Record turnover thanks to Bitcoin: Boerse Stuttgart has a turnover of 107 billion euros

The Boerse Stuttgart Group can look back on a successful year.

“Our strategic pillars in the capital market and stock exchange business and in the digital and crypto business developed very positively in 2021”

says Dr. Matthias Voelkel, Member of the Management Board and, from January 1, 2022, CEO of the Boerse Stuttgart Group:

“We are excellently positioned in both business areas to grow and further expand our market position. As the sixth largest stock exchange group in Europe, we operate stock exchanges in Germany, Sweden and Switzerland, a European over-the-counter network and a broker active on several European trading venues. In addition, we have built the largest digital and crypto business of the European stock exchange groups. “

Investor interest in securities remained high in 2021.

“Here we were able to play to our strengths for private investors and win new customer groups for us”

so Voelkel. This is reflected in the trading volume on the Stuttgart Stock Exchange: the expected turnover according to order book statistics in 2021 – with an extrapolation for the last three trading days of December – around 107 billion euros. This means that sales across all security classes are only around 4 percent below the level of the extremely strong previous year.

In trading in exchange-traded products, the Stuttgart Stock Exchange will set a new record in 2021: Sales will rise by around 5 percent to around 23 billion euros. There is also high turnover in the trading of securitized derivatives: here the trading volume has only fallen slightly to around 44 billion euros compared to the previous year, which was marked by market turbulence. With a market share of around 66 percent, the Stuttgart Stock Exchange remains the market leader for securitized derivatives in on-exchange trading in Germany. In terms of shares, sales in 2021 will be around 28.6 billion euros, just below the record level of the previous year.

In 2021, the acceptance of cryptocurrencies among private investors and institutional players continued to increase. Against this background, the digital and crypto business of the Boerse Stuttgart Group underlines its high growth potential. The BISON platform for uncomplicated trading in crypto currencies will achieve a trading volume of around 5.6 billion euros in 2021. The number of active users at BISON will increase by more than 150 percent to around 550,000 in 2021. The multilateral crypto trading platform Börse Stuttgart Digital Exchange (BSDEX), which is open to both private and institutional investors, will crack the 2.5 billion euro trading volume mark in 2021. This means that the trading volume in the crypto business of the Boerse Stuttgart Group has increased fivefold compared to the previous year to around 8.1 billion euros.

“With our offers we are the reliable, transparent and regulated partner who offers private investors and institutional customers uncomplicated access to the crypto world”

so Voelkel.

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Record turnover thanks to Bitcoin: Boerse Stuttgart has a turnover of 107 billion euros

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