Germany - Frankfurt Stock Exchange
T/I 10:48:48
Share prices fell on the German Stock Exchange on Tuesday (1/4)
but traders said the drop was only a readjustment.
The DAX index had dipped 2.7 percent by midday on Tuesday and
most German stocks were reduced.
SHOWS:
FRANKFURT, GERMANY 1/4
WS exterior Frankfurt stock exchange;
WS interior trading floor;
CU dax-graf index;
CU traders PULL OUT to MS;
CU man on mobile telephone;
MS traders;
MS traders on floor;
CU electronic board showing share prices showing rise and
fall;
REVERSE ANGLE electronic board;
CU electronic board TILT DOWN;
VS traders on floor;
woman trader looking at computer screen;
PULL OUT from man on mobile telephone to WS stock
exchange.
Runs 1.50
You can license this story through AP Archive:
Find out more about AP Archive:
Frankfurt - view of the Frankfurt stock exchange/Börse
Frankfurt Börse - stock exchange
Germany: Frankfurt Stock Exchange recovers after 'Black Monday' panic
The German Stock Exchange showed signs of recovery in Frankfurt, Tuesday, following China's 'Black Monday' which saw global markets rocked by a worldwide sell-off of Chinese shares.
German investors breathed a sigh of relief after the DAX bounced back up 4.19 percent. Other European stock markets also showed signs of improving with the UK's FTSE 100 rising over three percentage points to 6,077.
On Monday Germany's DAX index fell by 4.7 percent to 9,648 points, a 22 percentage point drop from April's highest point. The fall, which reached up to 8.1 percent, before scaling back slightly, was believed to be a consequence of the German economy's high exposure in the Chinese market.
Video ID: 20150825-068
Video on Demand:
Contact: cd@ruptly.tv
Twitter:
Facebook:
LiveLeak:
Vine:
Instagram:
YouTube:
DailyMotion:
Frankfurt Stock Exchange opens
SHOTLIST
1. Various interiors of the Frankfurt stock exchange
2. SOUNDBITE (German) Oliver Roth, Director Equities Trading, Close Brothers Seydler AG
We are disappointed by the numbers we got from the US Yahoo numbers were bad, and that has set new recession worries. Tokyo went down so we in Germany and Europe have problems with the prices as well and that will carry on over the day
3. Traders
4. SOUNDBITE (German) Oliver Roth, Director Equities Trading, Close Brothers Seydler AG
You are absolutely right, I and other experts expected the recession for a long time now. The numbers are going down, that will carry on, so I am wondering why some market participants are reacting with surprise to weak economic data
5. Traders
STORYLINE
Germany's DAX declined 2.6 percent on Wednesday, following a week of tumultuous trading and falls on the Asian markets overnight.
Oliver Roth, Director Equities Trading, Close Brothers Seydler AG, said new US Yahoo figures were bad causing new recession worries.
Yahoo said it is slashing 1,500 jobs while it braces for a deep downturn likely to extend well into 2009.
Last week, Germany's Parliament overwhelmingly approved a 675 (b) US dollar rescue package for the country's financial markets.
The bail out plan came as Germany's DAX index of the country's 30 biggest companies pitched through positive and negative closings, largely following Wall Street's lead, last week.
Those swings were largely caused by financial stocks, as investors tried to assess what impact the rescue package might have and how large the economic fallout from the credit crisis would be.
Keyword economy
You can license this story through AP Archive:
Find out more about AP Archive:
Frankfurt Stock Exchange
The Frankfurt Stock Exchange is the world's 10th largest stock exchange by market capitalization. Located in Frankfurt, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company Clearstream. It is located in the district of Innenstadt and within the central business district known as Bankenviertel.
The Frankfurt Stock Exchange accounts for over 90 percent of the turnover in the German market and a very large share of the European market. In 2010, the Frankfurt Stock Exchange agreed to move to abolish floor trading and completed this transition in May 2011. Today, trading takes place exclusively via the Xetra system, with redundant floor brokers taking on the role of market-makers on the new platform.
This video is targeted to blind users.
