12.30.2024

Boerse Stuttgart Has Record Year in 2024

12.30.2024
Chinese ETF Market Poised for Growth

In a dynamic market environment, Boerse Stuttgart Group achieved the highest revenues in its history in 2024. The Group was very successful in all of its strategic business areas and continued on its path of structural growth. Key figures in the capital markets and digital business of the sixth-largest exchange group in Europe developed very positively.

“Our exchanges in Germany, Sweden and Switzerland were able to increase their trading volume by around 16 percent compared to the previous year. The Swedish NGM and the BX Swiss in Switzerland even set new historical records. Contrary to the European market trend, there were also 19 new listings of growth companies at NGM. Once again, our broker EUWAX AG also achieved excellent results,” says Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group: “Our digital business recorded its best performance ever in 2024. The trading volume in cryptocurrencies almost tripled. The number of customers on our platforms rose to over one million.” The volume of cryptocurrencies held in fiduciary custody at Boerse Stuttgart Digital Custody rose to around EUR 4,3 billion.

Boerse Stuttgart Group has made consistent and successful progress on its structural growth path in 2024. Major institutional partnerships were a key factor.

“We welcomed UniCredit and Erste Group as two new issuers in our Easy Euwax trading segment for structured securities. In the context of its investment in BX Swiss, Leonteq has also assumed the role of the leading market maker there,” says Voelkel: “In the digital business, we have become the regulated partner for trading and secure custody of cryptocurrencies for DZ Bank and the cooperative banking group, and the roll-out has already begun. Through our partnership with Amazon Web Services, we have laid the foundation for further scaling our institutional crypto infrastructure for financial institutions across Europe. In cooperation with Munich Re, we have developed an insured staking offering for cryptocurrencies.”

Source: Boerse Stuttgart Group


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