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Company history

Company history

1980 to 1989

Alte Börse
Mikhail Gorbachev’s concept of “perestroika” plays a key role in the downfall of Communism in the USSR and the opening of Eastern Europe. Rapid progress in technology enables closer and faster communication over great distances. With the help of technological innovations, Deutsche Börse prepares for these global changes.

1986

The consortium of German stock exchanges (Arbeitsgemeinschaft der deutschen Wertpapierbörsen) is founded mid-year.

1987

  
SeptemberThe computer-based price information system KISS replaces the electromechanical price display boards which had been used in the trading hall since 1964.

1988

  
JulyDAX®, the benchmark index for German blue chips, is calculated and published for the first time at the beginning of the month.
OctoberThe Frankfurt Stock Exchange’s data centre BDZ merges with the Dusseldorf BDW to form Deutsche Wertpapierdaten-Zentrale GmbH (DWZ). DWZ is the main provider for system development in the area of data processing and for computer centre services.

1989

  
OctoberThe securities clearing and deposit banks and the central securities depositories of the regional stock exchanges in Berlin, Dusseldorf, Frankfurt/Main, Hamburg, Hanover, Munich and Stuttgart merge to form Deutscher Kassenverein AG.
 

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