Attribution:
Article text available under CC-BY-SA
Creative Commons image source in video
WRAP Frankfurt stock exchange opens ADDS opening of MICEX exchanges
SHOTLIST
Moscow, Russia
1. Interior of Moscow Interbank Currency Exchange (MICEX) trading floor
2. Traders
3. Television screen
4. Trader at desk
5. Wall mounted with clocks showing different time zones
6. Set up shot of public relations director of the MICEX, Alexei Gerasyuk
7. SOUNDBITE (English) Alexei Gerasyuk, Public Relations Director of MICEX:
Some of our clients had some problems finishing their REPO (repurchase agreement) operations. Now I hope today they will finish them. It is the first and the main target for this situation right now. After that we will have some negotiations with the Federal Service for Financial Markets, and I hope soon, maybe not today, maybe tomorrow, maybe on Monday, we will start our main regime of the trades.
8. Moscow street
9. Currency exchange office sign, people walking by
10. SOUNDBITE (Russian) Vox Pop, Anna, Moscow resident:
First of all I think it is incorrect to compare the current situation with what happened in 1998, this is not a default. And it has already had an effect, I know what is happening on our stock market now. I have some savings in the bank and I am worried. I have to decide today whether to take them out or not.
11. Wide of street
12. SOUNDBITE (Russian) Vox Pop, Nikolay, Moscow resident:
The economy is not developing. We had an incredible 'carte blanche' - the high oil price. But the economy was not developing. We've become hooked on oil, like it's a drug. Until we learn to do something ourselves and cure our oil addiction, we will keep having these crises.
Frankfurt, Germany
14. Wide interior of Frankfurt Stock Exchange
15. Various of traders by computers
16. Trading board
17. SOUNDBITE: (German) Oliver Roth, Director Equities Trading, Close Brothers Seydler AG:
To me that is a normal procedure. The problem lies in the fact that at the moment the banks do not trust each other and are also not prepared to lend each other money and therefore the ECB (European Central Bank) steps in. In such phases of the world economy certainly a completely normal process for the ECB to help the banks a little more often and with a little bit more liquidity.
18. Traders
19. Wide of trading board
STORYLINE
Trading on Russian exchanges will not fully resume until Friday, as the government tried to stem a steep fall in share prices and restore confidence in the economy.
ITAR-Tass and Interfax quoted Russian Finance Minister Alexei Kudrin also as saying that Russia's three largest banks will be getting an extra 60 (b) billion rubles (2.36 billion US dollars) to help bolster the financial markets.
The move comes a day after financial regulators halted trading on Russia's MICEX and RTS exchanges as Russian stocks plummeted to their lowest point in nearly three years.
MICEX opened for limited trading on Thursday, but RTS remained closed.
In a statement, MICEX officials called the situation in Russian markets extraordinary.
Alexei Gerasyuk, the Public Relations Director of MICEX, said that the main problem for clients was finishing off their repurchase agreements to lenders.
Some of our clients had some problems finishing their REPO (repurchase agreement) operations. Now I hope today they will finish them. It is the first and the main target for this situation right now, Gerasyuk said.
The Kremlin has struggled to restore confidence in the banking system with a wave of emergency loans, fearing a repeat of the 1998 economic crisis, which saw the ruble devalued, default on the country's sovereign debt, and widespread bank foreclosures.
Some Moscow residents were contemplating whether to withdraw their savings from banks or not.
I think it is incorrect to compare the current situation with what happened in 1998, this is not a default, added Anna.
You can license this story through AP Archive:
Find out more about AP Archive:
Trading floor of Frankfurt exchange as DAX index climbs
1. Various of German stock exchange
2. SOUNDBITE: (German) Joachim Llambi, Manager Concord Financial Intermediary GmbH:
It's looking a bit better now, after the American stock exchange turned around last night but that for us it still means wild fluctuations like in the last few days and I don't think the worst is over. Recession in the U.S. is knocking on the door and a 0.75 rate cut of the FED doesn't help a lot. I believe we will also continue to have to deal with the subprime crisis... all those fluctuations are not normal but an every day occurrence at present.
