Boerse Stuttgart GmbH
The strengths of the exchange operating company Boerse Stuttgart GmbH are pooled with those of EUWAX AG.
Boerse Stuttgart GmbH coordinates the activities of both companies and makes key decisions relating to the operation of the exchange. This ensures that there is close cooperation between market and exchange experts. Investors benefit from having a comprehensive range of services from a single source.
Managing directors are Alexander Höptner (CEO), Stefan Bolle and Dragan Radanovic.
The financial services at the Stuttgart Exchange are provided by EUWAX AG in its capacity as a quality liquidity provider. EUWAX AG performs this role for German equities, securitised derivatives, active investment funds, exchange-traded products (ETPs) and debt instruments. EUWAX has been listed on the exchange since 2000. Boerse Stuttgart GmbH holds an 84 percent interest in EUWAX AG.
Boerse Stuttgart cats GmbH
Boerse Stuttgart cats GmbH operates cats as an off-exchange marketplace allowing clients of online retail brokers and asset managers to interact with product issuers and market makers; bi-lateral off-exchange trades of listed or unlisted products, in a STP environment.
Boerse Stuttgart cats GmbH is a wholly-owned subsidiary of Boerse Stuttgart GmbH.
Boerse Stuttgart Digital Ventures GmbH
Boerse Stuttgart Digital Ventures GmbH was established to develop innovative business models for exchange trading and over-the-counter (OTC) trading in fungible products. It can also invest in promising startups and enter into partnerships with selected partners to implement its digitisation strategy. Boerse Stuttgart Digital Ventures GmbH is a wholly-owned subsidiary of Boerse Stuttgart GmbH.
Boerse Stuttgart Securities GmbH
Boerse Stuttgart Securities GmbH was established to facilitate the buying, selling and holding of precious metals and their safe custody. It is also allowed to issue bonds which commit it to supply precious metals. The company works with established partners in the relevant sectors for this purpose.
Boerse Stuttgart Securities GmbH is a wholly-owned subsidiary of Boerse Stuttgart GmbH.
Nordic Growth Market NGM AB
The second-largest Swedish exchange, Nordic Growth Market NGM AB (NGM), is a subsidiary of Boerse Stuttgart GmbH. NGM enables the listing and trading of equities on the NGM Equity Market and trading in securitised derivatives on the Nordic Derivatives Exchange (NDX). NGM also operates Nordic MTF, a multilateral exchange for equities of young growth companies.
NGM plays a key role in the opening up of the northern European market by Boerse Stuttgart. Since October 2010, the derivatives segment of NGH has also been active in Finland, and in May 2011 it expanded into Norway. NGM focuses on transparency, retail investor education and the ongoing development of the trading platform and the market model.
NGM is a wholly-owned subsidiary of Boerse Stuttgart GmbH.
Boerse Stuttgart GmbH acquired a majority shareholding in BX Swiss AG in 2017. This stake means that the two exchanges of Stuttgart and Zurich have laid the foundations for a strategic partnership. BX Swiss operates an exchange tailored to the needs of Swiss investors and issuers. It is subject to the Swiss Financial Market Infrastructure Act and is monitored by the Swiss financial market watchdog FINMA.