Posted in Finance, Accounting and Economics Terms, Total Reads: 264
Definition: Stuttgart Stock Exchange
Germany's second-biggest securities market (after the Frankfurt Stock Exchange), the Stuttgart Stock Exchange (in German, Böerse Stuttgart) handles around 40% of all securities exchanges the nation. Built up in 1860, the Exchange exchanges values, securities, speculation trusts and investment declarations.
The Exchange shut from 1914-1919 because of World War I, and quickly amid the Great Depression and World War II. In 2004, it turned into the first German stock trade to utmost commissions. By 2008, all advantage classes were exchanged electronically. That same year, it exchanged around 400,000 securities and executed more than 1.5 million requests for every month.
Börse Stuttgart started to be on 4 February 1860, when a gathering of individuals from distinctive commercial ventures chose to meet consistently. The primary such meeting happened on 12 March 1860.After changing area a few times, the trade is currently situated in Carl Eugen Bau.
In 2005, Börse Stuttgart, in collaboration with ZertifikateJournal-Unternehmensgruppe, dispatched S-BOX, a gathering of contrastingly themed indices.
Since late 2007, Börse Stuttgart holds a 82.4 percent stake in EUWAX AG. In November 2008, Börse Stuttgart Holding GmbH procured Nordic Growth Market NGM AB, the second biggest stock trade in Sweden. T.I.Q.S. GmbH & Co. KG, a joint endeavor of Börse Stuttgart AG and EUWAX AG built up the T.I.Q.S. (Exchanging, Information and Quote System), an OTC exchanging platform. In 2010, the bourse began Bondm, an exchanging section for SME.