3. Cutaway
4. SOUNDBITE: (German) Joachim Llambi Manager Concord Financial Intermediary GmbH:
We had different conditions. The FED had a good reason to lower the interest rates, but it seems the ECB didn't. We still have a stable economy in Europe, so there isn't the same urgency like in the U.S. We will have to wait the next couple of weeks. I agree, Mr.Trichet is being pushed to move, but on the other hand it is a positive sign that he is not letting himself be blackmailed by analysts, media or whoever.
5. Cutaway
STORYLINE:
European markets surged on Thursday as a stunning comeback on Wall Street overnight heartened investors over concerns about the U.S. economy.
Markets in Britain, Germany, and France followed most Asian markets to rise on Thursday morning, helping erase losses from their steep slide earlier this week that was driven by fears of a recession in the U.S., a vital export market.
Germany's DAX index climbed 6.03 percent to 6,827.32.
It's looking a bit better now, after the American stock exchange turned around last night but that for us it still means wild fluctuations like in the last few days and I don't think the worst is over, said Joachim Llambi, a manager with Concord Financial Intermediary GmbH.
We still have a stable economy in Europe, so there isn't the same urgency like in the U.S., he added.
On Wednesday the Dow Jones industrial average swung 631.86 points from its low point to its high - its largest single-day reversal in more than five years.
You can license this story through AP Archive:
Find out more about AP Archive:
Oct 27 - DAX German Frankfurt bourse stock exchange protest
Protest at the DAX, Frankfurt, German bourse. Protests the shareholders being put ahead of people and the environment. Banks taking too much risk to increase profits. Captured by Reuters. Oct 27, 2008
GERMANY: STOCK EXCHANGE MERGER LATEST
German/Eng/Nat
XFA
Plans to create Europe's biggest stock market cleared a key hurdle on Tuesday when the Frankfurt stock exchange approved a merger with the London Stock Exchange in an effort to rival Wall Street.
The venture reflects pressure on Europe's national stock markets to consolidate after last year's introduction of the 11-nation euro currency and increased competition from U-S markets and electronic traders.
There was some outcry after the supervisory board of the Frankfurt Deutsche Boerse approved a merger with the London stock exchange.
The merger was devised as a way to for a new joint exchange that could rival wall street, but many in Germany felt that too many operations - and too much power - would be passed on to London.
On Tuesday, members of the supervisory board defended the decision.
SOUNDBITE: (German)
It is decisive where the market is being run from, where it is being supervised from, where the equipment is - and this is all controlled out of here.
SUPER CAPTION: Joerg Franke, Member of Supervisory board
The deal, which has already been approved in London, would create Europe's biggest stock market.
The 50-50 joint venture is to be called iX, for International Exchanges.
The merger, announced earlier this month, was initially met with much excitement as a way of cutting costs and creating a single deep pocket for European capital.
But the deal came close to falling through last week because of cross-Channel disputes, and winning over shareholders, who have to approve the deal, may still not be that easy.
The approval was announced earlier on Tuesday.
SOUNDBITE: (German)
The board has today approved the merger with the London stock exchange as stated in the contract of the third of May and has instructed the management to proceed with the measures necessary to fulfill the merger. This decision was reached unanimously.
Dr Rolf E. Breuer, Chairman of supervisory board of Frankfurt Deutsche Boerse
Under the Anglo-German merger, shares in blue chip companies would be traded in London and shares in the high-tech firms in Frankfurt.
The iX headquarters is to be in London but the Deutsche Boerse chief executive says much of the management will stay in Frankfurt.
SOUNDBITE: (German)
Emerging markets are part of the Frankfurt stock exchange and therefore the management stays here. The permitting board stays here. And that is what we mean when we say the management and competence stays here.
SUPER CAPTION: Dr Verner G. Seifert, Deutsche Boerse chief executive
He added that the merger would benefit the stock exchange users.
SOUNDBITE: (English)
What's important is that we deliver value to our users, and our users will judge if the constellation that we are building is the right one. We are very very positive that we are making big steps towards the interests of our users.
SUPER CAPTION: Dr Verner G. Seifert, Deutsche Boerse chief executive
This new merger seems to be part of a trend. Last month, stock markets in Paris, Brussels and Amsterdam formed a three-way regional exchange and S-W-X Swiss exchange and London's Tradepoint Financial Networks electronic exchange announced on Tuesday they were negotiating on a joint trading platform as well.
