We're expanding the stock exchange!
Deutsche Börse will expand the historic building in downtown Frankfurt, which houses the well-known trading floor and the Frankfurt Chamber of Industry and Commerce (IHK).
A modern visitor and conference centre will be built in the heart of Frankfurt to continue the history at the famous Börsenplatz 4 in Frankfurt.
The core of the expansion is our new Visitors Center, which will make the stock exchange more lively, chic and tangible – an attractive place to go for information on stock exchange and trading topics.
We look forward to welcoming you to our new Visitors Center from 2020 on. Until then, we will keep you up to date on our expansion blog.
Where specialists used to trade foreign stocks such as Apple, Nestlé and Shell, old walls are now being dismantled. The rooms, often only a few square metres in size, which served as offices for the specialists, are clearly visible. In future, the new premises of ZDF will be built on this site.
The stock exchange in the future
The expansion of the stock exchange has three core elements: the redesign of the visitor centre on a larger area for a significantly higher number of visitors, improved framework conditions for IPOs and Opening Bell events as well as a completely new public conference center.
Large equipment is gathered at the Frankfurt Stock Exchange. A concrete mixer and a pump truck transport fresh concrete to the construction site. In the area of the rebuilt staircase, which we showed you here on the blog on 27 February, the ceiling opening is closed. Part of the future exhibition will be housed on the cast concrete ceiling.
Many thanks to Bankhaus Scheich for the picture.
A grey dust protection wall was installed in the trading hall at the weekend so that the traders and reporters could work undisturbed during the current construction work for the new event location behind the DAX board. Especially sensitive television cameras and the traders sitting directly in front of the event make this protective measure necessary. At the same time, there was an unusual picture on the weekend: The maintenance of the price boards - including the well-known DAX board - was on the agenda, so Friday's closing prices were temporarily not displayed. With the start of trading on Monday, the crackling of the boards resounded again and the prices could be seen as usual.
22. March: Design for a new canopy
An illuminated canopy will show visitors the way to the exhibition so that they can quickly see through which door they will enter the stock exchange in the future. Since the arcades and the entire building are listed buildings, a sample corner has now been hung for the planned structure. In this way, the monument office can check the effect.
Hundreds of thousands visitors of the Frankfurt Stock Exchange have reached our visitors’ gallery in the past decades via this staircase in the entrance hall. Now it has to give way for renovation, as the exhibition space is being enlarged. And so the entrance to our new Visitors Center has to be moved. In future, access will be provided via a new staircase in the entrance hall, a scaffolding including a construction wall already shows this. At the beginning of 2020, the construction phase is to be completed - and you can view the new Visitors Center free of charge! We will keep you up to date.
An exclusive guided tour with Michael Krogmann, managing director of the Frankfurt stock exchange, and Nicole Koludrovic, project manager for the expansion, takes place for the listeners of the radio station hr-iNFO. The winners of the Advent calendar competition now have a feeling of what it means to stand on the trading floor. They get answers to numerous questions about the function of the stock exchange, and of course they take a look at the ARD radio studios in the trading hall. Finally, the visitors walk across the construction site in the historic building to the well-known DAX board – a group photo is mandatory for such a special experience.
In the course of the expansion, there are interim solutions behind the scenes. Several traders have temporarily moved from the upper trading hall into the Rentensaal (Bond Hall), which still bears the style of the previous century: wine-red barriers with monitors embedded on the outside, on which in former times the quotes of the securities were displayed in white and green on black - embedded in middle-brown wooden panels. Now the latest technology is once again coming into the old furniture, hence the cable clutter. Now the traders are called specialists, but around 10,000 foreign shares are still traded on the Frankfurt Stock Exchange.
Today the annual press conference of Deutsche Börse is on the agenda. Over the past few years, the event, at which journalists ask the Executive Board questions about business development, has mostly taken place in the conference room right next to our well-known trading floor. But today, as you can see on the photo, it's a construction site! Here, new areas are being created for the future Visitors Center. In addition to the visitor gallery with a view of the trading hall, our guests will also be able to visit an interactive exhibition in the future. To make this possible, some walls were demolished and walls and scaffolds were erected. Reason for this: In future, the new experience world of the stock exchange will be accessible directly via a staircase in the lobby. Hope to see you there in early 2020!
Yes! You can see it when you look from the (currently closed) visitors’ gallery into the trading hall. Of course, this was different some days ago, normally you can look directly into the so-called Auslandsaktiensaal (trading hall for foreign shares). However, there was already a lot of work going on: The traders have temporarily moved to the bond trading hall. In order to avoid dust and noise wherever possible, a green protective wall was installed. When the constructions are finished, dealers will be sitting there again – and the ZDF television studio will move there. The TV colleagues are currently located in the offices above the well-known DAX board, but will change offices in the course of the year.
The building permit has arrived, the construction site has been set up: Now we can start with our expansion of the Frankfurt Stock Exchange! Some preliminary work has already been done over the last few months, in addition to all the planning. And some traders and journalists have already moved into new offices.
In the first construction phase, an exclusive event area will be created behind the DAX board, the IPO scenario will become more attractive and our new, much larger Visitors Center is being built.