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| Source: Deutsche Börse/Heiner Seidel – Hermann-Josef Lamberti, Member of the Management Board of Deutsche Bank AG (right), and Mike de Vries, coordinator of the "Germany – Land of Ideas" initiative (left), present the certificate, plaque and "Selected Place of Ideas 2006" in the Land of Ideas trophy to Matthias Ganz, Member of the Management Board of Deutsche Börse AG (2nd from l.) and Rainer Riess, Managing Director Stock Market Business Development, Deutsche Börse AG. |
2006/01/13
Deutsche Bank board member Lamberti honours Deutsche Börse
Frankfurt, 13 January 2006 – On Friday Deutsche Börse was selected a Place in the Land of Ideas for its role in innovating electronic securities trading.
The business community and federal government are using the Germany – Land of Ideas initiative of FC Deutschland GmbH in Berlin to promote Germany as part of the 2006 Football World Cup. One of the campaign’s core projects is the 365 Places in the Land of Ideas competition. A panel of judges selected 365 places from around 1,200 applications received from all over Germany. One place will illustrate Germans’ innovativeness and creativity each day of 2006. Neue Börse is the first of 29 places in the federal state of Hesse to be selected.
Visitors to the Neue Börse in Frankfurt could take advantage of the occasion to learn about everything from the historical origins of stock trading and floor trading to the fully electronic pan-European Xetra trading platform. Against the backdrop of Frankfurt’s changing cityscape, actors accompanied visitors to the different stations. The programme included talks on exchange business and history.
"Deutsche Börse implemented electronic securities trading earlier and more consistently than other European stock markets, thus initiating a paradigm shift," said Rainer Riess, Managing Director of Deutsche Börse. The introduction of the fully electronic Xetra trading platform revolutionised securities trading. According to Riess, “Xetra has enabled Deutsche Börse to reduce transaction costs for all investors and has created greater transparency for all traders.”
Since Xetra first went into operation on 28 November 1997, the number of participants has continued to rise. Today over 300,000 transactions per day are carried out on Xetra during peak times.
More information
Initiators
Germany – Land of Ideas is a joint campaign mounted by the German government in conjunction with the business community, represented by the Federation of German Industries (BDI). The aim of the initiative is to present Germany at home and abroad as an innovative, cosmopolitan and enthusiastic country. The German President Horst Köhler is the patron of the initiative. It is coordinated by FC Deutschland GmbH’s Chief Executive Mike de Vries. The Land of Ideas initiative is also supported by numerous German companies and associate partners from the spheres of science, culture and society. The initiative comprises four core projects in addition to the 365 Places in the Land of Ideas: a Walk of Ideas sculpture park, FanClub, international media service and welcome initiative.
Partner
The Deutsche Börse Group, a DAX® company, is a leading service provider in the global securities industry. It provides IT solutions and serves as an insourcing partner for the global securities industry and is a leading provider of market data and analyses.
The Group’s largest markets are the FWB Frankfurt Stock exchange and Eurex, the world’s leading futures exchange. Seven hundred banks and securities trading companies are linked to the markets by the Group’s international network.
Deutsche Börse has around 3,000 employees at its headquarters in Frankfurt and in Chicago, London, Luxembourg and Zurich.
Deutsche Bank is a European financial service provider with a global outlook. With total assets of €972 billion and 63,751 employees, the bank offers all-around service in 74 countries. The goal of Deutsche Bank is to provide outstanding service and question the conventional practices to offer customers superior solutions.
Deutsche Bank is one of the world’s leading providers in the fields of corporate banking and securities, transaction banking, asset management, and private wealth management and is one of the major banks for private and corporate customers in Germany and other select countries in continental Europe.
www.deutsche-bank.de
Visitors to the Neue Börse in Frankfurt could take advantage of the occasion to learn about everything from the historical origins of stock trading and floor trading to the fully electronic pan-European Xetra trading platform. Against the backdrop of Frankfurt’s changing cityscape, actors accompanied visitors to the different stations. The programme included talks on exchange business and history.
"Deutsche Börse implemented electronic securities trading earlier and more consistently than other European stock markets, thus initiating a paradigm shift," said Rainer Riess, Managing Director of Deutsche Börse. The introduction of the fully electronic Xetra trading platform revolutionised securities trading. According to Riess, “Xetra has enabled Deutsche Börse to reduce transaction costs for all investors and has created greater transparency for all traders.”
Since Xetra first went into operation on 28 November 1997, the number of participants has continued to rise. Today over 300,000 transactions per day are carried out on Xetra during peak times.
More information
Initiators
Germany – Land of Ideas is a joint campaign mounted by the German government in conjunction with the business community, represented by the Federation of German Industries (BDI). The aim of the initiative is to present Germany at home and abroad as an innovative, cosmopolitan and enthusiastic country. The German President Horst Köhler is the patron of the initiative. It is coordinated by FC Deutschland GmbH’s Chief Executive Mike de Vries. The Land of Ideas initiative is also supported by numerous German companies and associate partners from the spheres of science, culture and society. The initiative comprises four core projects in addition to the 365 Places in the Land of Ideas: a Walk of Ideas sculpture park, FanClub, international media service and welcome initiative.
Partner
The Deutsche Börse Group, a DAX® company, is a leading service provider in the global securities industry. It provides IT solutions and serves as an insourcing partner for the global securities industry and is a leading provider of market data and analyses.
The Group’s largest markets are the FWB Frankfurt Stock exchange and Eurex, the world’s leading futures exchange. Seven hundred banks and securities trading companies are linked to the markets by the Group’s international network.
Deutsche Börse has around 3,000 employees at its headquarters in Frankfurt and in Chicago, London, Luxembourg and Zurich.
Deutsche Bank is a European financial service provider with a global outlook. With total assets of €972 billion and 63,751 employees, the bank offers all-around service in 74 countries. The goal of Deutsche Bank is to provide outstanding service and question the conventional practices to offer customers superior solutions.
Deutsche Bank is one of the world’s leading providers in the fields of corporate banking and securities, transaction banking, asset management, and private wealth management and is one of the major banks for private and corporate customers in Germany and other select countries in continental Europe.
www.deutsche-bank.de
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