Founded over 400 years ago, the Frankfurt Stock Exchange is the world's third largest trading exchange, ranking only behind the New York Stock Exchange (NYSE) and NASDAQ. Located in Frankfurt, Germany, the Frankfurt Stock Exchange is home to public companies from more than 80 different countries with companies from North American making up almost 40% of the total companies listed, including more than 3,200 from the United States alone. More and more companies from North America, Asia, Australia, and of course, the UK are choosing the Frankfurt Stock Exchange over their home country's stock exchange.

The Frankfurt Stock Exchange accounts for over 90% of the turnover of all German stock exchanges and a very large share of the European market. More than 14 international exchanges have adopted Xetra. Almost half of the 300 market participants in Frankfurt come from abroad. As of November, 2010, companies from more than 80 countries list on the Frankfurt Stock Exchange with 49% from North and South America. 31% from Europe and Russia, 14% from Asia and 6% from Australia and Africa.

The Frankfurt Stock Exchange has more than 250 international trading institutions and more than 4,500 traders. Investors directly connected to the Frankfurt Stock Exchange represent 35% of the world's investment capital.

Contact SIFG if you are interested in listing on the Frankfurt Stock Exchange. We look forward to hearing from you.

Frankfurt Stock Exchange Bonds

On 26 January 2012, the 10th corporate bond was listed on the Frankfurt Stock Exchange's Entry Standard segment. This 10th bond for a raise of up to €50 million is good until 30 June 2016 and carries a 6.6% interest rate. The minimum denomination for the 10th bond is €1,000 (EUR). The Entry Standard segment only began allowing bond listings in March 2011. Prior to that, corporate bonds could only be listed on the General or Prime standard of the Frankfurt Stock Exchange. This move is significant because for the first time, small to medium size companies can issue, list and place corporate bonds. The Entry Standard segment has proven to be particularly well suited for the issuance of corporate bonds for small and medium-sized companies. This type of corporate bond is not only listed on the Frankfurt Stock Exchange, but is also accompanied by an approved prospectus, which means that the bond issuance approved for public offering, making advertising and promotion to the general public possible. Since March 2011, companies with Entry Standard listed bonds have received a total of approximately €390 million through corporate bond financing. The average volume of the 10 bond listings was between €15 and €70 million. This is an tremendous indication that even smaller companies with smaller financing requirements are successfully listing and placing their corporate bonds on the Entry Standard segment of the Frankfurt Stock Exchange. According to the company's own information, Peach Property Group is one of the leading developers of top-quality residential property in the German-speaking part of Europe. Currently, the company's most important activity is providing management and other services to Peach Property Group's project companies and third parties, particularly technical and commercial human resources management and project development.

Please don't hesitate to contact us if you have any questions about listing a bond on the Frankfurt Stock Exchange. We look forward to hearing from you.

Dual List on the Frankfurt Stock Exchange

If your company is already listed on a foreign stock exchange that is considered a "Like Exchange" by the Frankfurt Stock Exchange, you can Dual List on the Frankfurt Stock Exchange very easily and affordably. Dual listing your company means that it would be listed on both your current stock exchange and the Frankfurt Stock Exchange. "Dual listings", sometimes called "Cross-Border listings", "Cross listings", or "Secondary listings", literally opens an entirely new world of funders, investors, liquidity and potential shareholders. If your company is already publicly listed on one of the many Frankfurt Stock Exchange approved 'like exchanges', then we can dual list your company on the Frankfurt Stock Exchange extremely fast (within one week) and affordably. We can also obtain approvals for public offerings on the Frankfurt without an underwriter. Contact us now using the form below to get a price quote for your Frankfurt Stock Exchange dual listing.

The Frankfurt Stock Exchange is the world's third largest stock exchange behind only the NYSE and NASDAQ and is often referred to as the ‘International Stock Exchange’. Over 3,300 North American companies are already listed on the Frankfurt Stock Exchange. Dual listing benefits include the following:

Dual Listing a company on the Frankfurt Stock Exchange gives the company the ability to reach the huge European investor market that are interested in the stock of foreign companies like yours, with the convenience of trading locally.

