12-07. Retrieved 2022-09-06.
  25. ^ Voelkel, Matthias (2022-09-17). "Digital Finance, Blockchain, Krypto – Eine Chance für Europa". Börsen-Zeitung (in German). Retrieved 2024-03-27.
  26. ^ "Mandate & Mandanten". Börsen-Zeitung (in German). 2023-01-28. Retrieved 2024-03-27.
  27. ^ "SBI, Axel Springer increase investment in Börse Stuttgart crypto unit". Ledger Insights. 2023-01-27. Retrieved 2024-03-27.
  28. ^ Gajo, Marianne (2023). "Börse Stuttgart erhält BaFin-Lizenz für Kryptoverwahrgeschäft". Die Aktiengesellschaft (in German). 68 (9).
  29. ^ "Boerse Stuttgart Digital Custody GmbH". Bundesanstalt für Finanzdienstleistungsaufsicht. Retrieved 2024-03-26.
  30. ^ "Swiss financial center tests tokenized investment products on public blockchain". Crypto Valley Journal. 2022-12-13. Retrieved 2024-03-27.
  31. ^ Steiner, Sarah (2022-12-15). "Börse Stuttgart startet neue Handelsplattform". Das Investment (in German). Retrieved 2024-03-27.
  32. ^ Spengler, Thomas (2022-12-20). "Börse Stuttgart weitet entgeltfreien Handel aus". Börsen-Zeitung (in German). Retrieved 2024-03-27.
  33. ^ "Boerse Stuttgart Group Shows Its Strength In Challenging Market Environment". Mondo Visione. 2023-12-29. Retrieved 2024-03-27.
  34. ^ "Leonteq Acquires 10% Stake in BX Swiss". FintechNews. 2023-12-19. Retrieved 2024-03-27.

48°46′48″N 9°10′32″E / 48.78000°N 9.17556°E / 48.78000; 9.17556

Read other articles:

جوك ماكنزي

يفتقر محتوى هذه المقالة إلى الاستشهاد بمصادر. فضلاً، ساهم في تطوير هذه المقالة من خلال إضافة مصادر موثوق بها. أي معلومات غير موثقة يمكن التشكيك بها وإزالتها. (ديسمبر 2018) هذه المقالة يتيمة إذ تصل إليها مقالات أخرى قليلة جدًا. فضلًا، ساعد بإضافة وصلة إليها في مقالات متعلقة بها...

 

The Imam's Army

The Imam's Army First editionAuthorAhmet ŞıkOriginal titleİmamın OrdusuCountryTurkeyLanguageTurkishPublication date2011 The Imam's Army (Turkish: İmamın Ordusu) is a book by Turkish journalist Ahmet Şık on the life and work of Fethullah Gülen and his Gülen movement. Şık was detained in March 2011, before the book was published, and the draft book was seized by the government and banned, claiming it was an illegal organizational document of the secret organization Ergenekon. ...

 

Paul McShane

Paul McShane McShane bermain untuk Hull CityInformasi pribadiNama lengkap Paul David McShane[1]Tanggal lahir 6 Januari 1986 (umur 38)[1]Tempat lahir Kilpedder, Republik IrlandiaTinggi 1,83 m (6 ft 0 in)Posisi bermain BekInformasi klubKlub saat ini Manchester UnitedNomor 62Karier junior St Joseph's Boys2002–2004 Manchester UnitedKarier senior*Tahun Tim Tampil (Gol)2004–2006 Manchester United 0 (0)2004–2005 → Walsall (pinjaman) 4 (1)2005–2006 → B...

SMK Negeri 2 Kota Bekasi

SMK Negeri 2 Kota BekasiSekolah Menengah Kejuruan Negeri 2 Kota BekasiInformasiDidirikan27 September 2004JenisNegeriAkreditasiANomor Statistik Sekolah321026503002Nomor Pokok Sekolah Nasional20231741Kepala SekolahB.Agus Wimbadi, M.Pd.Ketua Komite-Jurusan atau peminatanTeknologi, Industri, dan BisnisRentang kelasX - XIIKurikulumKurikulum 2013 RevisiAlamatLokasiJalan Lapangan Bola Rawa Butun, Kelurahan Ciketing Udik, Kecamatan Bantargebang, Kota Bekasi, Jawa Barat, IndonesiaTel./Faks.0...