You can license this story through AP Archive:
Find out more about AP Archive:
INSIDE FRANKFURT STOCK EXCHANGE DAX BORSE
Download the HD stock footage here
WE SPECIALIZE IN STOCK MARKET FOOTAGE visit
stockmarketfootages.com
Deutsche Börse Group - We make markets work.
As one of the world's leading exchange organizations Deutsche Börse Group provides investors, financial institutions and companies access to global capital markets. Our business covers the entire process chain from securities and derivatives trading, clearing, settlement and custody, through to market data as well as the development and operation of our systems.
This 4 minute film (as of 16 April 2015) gives some insights into Deutsche Börse Group. For more detailed information please visit our website at
Borse Review - Trading And Investing On The Boerse - Berlin Stock Exchange
A financial website that reviews different companies being traded on the Berlin Exchange. Learn about the hottest stocks and companies being traded on the Borse. Investment advice and tips.
German Stock Exchange - Trading floor
►
Frankfurt Stock Exchange, analyst
1. Various of statues of a bear and a bull outside Frankfurt Stock Exchange
2. Wide of interior of stock exchange
3. Pan from traders working to electronic board showing graph
4. Set-up of trader Dirk Mueller working at desk
5. SOUNDBITE: (German) Dirk Mueller, Trader at ICF Kursmakler GmbH (Gesellschaft mit Beschr�nkter Haftung - German for limited liability company):
The numbers from America and Asia were weak, especially the Asians. I am sure that one of the factors was that the Times of London reported yesterday that ten European hedge funds are having big problems and are not serving payments of their clients anymore, and when the Times is reporting something like this they are usually quite well informed and respectable, so of course this is a topic here today. There are many sides to the problem which we have been discussing here for months now, and today it's this side.
6. Cutaway of trading floor
7. SOUNDBITE: (German) Dirk Mueller, Trader at ICF Kursmakler GmbH (Gesellschaft mit Beschr�nkter Haftung) - German for limited liability company):
It would be naive not to look at Asia and America, especially Asia. Germany is not an island. We cannot have a great economy when everywhere else there are problems. Whoever thinks that is na�ve. We are in a globalised world where everything depends on everything else, so when the Americans have problems we surely have them as well.
8. Various of traders working
STORYLINE:
Oil prices dropped on Monday as falling stock markets prompted traders to sell crude futures contracts.
At midday in Europe, London's FTSE was down 1.8 percent, while the CAC-40 in Paris fell 2.1 percent.
Frankfurt's DAX was 1.5 percent below its Friday close.
In Asia, the global market turmoil continued into a second week, with markets tumbling in the wake of Wall Street's sell-off on Friday amid persistent worries about a possible US, and worldwide, economic slowdown.
In Hong Kong, the blue chip Hang Seng Index fell as much as 6.1 percent during its session, and Japan's benchmark stock index dropped nearly four percent on the Tokyo Stock Exchange.
In Frankfurt, trader Dirk Mueller said the German market was bound to suffer when the rest of the world was having market problems.
Germany is not an island. We cannot have a great economy when everywhere else there are problems, Mueller said on Monday.
Whoever thinks that is na�ve. We are in a globalised world where everything depends on everything else, so when the Americans have problems we surely have them as well, he added.
Monday's declines came as traders took their cues from Wall Street, where the Dow Jones industrials fell 1.4 percent on Friday and were seen opening lower on Monday.
Light, sweet crude for March delivery lost 1.32 US dollars to 89.39 US dollars a barrel in electronic trading on the New York Mercantile Exchange by
midday in Europe.
Brent crude fell 1.19 US dollars to 89.71 US dollars a barrel on the ICE Futures exchange in London.
Oil futures were supported by expectations that the Organisation of Petroleum Exporting Countries (OPEC) will not increase its production levels when it meets on Friday in Vienna, Austria.
The oil cartel has been coming under increasing pressure in recent weeks from the United States, the world's biggest oil consumer, to raise its output to meet growing demand and help ease high oil prices.
OPEC officials have repeatedly asserted that high crude oil prices are largely the result of market speculation and geopolitical factors, not fundamental supply concerns, and are thus beyond its control.