A Dual Listing provides a new opportunity for public companies like yours to benefit from the growing opportunities abroad. Dual listings can also vastly improve a company’s reputation as a global player in the International market. A dual listing on the Frankfurt exchange exposes your company to over 500 million European Union residents!

Dual Listing Benefits Summary:

• Improved image, reputation and prestige as a global player in the International market.
• Greatly expand the ability to raise equity or debt financing.
• Increased trading volume and liquidity. The Frankfurt Stock Exchange is the world's 3rd most liquid market, behind only the NASDAQ and NYSE.
• Improved shareholder relations.
• Vastly enhance visibility among overseas investors and consumers.
• Tap into European retail and institutional funds.
• Benefit from the ever-changing global landscape toward equity investing.
• The Frankfurt Stock Exchange offers one of the most advanced electronic trading capabilities through its highly advanced electronic trading platform, Xetra®.
• Xetra® enables cross-border trading for international investors whereby orders from any point in the globe are automatically inputted into the order book on the central computer.
• Nominal Ongoing Cost - The ongoing cost to maintain your dual listing on the First Quotation Board Segment of the Frankfurt Stock Exchange is less than 3,000 per year.

Please don't hesitate to contact us if you have any questions about a dual listing on the Frankfurt Stock Exchange. We look forward to hearing from you.

Contact us if you are looking for a Frankfurt Stock Exchange listed public shell for sale:

Contact SIFG

About the Frankfurt Stock Exchange

Features of the Frankfurt Stock Exchange

Frankfurt Stock Exchange segments

Frankfurt Stock Exchange Listing Requirements

Frankfurt Stock Exchange Shells for Sale

Frankfurt Stock Exchange for Chinese Companies

Listing and ongoing requirements summary:

Please note that these listing rules are only a summary and it is important to understand that there are other 'unwritten' listing rules and requirements as well which are not published by the London Stock Exchange. As such, the rules and requirements provided herein are a summary of the written London Stock Exchange listing requirements and should only be relied upon in conjunction with a specialized London Stock Exchange Main Market listing partner like GPP and its law firms.

II. Entry Standard Segment

The Entry Standard segment is the entry level segment for primary (first/only) listings on the Frankfurt Stock Exchange. The following are the general requirements for listing the Issuer on the Entry Standard segment of the Frankfurt Stock Exchange Regulated Unofficial Market (Exchange Regulated Market), hereinafter “Frankfurt Stock Exchange” plus XETRA:

• Minimum age of company—2 years

• Minimum 30 shareholders;

• Company must provide evidence of a minimum nominal capital of €750.000 (EUR or its equivalent in another currency at the exchange rate on the date of confirmation) paid-in-capital and the nominal value of the shares must not be less than €1.00 (one euro);

• 10% minimum free float shares • Audited financials (National GAAP or IAS/IFRS US-GAAP, et. al.), prepared locally, for the year prior three years, or less if the company is not three years old;

• Approved Prospectus

• And other listing documents, forms and requirements.

• Our law firm, FSE Law GmbH (www.fselaw.com), conducts all of our listings and prospectuses.

Estimated Time to Listing—Approximately 24 weeks.

IMPORTANT:

The Frankfurt Stock Exchange Entry Standard is an extremely high quality entrance level stock exchange and, as such, the approval process is very much a case-by-case basis. Companies wanting to list on the Frankfurt Stock Exchange should consider the following unwritten requirements:

• Typically, we recommend that the company have at least €25,000,000.00 in revenues, but there is no requirement as such;

• The company should be profitable; • The company should have strong 5-year revenue and net profit growth prospects;

• The company should be operating in an industry that has strong growth prospects;

• The company’s financial audit should be completed by a top 5 or 6 auditing firm;

• The company should have a very good website, business plan and other corporate documents which present the company in the most favorable light possible. The company must put its best foot forward, not only for the exchange, but also for potential investors;

• If a company CEO travels to meet with the decision makers at the Frankfurt Stock Exchange and can convince them that they are a great company with great prospects, then such company might be approved with very little revenues and/or profits. Again, the approval or denial by the stock exchange is on a case-by-case basis. 

