Market Segments by German Law

In Europe, there are two points of access to the capital market: access via markets regulated by the EU (EU-regulated markets) and access via markets regulated by the stock exchanges themselves (Regulated Unofficial Markets). At FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange), a listing on the Regulated Market leads to the General Standard or its Prime Standard segment. A listing in Open Market (Regulated Unofficial Market), on the other hand, can lead into the First Quotation Board or Entry Standard.

Companies have the choice between