 

Società Ginnastica Gallaratese 1938-1939

Questa voce sull'argomento stagioni delle società calcistiche italiane è solo un abbozzo. Contribuisci a migliorarla secondo le convenzioni di Wikipedia. Segui i suggerimenti del progetto di riferimento. Voce principale: Associazione Sportiva Dilettantistica Gallaratese. Società Ginnastica GallarateseStagione 1938-1939Sport calcio Squadra Gallaratese Allenatore Eugenio Grandi Commissario straord. Angelo Bianchi Serie C7º posto nel girone C. 1937-1938 1939-1940 Si invita a ...

 

GMAC Real Estate

GMAC Real EstateIndustryReal estateFounded1998; 26 years ago (1998)FateAcquired by Brookfield Asset ManagementSuccessorReal Living GMAC Real Estate was a real estate franchised broker. It had 13,000 agents.[1] In 2008, it was acquired by Brookfield Asset Management and in 2012, it merged into HomeServices of America. History GMAC Real Estate was founded in 1998, when GMAC (now Ally Financial) bought the Better Homes and Gardens Real Estate brand from Meredith Corpora...

Westminster Confession of Faith

Presbyterian creedal statement Title page of a 1647 printing of the confession Part of a series onReformed ChristianityReformation Wall in Geneva, featuring prominent Reformed theologians William Farel, John Calvin, Theodore Beza, and John Knox Background Christianity Reformation Protestantism Theology Theology of John Calvin Covenant theology Republication of the Covenant of Works Baptist Covenant Theology Logical order of God's decrees Baptism Lord's Supper Regulative principle Predestinati...

 

2021 PGA Championship

103rd PGA Championship Golf tournament2021 PGA ChampionshipTournament informationDatesMay 20–23, 2021LocationKiawah Island,South Carolina32°36′43″N 80°01′23″W / 32.612°N 80.023°W / 32.612; -80.023Course(s)Kiawah Island Golf ResortOcean CourseOrganized byPGA of AmericaTour(s) PGA Tour European Tour Japan Golf Tour StatisticsPar72Length7,876 yards (7,202 m)Field156 players, 81 after cutCut149 (+5)Prize fund$12,000,000€9,808,513Winner's share$2,160,00...

 

Ernest Rutherford

«Nella scienza esiste solo la Fisica; tutto il resto è collezione di francobolli.» (J. B. Birks, Rutherford at Manchester, 1962) Ernest Rutherford Premio Nobel per la chimica 1908 Ernest Rutherford, I Barone Rutherford di Nelson (Brightwater, 30 agosto 1871 – Cambridge, 19 ottobre 1937), è stato un fisico neozelandese naturalizzato britannico, considerato il padre della fisica nucleare. Fu il precursore della teoria orbitale dell'atomo, avendo scoperto lo scattering Rutherford nell...

Floridablanca, Pampanga

Peta menunjukkan lokasi Floridablanca Data sensus penduduk di Floridablanca Tahun Populasi Persentase 199576.683—200085.3942.34%2007103.3882.67% Untuk negara bagian di Amerika Serikat, lihat Florida. Floridablanca adalah munisipalitas yang terletak di provinsi Pampanga, Filipina. Pada tahun 2010, munisipalitas ini memiliki populasi sebesar 107.006 jiwa dan 22.677 rumah tangga. Pembagian wilayah Secara administratif Floridablanca terbagi menjadi 33 barangay, yaitu: Anon Apalit Basa Air Base ...

 

كانارياس لكرة السلة

كانارياس لكرة السلة معلومات النادي الدوري الدوري الإسباني لكرة السلة البلد إسبانيا  تأسس عام 1939  الصالة بابيلون إنسيولار سانتياغو مارتن الموقع سان كريستوبال دي لا لاغونا، جزر الكناري ألوان الفريق أصفر، أسود     الموقع الرسمي الموقع الرسمي البطولات أطقم الفريق &...

 

أوسيوغاتشي (نيويورك)

أوسيوغاتشي الإحداثيات 44°10′58″N 75°04′13″W / 44.182777777778°N 75.070277777778°W / 44.182777777778; -75.070277777778   [1] تقسيم إداري  البلد الولايات المتحدة[2]  التقسيم الأعلى مقاطعة سانت لورنس  خصائص جغرافية  المساحة 71.20 ميل مربع  ارتفاع 86 متر  عدد السكان  عدد السكا�...