Contact SIFG if you are interested in listing on the Entry Standard segment of the Frankfurt Stock Exchange. Please don't hesitate to contact us with any questions you may have. 

SIFG has specialized expertise and experience with Chinese company listings on the Frankfurt Stock Exchange. We are very familiar with the correct WFOE holding company structure required and have Chinese speaking agents.

The business generated by Deutsche Boerse in China has been increasing steadily for years and will continue to grow organically while Deutsche Boerse Group is simultaneously developing new opportunities in areas such as Listing Chinese Companies, Trading & Clearing, Custody & Settlement and Market Data & Analytics. Besides a number of Memorandums of Understanding (MOU) signed with various Chinese partners, Deutsche Boerse has also taken concrete steps in the following fields:

Deutsche Boerse and its subsidiary the Frankfurt Stock Exchange continue to strongly expand its relations with China in order to be an effective and reliable partner for Chinese companies. For example, it organizes capital market events and listing seminars in China in collaboration with its listing partners, and is expanding its listing partner network to include Chinese intermediaries and capital market participants.

The Frankfurter Stock Exchange listed the first Chinese company on its Open Market segment on March 30, 2007 and listed the first Chinese company on the Prime Standard segment of the Frankfurt Stock Exchange on July 6, 2007. Since then many more Chinese companies have chosen a primary listing on the Frankfurt Stock Exchange. There are more Chinese companies already in the pipeline for this year as well.

The XETRA Trading platform

Deutsche Börse’s own XETRA electronic trading platform is widely known as the most efficient and flexible automated trading system for fully electronic securities trading in the world. China’s largest stock exchange, the Shanghai Stock Exchange, has licensed Deutsche Börse’s Xetra electronic trading platform, which Accenture will adapt and implement specifically for the Chinese market. Xetra’s trading technology was chosen on the basis of its performance record of high scalability, speed, reliability, quality of core technology and the ease with which it can be adapted in other markets.

Clearing & Settlement

China Government Securities Depository Trust & Clearing Co. Ltd (CDC) has opened an omnibus account with Clearstream, which is owned by the Deutsche Börse Group. The qualified members of CDC are now able to settle and safe keep international securities via CDC’s account with Clearstream. The partners are discussing further cooperation in the field of collateral management.

Market Data & Analytics

Deutsche Börse and the China Securities Index Company (CSI), a joint venture between the Shanghai Stock Exchange and the Shenzhen Stock Exchange, signed a sales cooperation agreement on September 25, 2007. Under the terms of the agreement, Deutsche Börse acts as an exclusive sales partner for the CSI300 Index’s license of the ETF issuer in Europe.

Why the Frankfurt Stock Exchange?

For approximately ½ the cost of going public on the OTCBB, Chinese companies can go public on the Frankfurt Stock Exchange. Moreover, companies that trade on the Frankfurt Stock Exchange do not have to deal with the often criticized and overly burdensome requirements of Sarbanes-Oxley. This in itself is why many companies from all over the world are choosing the Frankfurt Exchange over the U.S. stock exchanges.

For these reasons and many more, the Frankfurt Stock Exchange listing is fast becoming the better choice for Chinese Companies that want to go public.

Contact SIFG

Frankfurt Stock Exchange General Standard segment listing requirements

Please note that these listing rules are only a summary and it is important to understand that there are other 'unwritten' listing rules and requirements as well which are not published by the London Stock Exchange. As such, the rules and requirements provided herein are a summary of the written Frankfurt Stock Exchange listing requirements and should only be relied upon in conjunction with a specialized Frankfurt Stock Exchange Main Market IPO consultant like SIFG and its law firm.

