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Deutsche Boerse

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Jemma Grist

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Jemma Grist

Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.

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Edited By

James Barra

Edited By

James Barra

James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.

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Fact Checked By

William Berg

Fact Checked By

William Berg

William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.

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Updated

Jun 13, 2024

Deutsche Boerse brokers (written in German as Deutsche Börse) offer access to the joint-stock exchange group. Deutsche Börse has over 700 listed companies with a combined market capitalization of EUR 1.4 trillion. This page will cover what Deutsche Boerse markets are available to trade and how to get started. We have also compiled a list of the best brokers with access to the Deutsche Boerse below.

How To Compare Deutsche Boerse Brokers

One of the most important parts of investing on the Deutsche Boerse exchange is finding suitable brokers with all the tools, data and resources that you need. Below is a quick guide on what to look out for when comparing Deutsche Boerse brokers for trading the DAX, Xetra or Börse Frankfurt.

• Fees: If you are frequently opening positions on a Deutsche Boerse index, such as the DAX 40, wide spreads and commissions will quickly eat away at your profits. It is important to find Deutsche Boerse brokers with low/zero commission fees and the tightest buy/sell spreads to maximize profits. You should also be on the lookout for Deutsche Boerse brokers that offer a transparent pricing structure, cheap deposit/withdrawal fees and low minimum deposit requirements. IC Markets, for example, offers the DAX 40 index with an average spread of 1.3 points on their Standard account. Additionally, the brokerage does not charge any fees for deposits or withdrawals.
• Features: Finding Deutsche Boerse brokers that offer extensive tools and software will increase your chances of successful trades and give you the competitive edge to invest with confidence. The tools you find most useful will depend on your investment strategy. For example, high-frequency investors may want to look out for automated or algorithmic trading options while momentum traders might require trade volume trackers. Deutsche Boerse brokers that provide free access to a range of integrated indicators, custom charts and analysis tools without the need for external download should rank highly in your comparison. Pepperstone, for example, has partnered with various third-party providers including TradingView, AutoChartist and DupliTrade.
• Customer Service: Trading Deutsche Boerse markets such as the DAX 40 can be volatile. If you encounter an error, you will want a responsive customer service team to rectify things quickly and prevent large losses. Most Deutsche Boerse brokers provide various contact methods, including phone, email and live chat available 24/5 or 24/7.  IG, for example, provides round-the-clock customer support from 8 AM Saturday to 10 PM Friday. You can test the knowledge and responsiveness of the support team before committing to a live account.
• Reporting: Regardless of your strategy, brokers that support trading on Deutsche Boerse markets with accurate and live reporting of share prices will rank highly. Moreover, selecting brokers that provide deep market data, price lists, volume graphs and other useful information will help you keep a finger on the pulse and react to the latest market trends. You can also find this information on the Deutsche Boerse website and other sites like Yahoo Finance.
• Regulation: For better security, you will want to trade on the Deutsche Boerse with a regulated company. Look out for brokers with licensing from the German Federal Financial Supervisory Authority (BaFin) when trading on Deutsche Boerse markets. If you are using an international broker, check it is regulated by an alternative top-tier authority, such as the UK Financial Conduct Authority (FCA). Access to compensation schemes, negative balance protection and segregated client funds are just some of the key regulatory components to look out for.

History

Deutsche Börse AG, or the Deutsche Börse Group, was founded in 1993 and has its headquarters in Frankfurt. As well as their address in Eschborn, just outside Frankfurt’s city limits, the company also has locations in Spain, Luxembourg, Zurich and Prague, as well as offices in New York, Chicago, London, Paris, Beijing, Hong Kong, Singapore and Dubai under various names, including Deutsche Börse Systems Inc and Clearstream.

The company has over 3,000 employees and there are people with internships, jobs and careers with the Deutsche Boerse group all over the world. A Deutsche Boerse salary ranges from EUR 25,000 for an intern or trainee to over EUR 100,000 for senior roles.

Deutsche Börse AG operates the Frankfurt Stock Exchange (FWB Frankfurter Wertpapierbörse), which is the largest stock exchange in Germany and one of the largest trading centres for securities in the world. Eschborn is also home to Deutsche Boerse subsidiaries Eurex, Eurex Clearing, Clearstream Banking AG and Qontigo.

