Filing The submission of admission materials (issuing prospectus) and follow-up mandatory reports (e.g., quarterly reports) to an exchange GO PUBLIC ON THE FRANKFURT STOCK EXCHANGE, CONTACT INFO@FSELISTINGS.COM
Fee schedule of the stock exchange Body of regulations governing fees and the reimbursement of outlays for stock exchange services The stock exchange charges fees for various services, such as the admission of participants or securities to exchange trading, or the listing of securities on the exchange. The fee schedule of the stock exchange is […]
Holding period Period of time during which capital gains from securities transactions are taxable (or subjected to the highest tax rate) The holding period in Germany is twelve months – i.e., capital gains resulting from the purchase or sale of securities held for less than a year are subject to income tax. In Germany, all […]
Going Public Process in which a company raises external equity capital by offering its shares to public investors Going Public is usually considered to be a synonym for initial public offering (IPO). In the original sense, Going Public refers to the change in a company’s legal form when it is converted from private ownership – […]
Global depositary receipt (GDR) Security representing a foreign share Global depository receipts (GDRs), which were developed on the basis of American depositary receipts (ADRs), securitize the ownership in shares. A GDR can relate to one or several shares, or a mere proportion of a share. GDRs are traded instead of the original shares on exchanges […]
German Stock Corporation Act In law in Germany pertaining to stock corporations (AG) and commercial partnerships limited by shares (KGaA). The German Stock Corporation Act (Aktiengesetz), enacted on 6 September 1965, regulates in particular the founding of a company, the legal relationships between the company and its partners or shareholders, capital, changes to the capital […]
General Standard Deutsche Börse listing segment for companies fulfilling the transparency requirements prescribed by German law Admission to General Standard does not require any action on the issuers’ part; it occurs automatically with the listing in either the Official or Regulated Market. LIST ON THE FRANKFURT STOCK EXCHANGE – CONTACT INFO@FSELISTINGS.COM TODAY!
Exchange trader Exchange traders are employees of firms admitted to exchange trading (see market participant). Exchange traders conclude transactions on the exchange in the name of and for the account of their employer, or on behalf of a third party. In order to be admitted to trading, exchange traders must demonstrate that they possess the […]
Entry Standard Capital market access provided by Deutsche Börse for small and medium-sized companies as an alternative to EU-regulated segments Entry Standard is a transparency standard within the Open Market (Regulated Unofficial Market) with additional requirements. Companies in Entry Standard must meet the following criteria and publish on their website: significant company news or circumstances […]
Electronic exchange A largely automatic, computer-based system for securities trading An electronic exchange is a trading platform in which order entry and forwarding, matching of buy and sell orders, and price determination are performed by a computer. In most cases, the system also includes functions for clearing and settlement procedures, market supervision, and the publication […]