Deutsche Börse AG operates Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange) and is the parent company of Deutsche Börse Group.
Deutsche Börse IT
Deutsche Börse IT provides the entire range of information technology for Deutsche Börse Group. The company develops and operates trading, settlement and information systems applied on the cash and derivatives markets as well as in settlement. The development of front-end systems directly for the market participants has recently been added to the portfolio of products and services. The top-performance systems operated by Deutsche Börse IT are the trading system Xetra® for the cash market and the Eurex® system for the derivatives market.
Efficient exchanges need efficient settlement organisations. Since trading only accounts for a part of value added, the remainder is generated by the far more complex settlement of the transactions. Every day Clearstream settles approximately 450,000 transactions involving more than 700,000 securities. With its international network of participants, Clearstream covers almost 50 markets. In its custody accounts Clearstream holds shares, bonds and funds to the value of more than €11.4 trillion.
Eurex offers a broad range of international benchmark products and operates the most liquid fixed income markets in the world, featuring open, democratic, and low-cost electronic access. With market participants connected from 700 locations worldwide, trading volume at Eurex exceeds 1.7 billion contracts a year by far. Therefore, Eurex is the marketplace of choice for the derivatives community worldwide.