In 1999, Deutsche Börse launched Xetra, a fully electronic platform operated by the Frankfurt Stock Exchange. Deutsche Börse has since become a leader in technologies, with the 2013 migration of Xetra, Eurex and other exchanges to the Deutsche Börse T7 trading architecture. Moreover, Deutsche Börse recently became a majority shareholder of Quantitative Brokers, an independent analytics and algorithms company, further enhancing their technological services.

The Deutsche Boerse company has attempted a few mergers in the past, most notably the NYSE Euronext merger. In 2008 it was reported that Deutsche Börse was in talks to join with NYSE Euronext (the company formed from the merger of the New York Stock Exchange and Euronext). This would have created the largest stock exchange in the world. Although approved in the United States, the merger was blocked in 2012 by the European Commission on grounds it would create a de facto monopoly.

In 2014, Deutsche Börse joined the UN’s Sustainable Stock Exchanges Initiative, which aims to improve post trade transparency and commitment to environmental, social and corporate governance issues.

Deutsche Boerse’s former CEO, Carsten Kengeter, has been implicated in illegal cases of insider trading. Although charges were dropped, the company was landed with some hefty fines. He was replaced as CEO in 2018.

In April 2021, Deutsche Boerse said it would delist the American cryptocurrency broker, Coinbase, from Xetra and the Frankfurt Stock Exchange. As reported by Reuters, this is due to an exchange of incorrect data by the US broker, who says it was an “administrative error”.

The Deutsche Boerse Trading Group is also a huge sponsor of contemporary photography. The Art Collection Deutsche Börse Foundation comprises over 900 works. In 2005, the company became the sponsor of the annually awarded Deutsche Börse Photography Prize of the Photographers’ Gallery in London, which promotes the work of contemporary photographers.

Interestingly, shares and bonds for Deutsche Boerse Group are also listed on the Frankfurt stock exchange. You can trade them as with any other equities and you can visit the Deutsche Börse investors relations website for more information on annual figures and financial reports.

By 2021, the Frankfurt Stock Exchange, operated by the Deutsche Boerse firm, was one of the few exchanges that still had a trading floor. On this floor, Xetra Frankfurt Specialists sit at traders’ desks and trade in person with exchange traders and independent brokers. However, trading floors are quickly losing relevance all over the world and over 90% of Deutsche Boerse trades happen electronically on Xetra.

What Is The DAX Index?

The Deutscher Aktien Index (DAX) will track the performance of the 40 largest and most liquid German companies that trade on the Frankfurt Exchange. The DAX 40 has replaced the DAX 30, which represented the 30 largest companies in Germany from July 1988 to September 2021.

The prices of the DAX Index are calculated through Xetra, which is the electronic venue for Deutsche Boerse trading. In July 2021, Deutsche Börse’s cash markets generated a turnover of €143 billion. €115.7 billion of this was traded through Xetra, which means on average €5.3 billion is traded there daily.

In October 2020, Qontigo licensed the DAX 50 ESG Index, which monitors the fifty largest and most liquid German stocks that have satisfactory performance based on environmental, social and governance criteria. Furthermore, these stocks have exclusionary screening for involvement with controversial weapons, tobacco production, thermal coal, nuclear power and military contracting.

The DAX indices provide several stocks that may be of interest to traders because of their volatility and high trading volume. These include Adidas, BMW, Volkswagen Group and Deutsche Bank.

In 2020, Deutsche Boerse removed payments company Wirecard (WDIG.DE) after an accounting scandal rendered the firm insolvent.

Deutsche Boerse Trading Hours

As with most exchanges, the trading days for Deutsche Börse Xetra and Börse Frankfurt are Monday to Friday. However, some national and religious holidays are non-trading days. In 2024, non-trading days at the Frankfurt Stock Exchange will typically include Christmas Eve (24.12) and New Year’s Eve (31.12). You can check the calendar on their official website or via associated Deutsche Börse brokers to see when upcoming holidays or market closures are scheduled.