The crude contract rose 1.30 US dollars on Friday to settle at 90.71 US dollars a barrel on a view that the recession worries that pulled prices lower
in recent weeks may have been overblown.
You can license this story through AP Archive:
Find out more about AP Archive:
London Stock Exchange Börse Frankfurt
Germany - Stock Exchange
T/I: 10:52:15
The Frankfurt stock exchange plunged nearly two per cent in mid-morning trading on Monday (17/08) in the wake of the de facto devaluation of the ruble. At 10:40 am, the DAX index of 30 German blue chip shares was down 107.99 points, or 1.97 percent, at 5,365.73 points in computerized Xetra trade.
SHOWS:
FRANKFURT, GERMANY, 17/08
Exterior stock exchange;
CU name-plate;
VS interiors Frankfurt stock exchange;
VS traders on floor;
CU trading board;
VS stock exchange;
CU Index Board showing plunge;
VS traders;
VS activity on exchange floor;
0.59
You can license this story through AP Archive:
Find out more about AP Archive:
Frankfurt stock exchange
DOWN!
FRANKFURT STOCK EXCHANGE FSE
THE POWERFUL OF THIS WORLD
FRANKFURT STOCK EXCHANGE FSE
UK/GERMANY: LONDON/FRANKFURT STOCK EXCHANGES MERGER
English/Nat
XFA
The London and Frankfurt stock exchanges have agreed to merge, the London Stock Exchange announced on Wednesday.
The combination creates Europe's largest stock market and a powerful regional counterweight to Wall Street.
The London exchange and Germany's Deutsche Boerse would each own 50 percent of the new entity, which is to be called i-X, short for International Exchanges.
The Anglo-German merger brings to a climax two years of fitful efforts by the London and Frankfurt exchanges to combine.
The headquarters for the new joint German-U-K stock exchange is to be in the city of London where shares in blue chip companies will be traded.
Don Cruickshank, chairman-designate of the London Stock Exchange, will be chairman of i-X.
The London Stock exchange said shares in high-tech firms would be traded in Frankfurt.
The Anglo-German union also includes a formal cooperation agreement with the technology-heavy U-S Nasdaq market.
The London exchange did not give specifics on this linkup with Nasdaq but said it did not involve mutual ownership.
Stan Adams, Director of Advisory Services for Barclays, says that he hopes other European countries will come on board soon.
SOUNDBITE: (English)
I think to begin with we're going to see Germany and the U.K. involved, it'll be very quickly that we'll see France, Spain, Italy and eventually we'll see all the markets of Europe combined into one marketplace so that you'll be able to trade, everybody, all over Europe will be able to trade, all the markets in the one single spot.
SUPER CAPTION: Stan Adams, Director of Advisory Services for Barclays
Many brokers believe the merger will contribute to market stability.
SOUNDBITE: (English)
I think it will add to stability where there's more value and more money in the market and there's a greater number of decent sized companies that we can get access to in the U.K. for individuals. Mainly private clients in the U.K. don't look at European stocks so that will give greater ability for portfolios to track European markets as well.
SUPER CAPTION: Matthew West, Stockbroker
The merger underscores the growing power of Frankfurt as a financial center rivaling London.
While the London exchange has a larger market capitalization, the Frankfurt market is more diversified and profitable.
Pressure on Europe's national stock exchanges to consolidate has recently intensified due to the introduction last year of a single European currency, the euro, together with competition from U-S markets and electronic share-trading networks.
Last month, stock markets in Paris, Brussels and Amsterdam formed a three-way regional exchange.
You can license this story through AP Archive:
Find out more about AP Archive:
Frankfurt Stock Exchange and surrounding buildings
(23 Jan 2008) Original story: 551623
SHOTLIST
1. Wide of Frankfurt skyline
2. Euro sign in front of European Central Bank tower
3. Street in central Frankfurt
4. Tilt up of Commerzbank tower
5. Wide of Deutsche Bank towers
6. Close up of Deutsche bank sign
7. Bull and Bear in front of Frankfurt Stock Exchange
8. Wide interior of trading floor
9. Mid of traders
10. Wide of trading floor
14. Close up of Dax curve on the screen
You can license this story through AP Archive:
Find out more about AP Archive: