Börse Stuttgart

Börse Stuttgart
TypeStock exchange
LocationStuttgart, Germany
Founded1860[1]
OwnerBaden-Wuerttembergische Wertpapierboerse e.V.[2] and Boerse Stuttgart Holding GmbH[3]
Websiteboerse-stuttgart.de

Börse Stuttgart (SWB) is a stock exchange in Germany, the second largest in the country and the ninth largest in Europe.[4]

Structure of Börse Stuttgart Group[edit]

  • Börse Stuttgart Holding GmbH[5]
  • Baden-Wuerttembergische Wertpapierboerse GmbH[6]
  • Baden-Wuerttembergische Wertpapierboerse e.V.[7]

History[edit]

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.[8] After changing location several times, the exchange is now located in Carl Eugen Bau.[9]

In 2005, Börse Stuttgart, in cooperation with ZertifikateJournal-Unternehmensgruppe, launched S-BOX, a collection of differently themed indices.[10]

Since late 2007, Börse Stuttgart holds an 82.4 percent stake in EUWAX AG.[11] In November 2008, Börse Stuttgart Holding GmbH acquired Nordic Growth Market NGM AB, the second largest stock exchange in Sweden.[12] 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.[13][14] In 2010, the bourse started Bondm, a trading segment for SME bonds.[15] In 2017, the Stuttgart Stock Exchange took over the majority of the shares at BX Swiss AG. The takeover was completed in 2018. Since then, BX Swiss has been a 100%daughter of Stuttgart GmbH stock exchange.[16]

Boerse Stuttgart Digital Exchange (BSDEX)[edit]

Boerse Stuttgart Digital Exchange (BSDEX) is Germany's first regulated trading venue for cryptocurrencies. It was launched in December 2019 and the four cryptocurrencies Bitcoin, Ethereum, Litecoin and Ripple can now be traded there.[17] The multilateral trading system of the BSDEX meets the regulatory requirements according to Section 2 (12) KWG. EUWAX AG, which was commissioned to increase liquidity, is also a regulated financial service provider. The partner financial service provider is the Solarisbank.[18]

BISON app[edit]

In January 2019, Boerse Stuttgart released the smartphone app Bison (own spelling: BISON), the first crypto trading app backed by a traditional stock exchange. The app was developed by Sowa Labs. Users of the app buy and sell cryptocurrencies Bitcoin (BTC), Bitcoin Cash (BCH), Chainlink (LINK), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) or Uniswap (UNI) with Euwax, which acts as a broker. The cryptocurrencies are kept by blocknox GmbH. Euwax, Sowa Labs and blocknox are subsidiaries of Boerse Stuttgart. In spring 2021, around 400,000 users were registered with Bison, which triggered a trading volume of two billion euros up to that point.[19]

References[edit]

  1. ^ Boerse Stuttgart Profile, Boerse Stuttgart, archived from the original on 18 July 2011, retrieved 6 September 2010
  2. ^ Baden-Wuerttembergische Wertpapierboerse e.V. association, Boerse Stuttgart, archived from the original on 11 September 2011, retrieved 14 June 2011
  3. ^ Boerse Stuttgart Holding GmbH, Boerse Stuttgart, archived from the original on 11 September 2011, retrieved 14 June 2011
  4. ^ "Börse Stuttgart – Die führende Privatanlegerbörse". Medien Gruppe Kirk AG. Retrieved 30 January 2013.
  5. ^ "Boerse Stuttgart Holding GmbH". Boerse Stuttgart AG. Archived from the original on 11 September 2011. Retrieved 30 January 2013.
  6. ^ "Baden-Wuerttembergische Wertpapierboerse". Boerse Stuttgart AG. Archived from the original on 23 November 2012. Retrieved 30 January 2013.
  7. ^ "Baden-Wuerttembergische Wertpapierboerse e.V. association". Boerse Stuttgart AG. Archived from the original on 11 September 2011. Retrieved 30 January 2013.
  8. ^ Worlitzer, K. (1865). "Die Stuttgarter Industriebörse". Magazin für Kaufleute (in German). 14 (1). Stuttgart & Leipzig: Verlag von Wilhelm Rübling: 263–267.
  9. ^ "Stock Exchange". Stuttgart Marketing GmbH. Archived from the original on 29 September 2011. Retrieved 22 July 2011.
  10. ^ "Börse Stuttgart und ZertifikateJournal gründen gemeinsame Index-Familie S-BOX" [Börse Stuttgart and ZertifikateJournal establish joint index family S-BOX] (in German). NetSkill AG. Archived from the original on 13 September 2011. Retrieved 26 July 2011.
  11. ^ "Gruppe Börse Stuttgart: Übernahme der Aktien von EUWAX AG-Gründern Bruker und Schnabel durch Börsenvereinigung abgeschlossen" [Börse Stuttgart Group: Acquisition of the shares of EUWAX AG founders Bruker and Schnabel by stock exchange organization completed] (in German). DGAP. 2007-12-13. Archived from the original on 5 October 2011. Retrieved 15 June 2011.
  12. ^ "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 5 October 2011. Retrieved 23 June 2011.
  13. ^ Nesnov, H.; R. Nesnov (2003). Outsourcing der Wertpapierabwicklung. Eine Untersuchung aus der Sicht einer Direktbank (in German). Vol. 1. GRIN Verlag. p. 36. ISBN 978-3-638-72826-3.
  14. ^ von Böhlen, A.; Kan, J. (2008). MiFID-Kompendium: Praktischer Leitfaden für Finanzdienstleister (in German). Springer-Verlag. p. 269. doi:10.1007/978-3-540-78816-4. ISBN 978-3-540-78815-7.
  15. ^ Schaaf, S. (2011-07-14). "Rückschlag für Mittelstandsanleihen" [Setback for SME bonds] (in German). Börse Online. Archived from the original on 6 October 2011. Retrieved 15 July 2011.
  16. ^ moneycab (2017-12-07). "Börse Stuttgart erwirbt Mehrheitsbeteiligung an BX Swiss". Moneycab (in Swiss High German). Retrieved 2022-09-06.
  17. ^ "Kryptohandel by Börse Stuttgart. Transparent. Professionell. Fair". www.bsdex.de (in German). Retrieved 2022-06-14.
  18. ^ "Börse Stuttgart Digital Exchange | Support | Solarisbank". www.solarisbank.com (in German). Retrieved 2022-06-14.
  19. ^ Leopold, Dieter (2011-01-01). "Ein IGeL-Umsatz von inzwischen 1,5 Milliarden Euro im Jahr 2009". WZS Wege zur Sozialversicherung (2). doi:10.37307/j.2191-7345.2011.02.08. ISSN 2191-7345.

Further reading[edit]

External links[edit]

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