German Stock ExchangeThe German Stock Exchange consists of eight stock exchanges located throughout Germany. The biggest component of the German Stock Exchange is the Frankfurt Stock Exchange or the FWB Frankfurter Wertpapierbörse, which is owned and operated by Deutsche Börse in Frankfurt. The second largest component of the German Stock Exchange is the Stuttgart Stock Exchange or the Börse Stuttgart. Other major components of the German Stock Exchange include the Börse Berlin-Bremen, the BÖAG Börsen AG, and the Hamburg Stock Exchange or the Hamburger Börse. Meanwhile, the BÖAG Börsen AG, which oversees trade in Hamburg and Hanover, was established in 1999 from the union of the Hamburg Stock Exchange and the Hanover Stock Exchange.

Source: Wall Street Journal March 23, 2019 19:30 UTC