Explainers

DAX, the best known German stock exchange barometer, measures the performance of the 40 largest companies on the German stock market. It represents around 80 percent of the market capitalisation of listed stock corporations in Germany.

Most people recognise the image of the CEO of a company ceremonially ringing the stock exchange bell on the trading floor of the Frankfurt Stock Exchange. With the first pricing official trading starts for the company on the stock exchange. But how is this first listing price determined? And what role does the stock exchange play in the process?

Financial markets are going digital. The emergence of electronic securities and the digitisation of issuance processes are at the forefront of the financial industry’s digital transformation. Both require a new digital generation of financial infrastructure such as Deutsche Börse’s digital post-trade platform D7^®. 

The volatility interruption is one of the most important protective mechanisms in Xetra trading on the Frankfurt Stock Exchange. It ensures that exchange trading runs smoothly even in extreme market conditions. Learn more about how it works, what triggers it and what other protective mechanisms exist along the entire trading process chain.

Futures, options and the like. What exactly is behind these financial products and why are they traded? Everything you need to know about derivatives is now available in “Deutsche Börse up to date”.

Clearing houses such as Eurex Clearing reduce risk in securities trading. They guarantee that trades will be completed, regardless of whether the buyer cannot pay or the seller cannot deliver the securities. Clearly defined risk management is the key to this.

We live in a data age. But what exactly are market data, how are they created, why are they important and for whom? Discover more on their relevance for the financial market and the economy.

Providing efficient and reliable recording and safekeeping of cash and securities: central securities depositories (CSDs) make it possible. Read here how CSDs ensure seamless post-trading.

Many people lack economic literacy – especially when it comes to making decisions on old-age provision or financial investments. How can Deutsche Börse support them?

How to avoid poverty in old age through targeted asset accumulation.

What are shares, who determines their price and why do quoted prices rise and fall? And what have exchanges got to do with it?

Everything there is to know about exchanges: how did they come into being? What is their role and how did they get their name?