The following are the general requirements for listing the Issuer on the General Standard segment of the Frankfurt Stock Exchange EU Regulated Market (hereinafter “Frankfurt Stock Exchange”) plus XETRA.

• Minimum age of company—3 years (exemptions possible);

• Minimum issuing volume—minimum market capitalization of €1.25 million;

• Minimum 30 shareholders;

• Equity capital minimum of €1.25 million (cash at some time in past or present);

• Free float minimum of 25%;

• Nominal issuing volume minimum of 10,000 shares;

• EU Prospectus (underwritten by company + bank/FWB-member);

• 3 years audited financials—IAS/IFRS (or adequate for Non-EU issuers);

• And other listing documents, forms and requirements.

• Our law firm, FSE Law GmbH (www.fselaw.com), conducts all of our German listings.

Estimated Time to Listing—Approximately 28 to 32 weeks.

Contact SIFG if you are interested in listing on the General Standard segment of the Frankfurt Stock Exchange.

Please note that these listing rules are only a summary and it is important to understand that there are other 'unwritten' listing rules and requirements as well which are not published by the London Stock Exchange. As such, the rules and requirements provided herein are a summary of the written London Stock Exchange listing requirements and should only be relied upon in conjunction with a specialized London Stock Exchange Main Market listing partner like GPP and its law firms.

Introduction

In Europe, there are two types of capital stock markets:

1. EU-regulated markets and;

2. Markets regulated by the stock exchanges themselves.

The Frankfurt Stock Exchange (Deutsche Börse) offers access to both the Regulated Market and the Regulated Unofficial Market (Open Market). The Regulated Unofficial Market is also referred to as the exchange regulated market because, as the name implies, it is regulated only by the Frankfurt Stock Exchange itself. Within the regulated market and the regulated unofficial market, there are three listing segments which serve the different needs of issuers and investors. The three segments beginning with the segment with the simplest requirements are as follows:

Regulated Unofficial Markets (exchange regulated and governed by private law):

1. Quotation Board (now only for dual listings for companies already listed on a “like exchange”

2. Entry Standard (note that admission to the First Quotation Board for primary listings has been closed permanently)

EU Regulated Markets (based on the European Union transparency standards):

3. General Standard

4. Prime Standard

Listing and Ongoing Requirements Summary

Please note that the rest of this document includes only the general issuer qualification requirements, not the technical requirements, which are considered proprietary property of our firm. This document is only a guideline and listing requirements are subject to change without notice.

I. Quotation Board

The Quotation Board is only for dual listings for companies already listed on a stock exchange considered a "like exchange" by the Frankfurt Stock Exchange.

II. Entry Standard Segment

The Entry Standard segment is the entry level segment for primary (first/only) listings on the Frankfurt Stock Exchange. The following are the general requirements for listing the Issuer on the Entry Standard segment of the Frankfurt Stock Exchange Regulated Unofficial Market (Exchange Regulated Market), hereinafter “Frankfurt Stock Exchange” plus XETRA:

• Minimum age of company—2 years

• Minimum 30 shareholders;

• Company must provide evidence of a minimum nominal capital of €750.000 (EUR or its equivalent in another currency at the exchange rate on the date of confirmation) paid-in-capital and the nominal value of the shares must not be less than €1.00 (one euro);

• 10% minimum free float shares • Audited financials (National GAAP or IAS/IFRS US-GAAP, et. al.), prepared locally, for the year prior three years, or less if the company is not three years old;

• Approved Prospectus

• And other listing documents, forms and requirements.

• Our law firm, FSE Law GmbH (www.fselaw.com), conducts all of our listings and prospectuses.

Estimated Time to Listing—Approximately 24 weeks.