Deutsche Börse Xetra, which has the ticker XETR, is open Monday to Friday from 09:00 to 17:30 Central European Time (CET). The Pre-Trading Session is from 07:30 to 08:50 CET and the Post-Trading Session is from 17:35 to 20:30 CET. Investing in post-trading hours can be risky, as there is less transparency and liquidity during this session.

Deutsche Boerse opening hours for Frankfurt are from 08:00 until 20:00 CET, though this can vary for particular products. For example, opening hours for structured products are 08:00 until 2200 CET and 08:00 to 17:30 CET for bonds.

Occasionally, Deutsche Börse may announce a trading halt due to a technical glitch or strong volatility from economic uncertainty. brokers with access to Deutsche Börse should notify you of this before the halt starts.

Trading Strategies

Deutsche Boerse markets, such as the DAX 40, are renowned for their volatility. Fast-moving markets are an attractive place for day traders and hold a lot of profit potential. Be sure to keep on top of fundamental market data, such as German and European elections and referendums, European Central Bank (ECB) meetings, plus employment, inflation rate and the stock reporting season. As we have seen, Deutsche Boerse is often in the news, so it is important to keep on top of current events to capitalize on trends.

Technical analysis is also key to a successful intraday strategy. The Deutsche Boerse website offers real-time analysis, courses and charts all relating specifically to the DAX 40 and other Deutsche Boerse indices and markets. Getting to grips with the fundamentals of the German market, combined with refined technical analysis skills, will help you on your way to successful Deutsche Boerse investments.

Top-ranked Deutsche Boerse brokers will integrate analysis tools within their platforms and provide live stream news updates relevant to the exchange.

Deutsche Boerse Regulatory Reporting

All investment firms and Deutsche Boerse brokers must report all their derivative trades to a repository for regulatory purposes. For each company, Deutsche Boerse has a regulatory reporting hub where companies can understand their trading and how to comply with all required regulatory standards.

Note, individual traders operating through investment firms and Deutsche Boerse brokers do not need to report their trades.

Final Word On Deutsche Boerse Brokers

Deutsche Boerse is a market organizer that operates the Frankfurt Stock Exchange, which is the largest stock exchange in Germany, as well as other stock exchanges like Eurex. These markets see large trading volumes and are prone to volatility, which makes Deutsche Boerse trading an attractive option for investors with adventurous risk appetites. Furthermore, the group has often made headlines with mergers and scandals, so fundamental market data will prove interesting to watch.

Use our full list of the best Deutsche Boerse brokers to get started,

FAQs

What Is Deutsche Boerse?

Deutsche Boerse AG, or the Deutsche Boerse Group, is a joint-stock company and market organizer for trading stock and other securities. Its headquarters are in Frankfurt and it has a combined market capitalization of EUR 1.4 trillion. Many leading Deutsche Börse brokers offer trading on its products, including the DAX 40.

What Securities Are Traded On Deutsche Boerse?

A host of well-known companies are listed on the Deutsche Boerse, including Adidas, BMW, Deutsche Bank, Merck, Allianz, Volkswagen Group and Siemens. The best Deutsche Börse brokers offer detailed insights and financial data relating to each listed member.

Is It A Good Idea To Trade The Deutsche Boerse Exchange?

Deutsche Boerse Group operates the Frankfurt Stock Exchange, which contains the DAX 40, the 40 largest and most liquid German companies. This market sees large trading volumes and experiences regular volatility, which provides profit potential for many strategies. Look out for brokers with access to Deutsche Boerse get started.

What Are The Deutsche Boerse Trading Hours?

Deutsche Boerse XETR is open Monday to Friday from 09:00 to 17:30 CET. The Pre-Trading Session is from 07:30 to 08:50 CET and the Post-Trading Session is from 17:35 to 20:30 CET. Börse Frankfurt is open from 08:00 until 20:00 CET. This will be reflected through all Deutsche Boerse brokers, though out-of-hour sessions may vary.

Which Brokers Are Best For Deutsche Boerse Trading?

Most reputable brokers will offer Deutsche Boerse trading on the DAX 40. Find Deutsche Boerse brokerages that are regulated by the BaFin and ESMA in Europe and sift through the competition to compare fees, features and customer support before creating an account and logging in.