Deutsche Börse facts for kids
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Deutsche Börse trading floor in Frankfurt
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| Public (Aktiengesellschaft) | |
| Traded as | |
| Industry | Finance |
| Founded | 1992 |
| Headquarters | Frankfurt am Main, Germany |
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Key people
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| Services | Equity trading platforms, derivatives markets, clearing, market data |
| Revenue |  €4.34 billion (2022) |
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Operating income
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€2.17 billion (2022) |
| €1.49 billion (2022) |
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| Total assets | €269.1 billion (2022) |
| Total equity | €9.06 billion (2022) |
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Number of employees
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11,078 (FTE, end 2022) |
| Subsidiaries | 360T, Frankfurt Stock Exchange, Clearstream, Xetra, Eurex, STOXX, Qontigo |
Deutsche Börse AG is a big German company that helps people trade things like shares (small parts of a company) and other securities (financial papers). It also offers services to companies and investors (people who put money into something to make more money) so they can use global capital markets. These are places where companies can get money by selling shares or bonds.
Deutsche Börse is a joint stock company, meaning it's owned by people who buy its shares. It was started in 1992 and has its main office in Frankfurt, Germany. In 2014, Deutsche Börse AG joined the Sustainable Stock Exchanges Initiative by the United Nations. This initiative encourages stock exchanges to be more sustainable.
In 2023, the company teamed up with 13 other stock exchanges to create EuroCTP. This new group aims to make it easier to see all trading information in the European Union. This is part of a bigger plan called the Capital Markets Union.
Contents
What Deutsche Börse Does
Deutsche Börse has over 3,200 employees who help customers in Europe, the United States, and Asia. The company has offices in countries like Germany, Luxembourg, Switzerland, Czech Republic, and Spain. They also have smaller offices in big cities like London, New York, and Hong Kong.
The FWB Frankfurter Wertpapierbörse, also known as the Frankfurt Stock Exchange, is one of the world's largest places to trade securities. It handles about 90% of all trading in Germany, making it the biggest German stock exchange. Deutsche Börse AG is in charge of running the Frankfurt Stock Exchange.
Deutsche Börse also owns Clearstream, which is a clearing house based in Luxembourg. A clearing house makes sure that trades are completed correctly and safely.
Even during the COVID-19 pandemic, Deutsche Börse grew. In 2020, their total sales went up by 15%, and their net income (profit) increased by 9% compared to 2019. They also hired 463 more employees that year.
Joining Forces with Other Companies
Over the years, Deutsche Börse has tried to join with or buy other companies to grow bigger.
- Attempts with London Stock Exchange: In the early 2000s, Deutsche Börse tried to merge with the London Stock Exchange (LSE) several times. A merger is when two companies combine to form one. However, these deals never worked out, as the LSE rejected the offers.
- Attempts with Euronext and NYSE: Later, Deutsche Börse tried to merge with Euronext, another big European stock exchange. But the New York Stock Exchange (NYSE) ended up buying Euronext instead. In 2011, Deutsche Börse and NYSE Euronext tried to merge again. This would have created the world's largest stock exchange operator. However, the European Commission (the EU's main executive body) stopped the merger in 2012. They were worried that the new company would have too much control over trading in Europe.
- Another Attempt with London Stock Exchange Group: In 2016, Deutsche Börse announced another plan to merge with the London Stock Exchange Group. They planned to create a new company with offices in both London and Frankfurt. But this merger also failed in 2017 because European regulators were concerned about it creating a monopoly (when one company has almost complete control of a market).
- Other Acquisitions: Deutsche Börse has successfully bought several companies to expand its services.
- In 2015, they bought 360T, a company that helps with currency trading. They also bought all shares of STOXX AG, which creates stock market indexes.
- In 2019, they bought Axioma Inc. and combined it with STOXX and DAX to form Qontigo.
- In 2022, they bought Kneip, a company that manages fund data in Luxembourg.
- In 2023, they agreed to buy SimCorp, a Danish company that makes software for managing investments.
- Also in 2023, they bought FundsDLT, a company that uses new technology called Distributed Ledger Technology for financial services.
New Leadership
In October 2017, some shareholders asked for the chairman to step down. Then, in January 2018, Theodor Weimer became the new CEO (Chief Executive Officer) of Deutsche Börse AG.
Art Collection
Deutsche Börse Group loves modern photography. In 1999, they started the Art Collection Deutsche Börse. Today, this collection has over 900 large photos from about 90 artists around the world. Since 2005, Deutsche Börse has also sponsored the Deutsche Börse Photography Prize. This prize is given out every year by the Photographers' Gallery in London to celebrate great work by modern photographers.
Helping Charities
Deutsche Börse Group has taken part in and sponsored many charity events. One example is the Futures For Kids Annual Football Tournament in London. This event raised a lot of money for charity, with many financial companies joining in.
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See also
In Spanish: Deutsche Börse para niños