IMPORTANT:

The Frankfurt Stock Exchange Entry Standard is an extremely high quality entrance level stock exchange and, as such, the approval process is very much a case-by-case basis. Companies wanting to list on the Frankfurt Stock Exchange should consider the following unwritten requirements:

• Typically, we recommend that the company have at least €25,000,000.00 in revenues, but there is no requirement as such;

• The company should be profitable; • The company should have strong 5-year revenue and net profit growth prospects;

• The company should be operating in an industry that has strong growth prospects;

• The company’s financial audit should be completed by a top 5 or 6 auditing firm;

• The company should have a very good website, business plan and other corporate documents which present the company in the most favorable light possible. The company must put its best foot forward, not only for the exchange, but also for potential investors;

• If a company CEO travels to meet with the decision makers at the Frankfurt Stock Exchange and can convince them that they are a great company with great prospects, then such company might be approved with very little revenues and/or profits. Again, the approval or denial by the stock exchange is on a case-by-case basis.  

II. General Standard Segment

The following are the general requirements for listing the Issuer on the General Standard segment of the Frankfurt Stock Exchange EU Regulated Market (hereinafter “Frankfurt Stock Exchange”) plus XETRA.

• Minimum age of company—3 years (exemptions possible);

• Minimum issuing volume—minimum market capitalization of €1.25 million;

• Minimum 30 shareholders;

• Equity capital minimum of €1.25 million (cash at some time in past or present);

• Free float minimum of 25%;

• Nominal issuing volume minimum of 10,000 shares;

• EU Prospectus (underwritten by company + bank/FWB-member);

• 3 years audited financials—IAS/IFRS (or adequate for Non-EU issuers);

• And other listing documents, forms and requirements.

• Our law firm, FSE Law GmbH (www.fselaw.com), conducts all of our listings.

Estimated Time to Listing—Approximately 28 to 32 weeks.

III. Prime Standard Segment

The following are the general requirements for listing the Issuer on the Prime Standard segment of the Frankfurt Stock Exchange EU Regulated Market (hereinafter “Frankfurt Stock Exchange”) plus XETRA.

• Minimum age of company—3 years (exemptions possible);

• Minimum issuing volume—minimum market capitalization of €1.25 million;

• Minimum 30 shareholders;

• Equity capital minimum of €1.25 million (cash at some time in past or present);

• Free float minimum of 25%;

• Nominal issuing volume minimum of 10,000 shares;

• EU Prospectus (underwritten by company + bank/FWB-member);

• 3 years audited financials—IAS/IFRS (or adequate for Non-EU issuers);

• And other listing documents, forms and requirements.

• Our law firm, FSE Law GmbH (www.fselaw.com), conducts all of our listings.

Estimated Time to Listing—Approximately 28 to 32 weeks.

Please note that these listing rules are only a summary and it is important to understand that there are other 'unwritten' listing rules and requirements as well which are not published by the London Stock Exchange. As such, the rules and requirements provided herein are a summary of the written London Stock Exchange listing requirements and should only be relied upon in conjunction with a specialized London Stock Exchange Main Market listing partner like GPP and its law firms.

Prime Standard Segment

The following are the general requirements for listing the Issuer on the Prime Standard segment of the Frankfurt Stock Exchange EU Regulated Market (hereinafter “Frankfurt Stock Exchange”) plus XETRA.

• Minimum age of company—3 years (exemptions possible);

• Minimum issuing volume—minimum market capitalization of €1.25 million;

• Minimum 30 shareholders;

• Equity capital minimum of €1.25 million (cash at some time in past or present);

• Free float minimum of 25%;

• Nominal issuing volume minimum of 10,000 shares;

• EU Prospectus (underwritten by company + bank/FWB-member);

• 3 years audited financials—IAS/IFRS (or adequate for Non-EU issuers);

• And other listing documents, forms and requirements.

• Our law firm, FSE Law GmbH (www.fselaw.com), conducts all of our listings.

Estimated Time to Listing—Approximately 28 to 32 weeks.

Please don't hesitate to contact us if you are interested in listing on the Prime Standard segment of the Frankfurt Stock Exchange. We look forward to hearing from you.

Frankfurt Stock Exchange "Like Exchanges"

If your company is listed on a foreign stock exchange that is considered a "like exchange" by the Frankfurt Stock Exchange, it is exempt from the primary registration rules, and can be dual listed on the Frankfurt Stock Exchange very quickly, very easily and very affordably.

Find out now if you can Dual List Your Company on the Frankfurt Stock Exchange quickly, easily and affordably.

If your company is already listed on a foreign stock exchange that is considered a "Like Exchange" by the Frankfurt Stock Exchange, you can Dual List on the Frankfurt Stock Exchange very easily and affordably. Dual listing your company means that it would be listed on both your current stock exchange and the Frankfurt Stock Exchange. "Dual listings", sometimes called "Cross-Border listings", "Cross listings", or "Secondary listings", literally opens an entirely new world of funders, investors, liquidity and potential shareholders. If your company is already publicly listed on one of the many Frankfurt Stock Exchange approved 'like exchanges', then we can dual list your company on the Frankfurt Stock Exchange extremely fast (within one week) and affordably. We can also obtain approvals for public offerings on the Frankfurt without an underwriter. Contact us now using the form below to get a price quote for your Frankfurt Stock Exchange dual listing.

Please don't hesitate to contact us to find out if your company trades on a "like exchange" and qualifies for a dual listing on the Frankfurt Stock Exchange. We look forward to hearing from you.

The XETRA Electronic Trading platform

Launched in 1997, Deutsche Börse’s XETRA electronic trading platform which was designed for the Frankfurt Stock Exchange is widely accepted as the most efficient and flexible automated trading system in the world for fully electronic securities trading. More than 14 stock exchanges around the world have licensed the Frankfurt Stock Exchange Xetra electronic trading platform. Xetra’s electronic trading technology has an outstanding record of high scalability, speed, reliability, quality of core technology and the ease with which it can be adapted in other markets.

Recent Changeover to the Xetra Specialist Model

The Open Market segment of the Frankfurt Stock Exchange changed its trading model on 23 May 2011. The future trading model will be implemented on the Xetra-based trading platform, whereby the lead brokers/market makers shall now be designated as "Xetra Specialists". The start of trading will be 8:00 am. The changes being implemented are designed to make trading at the Frankfurt Stock Exchange both faster and more globally efficient. Trading in the old Xetra model (“Xetra 1”) which was limited to only one auction per day, will terminate on the 27 May 2011.

Your current lead broker/market maker will continue on as your specialist under the new trading model. The primary difference is that, in their new role as Xetra Specialist, they are required to meet stringent performance requirements regarding the trading of your securities. In particular:

• The Xetra Specialist will be required to keep a binding minimum listing volume of minimum €2,000 on both the bid and ask/offer. The new Xetra system for the Open Market will match trades every 2 minutes. Thus, the potential for an offer (sale order) of stock would basically force the Xetra Specialist to purchase €2,000 of stock at his required bid. Of course, the effect would be that the Xetra Specialist would likely drop his bid drastically each time he purchases another €2,000 of stock, until the stock is at a bid price where he is more content with purchasing the shares;
• Maximum spread (the Deutsche Börse will specify the standards soon). This means that the market maker will be required to have a maximum percentage between the bid price and the ask/offer price. Thus, if the Xetra Specialist is forced to drop the bid price, he will be forced to drop the ask/offer price as well.
• Maximum execution periods (pursuant to execution period classes).

When you go public on the Frankfurt Stock Exchange with GPP and our team, your stock automatically gains the ability to be traded through the Xetra electronic trading platform.

Xetra Participants by Country:

All of our Frankfurt Stock Exchange listings include Xetra. Please don't hesitate to contact us if you have any questions about taking your company public on the Frankfurt Stock Exchange.