The Frankfurt Stock Exchange - Burse de Valori

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The Frankfurt Stock Exchange (German: Frankfurter Wertpapierbörse, FWB) is the world's 10th largest stock exchange by market capitalization. Located in Frankfurt, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse (FWB: DB1), which also owns the European futures exchange Eurex and the clearing company Clearstream. It is located in the district of Innenstadt and within the central business district known as Bankenviertel. The Frankfurt Stock Exchange accounts for over 90 percent of the turnover in the German market and a very large share of the European market. In 2010, the Frankfurt Stock Exchange agreed to move to abolish floor trading and completed this transition in May 2011.[1] Today, trading takes place exclusively via the Xetra system, with redundant floor brokers taking on the role of market-makers on the new platform. More than 14 international exchanges have adopted Xetra (including the Vienna Stock Exchange in 1999, the Irish Stock Exchange in 2000 and the Budapest Stock Exchange in 2003). Approximately 47% of the 300 market participants in Frankfurt come from abroad. As of November, 2010, companies from more than 80 countries list on the Frankfurt Stock Exchange with 49% from North and South America, 31% from Europe (including Russia), 14% from Asia and 6% from Australia and Africa. ...