Berliner Börse
From Wikipedia, the free encyclopedia
Börse Berlin AG (or Berlin Stock Exchange) is a stock exchange based in Berlin, Germany.
The Börse Berlin is currently housed in Ludwig-Erhard-Haus designed by Nicholas Grimshaw at Fasanenstraße 85 in Berlin-Charlottenburg.
Three hundred plus years of the Berlin Stock Exchange
September 2007: Through a capital increase, Börse Berlin took a majority stake in EASDAQ NV which operates under the trading name Equiduct. Börse Berlin's new market model, Equiduct Trading will provide, from mid-2008, a pan-European regulated market offering cross-border trading services and market data. Enabling investment firms to quickly and cost-effectively meet the requirement under MiFID to provide best execution and transparency to their clients.
March 2006: Start of Matchboxx. Matchboxx is a new trade facility of the Berlin-Bremen Stock Exchange, which improves the quality of execution particularly in index stocks. It is based on the Xontro trading system. Matchboxx carries out orders against the quote of the broker within split seconds. Matchboxx starts initially with index stocks from the DAX, Tec-DAX, MDAX, EURO STOXX 50, STOXX 50, Dow Jones, NASDAQ 100 and selected funds.
September 2004: The Berlin-Bremen Stock Exchange and the Shenzhen Stock Exchange sign a Memorandum of Understanding MOU. The exchanges agree upon an extensive exchange of information and staff interexchange.
May 2004: Offering open order books as well as personalized watchlists, both in push technology and providing realtime prices, investors find an extensive service at the Berlin-Bremen Stock Exchange. The real-time information is supplemented by daily market reports and a large selection of seminars.
2004: Trade monitoring is more than a duty at the Berlin Stock Exchange. Since 2004 the exchange employs its proprietary development KIM (Control and information system for trade supervision), a trade monitoring system, that considerably improves the efficiency of trade monitoring. Compared to SIMA, the basic monitoring system of all German exchanges, KIM allows real-time data analysis, continuous reporting, an automated error reporting and control of the brokers compliance to the rules. The ascertained data can easily be analysed and scanned.
May 2003: The Berlin-Bremen Stock Exchange sets the pattern for fund trading at a stock exchange. Since 20. May 145 funds of the most important and largest investment companies in Germany are traded at the Berlin-Bremen Stock Exchange. The offer contains equity funds, bond funds and money market funds and includes 10 of the most liquid funds of all. The number of funds tradable at the Berlin-Bremen Stock Exchange grows steadily and thus becomes even more attractive.
March 2003: merger of the Berlin Stock Exchange and the Bremen Stock Exchange. The new exchange operating company is named "Berlin-Bremen Stock Exchange".
April 2001: phase II enhances the new website into an attractive window presenting information on financial issues. Next to up-to-date economic- and company news comprehensive back-ground information is provided.
February 2001: phase I of the new internet presence is launched. At www.berlinerboerse.de the investor gains insight into the order books of more than 10,000 shares traded at the unofficial regulated market.
January 2001: fixing of the cash settlement price at the official and regulated market for variable listed securities does not exist anymore.
October 2000: the American exchange supervisory office SEC (Securities and Exchange Commission) awards the Berlin Stock Exchange with the status of a Designated Offshore Securities Market.
May 2000: in its regular general meeting the association Börse Berlin e. V. resolves up on converting the exchange operating company into a corporation (AG).
June 2000: extension of trading time in all market segments from 9.00 am - 8.00 pm. Launch of telephone support; at 08101 - 88 7777 we answer your questions regarding current or historical stock prices as well as questions about the stock exchange in general.
1999: the unofficial regulated market lists all NASDAQ securities.
1998: big bang at the Berlin Stock Exchange: abolition of compulsory attendance for unofficial regulated trading houses; abolition of minimum accounts in all areas of the market; extension of trading time in all market segments from 9.00 am - 5.00 pm (the unofficial regulated market already starts at 8.30 am).
October 1997: the Berlin Stock Exchange launches its internet presence. At the address www.berlinerboerse.de information on numerous stock exchange topics and time delayed information on stock prices of all Berlin traded stocks are offered.
October 1996: Extension of trading time of the unofficial regulated market. Trading now takes place form 9.00 am - 4.00 pm while the regulated market and the official market keep their trading times from 10.30 am - 4.00 pm.
April 1996: the Berlin Stock Exchange moves into the already completed part 1 of the Ludwig Erhard Haus with the according technical equipment and presents itself as the capital stock exchange.
1994 - 1998: construction of the new Ludwig Erhard building as communication and service centre for the Berlin economy
January 1983: introduction of uniform terms of trade at the German exchanges.
April 1975: amending law to the exchange law for the adjustment of the exchange law to amended legal regulations.
June 1955: consecration of the new exchange building at Fasanenstraße together with the new building of the Chambers of Trade and Commerce.
May 1951: reopening of official exchange trading in West Berlin. Adjustment of the German exchange system to the federalistic state constitution of the Federal Republic of Germany. Eight regional exchanges.
July 1950: exchange trading is taken up again in the form of a Regulated Market.
1948: monetary reform. Separation of Berlin into two currency zones (east and west). Integration of West Berlin into the West German currency and economy zone.
February 1941: exchange trading with continuous quotation is suspended.
1939: the metal exchange is closed at the beginning of the war.
October 1929: the collapse at the New York Stock Exchange leads to the world economy crisis.
May 1927: Black Friday. Economic and credit policy and high reparation payments lead to massive payment balance difficulties and falling prices at the exchanges
1925: Futures trading in stock and at the metal exchange is taken up again. Foundation of the liquidation society and the liquidation cashier for the simplified settlement of time bargains. Introduction of the collective depot for securities and of the extended securities giro transfer business.
1916 - 1918: Closure of all German exchanges.
1914: First World War breaks out. Annulment of the gold currency. Trade with foreign countries in goods and stock is interrupted.
1910: The Federal Council lays down regulations for the admission procedure and exchange admission prospectus which are still in effect today.
1902-03: Foundation of the central union of the German bank and bankers trade. Establishment of the Berlin Chambers of Trade and Commerce. The supervision of exchange trading and the administration of the exchange are shifted to the Chambers of Trade and Commerce, which also issues new exchange rules.
1895-96: Enacting of the exchange law. Reorganisation of the German exchange system in line with the organisation of the Berlin Stock Exchange. Introduction of the futures register as incisive change in futures trading. Issuing of regulations for official brokers at the Berlin Stock Exchange through the Minister of Trade.
1885: Issuing of revised exchange rules: strict rules for exchange trading, differentiation between official and not official exchange trading, special qualities needed for the admission of persons to exchange trading are being defined. Complete reorganization of the rules for admission of goods and stock to exchange trading through an exchange commission, the precursor of the admission agency.
1881: The telephone is introduced for exchange trading
1863: Move to the new exchange building at Burgstraße.
1805: Opening of a new exchange building in the Lustgarten and issuing of new exchange rules called "Börsenreglement Börsencorporation".
First official quotation of two railway shares (Berlin-Potsdamer and Magdeburg-Leipziger) and several bank and mining shares.
1772: 300 shares of the Königliche Seehandlung (Royal Merchant Marine) each worth 500 Taler are the first shares to be introduced and traded at the exchange.
January 1739: First exchange session for trade in goods and bills of exchange at the garden house of the Berlin Lustgarten (pleasure garden) attested by the electorate chamber.
29 July 1685: foundation of the Berlin Stock Exchange pursuant to an edict of the elector of Brandenburg, Friedrich Wilhelm.