Traité instituant la Communauté européenne de l'énergie atomique

Traité EuratomTraité de Rome Traité instituant la Communauté européenne de l'énergie atomique Type de traité Traité constitutif de l'Union européenne Signature 25 mars 1957 Lieu de signature Capitole (Rome, Italie) Signataires Konrad Adenauer, Paul-Henri Spaak, Maurice Faure, Christian Pineau, Lodovico Benvenuti, Joseph Bech, Johannes Linthorst-Homan Parties États membres des Communautés européennes Dépositaire Gouvernement italien Voir le traité sur Wikisource modifier Le Trai...

 

North Bridge, Edinburgh

Road bridge and street in Edinburgh linking the High Street with Princes Street North Bridge, above Waverley Station, from the East North Bridge is a road bridge and street in Edinburgh linking the High Street with Princes Street, and the Old Town with the New Town. The current bridge was built between 1894 and 1897. A previous North Bridge, built between 1763 and 1772, stood until 1896. First North Bridge The old North Bridge, from the west, with Calton Hill in the background, in 1829 The fi...

 

Herbstmühle

Cet article est une ébauche concernant une localité allemande. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les recommandations des projets correspondants. Herbstmühle Armoiries Administration Pays Allemagne Land Rhénanie-Palatinat Arrondissement(Landkreis) Eifel-Bitburg-Prüm Bourgmestre(Ortsbürgermeister) Bruno Schoos Code postal 54673 Code communal(Gemeindeschlüssel) 07 2 32 049 Indicatif téléphonique 06524 Immatriculation BIT Démographie Popul...

France at the 2018 Mediterranean Games

Sporting event delegationFrance at the2018 Mediterranean GamesIOC codeFRAMediterranean Games appearances (overview)1951195519591963196719711975197919831987199119931997200120052009201320182022 France competed at the 2018 Mediterranean Games in Tarragona, Spain from 22 June to 1 July 2018.[1] Medals This section needs expansion. You can help by adding to it. (August 2020) Medals by sport Sport Total Rank Karate 2 1 1 4 2 Swimming 2 2 2 6 6 Karate Main article: Karate at the 2018 Mediter...

 

1864–65 New South Wales colonial election

Colonial election for New South Wales, Australia in 1864–65 New South Wales colonial election, 1864–65 ← 1860 22 November 1864 – 10 January 1865 1869–70 → All 72 seats in the New South Wales Legislative Assembly37 Assembly seats were needed for a majority   First party Second party   Leader Charles Cowper James Martin Party Opposition Government Leader's seat East Sydney Tumut (elected to Lachlan and Monaro) Seats before 36[1] 29[...

 

QRコード

この項目では、デンソーウェーブが開発した二次元コードについて説明しています。他の二次元コードの種類については「二次元コード#主な二次元コード」をご覧ください。 ウィキペディアのページのQRコードを生成するには、特別:QrCodeをご利用ください。 この記事は英語版の対応するページを翻訳することにより充実させることができます。（2024年9月）翻訳前に�...

Aleksandra Ekster

Russian-French painter (1882–1949) Aleksandra EksterBornAleksandra Aleksandrovna Grigorovich(1882-01-18)18 January 1882[1]Białystok, Grodno Governorate, Russian EmpireDied17 March 1949(1949-03-17) (aged 67)Fontenay-aux-Roses, FranceKnown forPainting, graphic arts, stage design, costume designMovementFuturism, Cubism, Constructivism Aleksandra Aleksandrovna Ekster (née Grigorovich; ‹See Tfd›Russian: Алекса́ндра Алекса́ндровна Эксте́р; U...

 

Friedrich August Krubsacius

Friedrich August Krubsacius (Dresda, 21 marzo 1718 – Dresda, 28 novembre 1789) è stato un architetto tedesco. È stato uno dei più importanti insegnanti accademici e costruttori del tardo barocco di Dresda. Indice 1 Biografia 2 Grandi opere 3 Note 4 Bibliografia 5 Altri progetti 6 Collegamenti esterni Biografia Suo padre, Friedrich August Krubsacius il Vecchio (morto intorno al 1679; sepolto l'8 giugno 1735[1]), era stato Cancelliere dell'elettorato sassone. Krubsacius divenne arc...