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Tradegate Exchange with new records in 2010


Germany’s newest exchange continues to grow/ 33 percent more equity transactions than in 2009

Tradegate Exchange hit new record figures in 2010. A total of more than 3.2 million transactions in equities, funds, ETFs and bonds were concluded last year. This corresponds to 33 percent growth year-on-year (2009: 2.4 million trades).

The trading volume of equity transactions rose by 62 percent in 2010 from EUR 10.5 billion to almost EUR 17 billion. With 3.1 million equity transactions in 2010 (2009: 2.3 million), Tradegate Exchange reached a market share among German trading floors of 34 percent, a growth of 3 percent over 2009.

Tradegate Exchange has operated as a regulated stock exchange since January 2010. The newest German regional stock exchange sees the last year’s results as a clear sign of approval from private investors, “Most of our traders are well-informed private investors who choose Tradegate personally. In 2011 we expect more orders from clients who ask their bank to select the best trading venue,” said Jochen Thiel, managing director of Tradegate Exchange GmbH. Several banks and savings banks have integrated Tradegate Exchange into their Best Execution Policies, choosing it as the best execution venue for their private clients’ securities transactions.

About Tradegate Exchange
Tradegate Exchange is a stock exchange specialised in executing private investor orders. Currently, predominantly online banks from Germany, France and Austria are connected. Tradegate Exchange provides private investors with real-time price data free of charge and enables them to trade from 8 a.m. to 10 p.m. every trading day, thus also outside the trading hours of other European exchanges. Around 5,000 equities, 450 ETFs, 1,500 bonds and 1,500 investment funds can be traded at the latest prices. Orders are usually executed immediately and in full. Tradegate Exchange does not charge investors any transaction fees. Since the beginning of 2010, Tradegate Exchange has enjoyed regulated market status as defined in the MiFID. Tradegate Exchange was the first exchange in Germany to offer order types of particular interest to private investors, such as one-cancels-other and trailing stop, thus underpinning its leading position as retail exchange. Deutsche Börse AG has a 75-percent interest plus 1 share in Tradegate Exchange GmbH, the stock exchange operator of Tradegate Exchange.


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