Börse Stuttgart
Encyclopedia
Börse Stuttgart is a stock exchange
in Germany
. Since late 2007, Börse Stuttgart holds a 82.4 percent stake in EUWAX AG. In November 2008, Börse Stuttgart Holding GmbH acquired Nordic Growth Market NGM AB, the second largest stock exchange in Sweden. T.I.Q.S. GmbH & Co. KG, a joint venture of Börse Stuttgart AG and EUWAX AG developed the T.I.Q.S. (Trading, Information and Quote System), an OTC
trading platform. In 2010, the bourse started Bondm, a trading segment for SME bonds
.
In 2005, Börse Stuttgart, in cooperation with ZertifikateJournal-Unternehmensgruppe, launched S-BOX, a collection of differently themed indices.
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
in Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
. Since late 2007, Börse Stuttgart holds a 82.4 percent stake in EUWAX AG. In November 2008, Börse Stuttgart Holding GmbH acquired Nordic Growth Market NGM AB, the second largest stock exchange in Sweden. T.I.Q.S. GmbH & Co. KG, a joint venture of Börse Stuttgart AG and EUWAX AG developed the T.I.Q.S. (Trading, Information and Quote System), an OTC
Over-the-counter (finance)
Within the derivatives markets, many products are traded through exchanges. An exchange has the benefit of facilitating liquidity and also mitigates all credit risk concerning the default of a member of the exchange. Products traded on the exchange must be well standardised to transparent trading....
trading platform. In 2010, the bourse started Bondm, a trading segment for SME bonds
SME finance
SME finance is the funding of small and medium sized enterprises, and represents a major function of the general business finance market – in which capital for different types of firms are supplied, acquired, and costed or priced...
.
History
Börse Stuttgart came into existence on 4 February 1860, when a group of people from different industries decided to meet regularly. The first such meeting occurred on 12 March 1860. After changing location several times, the exchange is now located in Carl Eugen Bau.In 2005, Börse Stuttgart, in cooperation with ZertifikateJournal-Unternehmensgruppe, launched S-BOX, a collection of differently themed indices.