The Deutsche Börse Group owns and operates all seven stock exchanges in Germany, the largest of which is the Frankfurt Stock Exchange. Since 1997, the Frankfurt Stock Exchange has used a completely electronic trading platform, called Xetra, which was developed by the Deutsche Börse Group, and has since been adopted by several other European exchanges.
The Deutsche Börse Group has approximately 600 companies listed, with a combined domestic market capitalization of over $1.7 billion. Since 2014, it has been a member of the U.N. Sustainable Stock Exchanges initiative. The Deutsche Börse Group oversees the German stock exchanges, and is regulated by the European Securities and Markets Authority, the Federal Financial Supervisory Authority, and the Trading Surveillance Office.
As with any stock exchange, the most obvious use of the Deutsche Börse Group is for forex and CFD traders to see the market prices for all financial instruments on the group’s stock exchanges. While banks and brokers each provide their own bid and ask prices for assets, exchanges allow traders to see the general range of what each price should be. By watching whether the exchanges operated by the Deutsche Börse Group are bullish or bearish, traders gain a strong tool for developing a trading strategy.
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