Deutsche Börse Group has published its financials for the first quarter of 2022, reporting a 24 percent jump in its net revenue, primarily due to increased trading activities. In absolute terms, the figure came in at more than €1.06 million.
The quarterly revenue came in stronger than the cyclical expectations of the German financial services group.
The EBITDA of the stock exchange
Stock Exchange
A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the financial market and some of the most visible entities in the entire industry. Nearly every developed country boasts a domestic stock exchange, with many varying in importance and size.The largest stock exchanges in the world as of May 2020 include the New York Stock Exchange (NYSE), NASDAQ, Tokyo Stock Exchange, Hong Kong Stock Exchange, London Stock Exchange, EURONEXT, and Shenzen Stock Exchange. What Functions Do Stock Exchanges Perform?Stock exchanges have a variety of utility within the modern financial system. As its name suggests, a stock exchange is often the most important component of a stock market.Another crucial element of stock exchanges is the prevalence of initial public offerings (IPOs) of company stocks and bonds to investors. This is performed in both the primary market and subsequent trading the secondary market.Not any company or entity can be included on a stock exchange. To be able to trade a security on a certain exchange requires the listing of specific securities. Trading on an exchange is restricted to certified brokers who are members of the exchange. The traditional image of crowded trading floors has waned in recent years to include other various other trading venues.This includes electronic communication networks, alternative trading systems and “dark pools” which have ultimately seen the migration of trading activity away from traditional stock exchanges.
A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the financial market and some of the most visible entities in the entire industry. Nearly every developed country boasts a domestic stock exchange, with many varying in importance and size.The largest stock exchanges in the world as of May 2020 include the New York Stock Exchange (NYSE), NASDAQ, Tokyo Stock Exchange, Hong Kong Stock Exchange, London Stock Exchange, EURONEXT, and Shenzen Stock Exchange. What Functions Do Stock Exchanges Perform?Stock exchanges have a variety of utility within the modern financial system. As its name suggests, a stock exchange is often the most important component of a stock market.Another crucial element of stock exchanges is the prevalence of initial public offerings (IPOs) of company stocks and bonds to investors. This is performed in both the primary market and subsequent trading the secondary market.Not any company or entity can be included on a stock exchange. To be able to trade a security on a certain exchange requires the listing of specific securities. Trading on an exchange is restricted to certified brokers who are members of the exchange. The traditional image of crowded trading floors has waned in recent years to include other various other trading venues.This includes electronic communication networks, alternative trading systems and “dark pools” which have ultimately seen the migration of trading activity away from traditional stock exchanges.
Read this Term operator for the quarter also jumped by 32 percent to touch €687.4 million.
The group generated a net profit of €420.8 million in the quarter, which was 33 percent higher year-over-year. The per-share earnings to all the shareholders of the company came in at €2.40, up 33 percent.
“The first quarter of 2022 was considerably above our expectations,” said Gregor Pottmeyer, Deutsche Börse AG’s Chief Financial Officer.
“All three growth components of our business – secular, cyclical and M&A net revenue growth – contributed equally to the extraordinarily good result. We are therefore currently expecting to exceed our guidance for the current financial year.”
High Expectations
Indeed, the group is now expecting to close the ongoing financial year with total revenue of more than €3.8 billion and an EBITDA of over €2.2 billion. It was significantly higher than the previous year as Deutsche Börse ended 2021 with net revenue of €3.51 billion and an EBITDA of €2.04 billion.
The group also made several other key business decisions in the first three months of 2022. It acquired Luxumbourg-based Kneip Communication for the expansion of its data services.
Last month, it also took the decision to wind down the services of buy-in agent, Eurex Securities Transactions Services GmbH (Eurex STS), which came in response to the ‘Refit’ draft of the Central Securities Depository Regulation (CSDR) published last week by the European Commission. Additionally, Deutsche Börse’s subsidiary Clearstream also diluted 50 percent of its stake in the European trade repository, REGIS-TR.
Deutsche Börse Group has published its financials for the first quarter of 2022, reporting a 24 percent jump in its net revenue, primarily due to increased trading activities. In absolute terms, the figure came in at more than €1.06 million.
The quarterly revenue came in stronger than the cyclical expectations of the German financial services group.
The EBITDA of the stock exchange
Stock Exchange
A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the financial market and some of the most visible entities in the entire industry. Nearly every developed country boasts a domestic stock exchange, with many varying in importance and size.The largest stock exchanges in the world as of May 2020 include the New York Stock Exchange (NYSE), NASDAQ, Tokyo Stock Exchange, Hong Kong Stock Exchange, London Stock Exchange, EURONEXT, and Shenzen Stock Exchange. What Functions Do Stock Exchanges Perform?Stock exchanges have a variety of utility within the modern financial system. As its name suggests, a stock exchange is often the most important component of a stock market.Another crucial element of stock exchanges is the prevalence of initial public offerings (IPOs) of company stocks and bonds to investors. This is performed in both the primary market and subsequent trading the secondary market.Not any company or entity can be included on a stock exchange. To be able to trade a security on a certain exchange requires the listing of specific securities. Trading on an exchange is restricted to certified brokers who are members of the exchange. The traditional image of crowded trading floors has waned in recent years to include other various other trading venues.This includes electronic communication networks, alternative trading systems and “dark pools” which have ultimately seen the migration of trading activity away from traditional stock exchanges.
A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the financial market and some of the most visible entities in the entire industry. Nearly every developed country boasts a domestic stock exchange, with many varying in importance and size.The largest stock exchanges in the world as of May 2020 include the New York Stock Exchange (NYSE), NASDAQ, Tokyo Stock Exchange, Hong Kong Stock Exchange, London Stock Exchange, EURONEXT, and Shenzen Stock Exchange. What Functions Do Stock Exchanges Perform?Stock exchanges have a variety of utility within the modern financial system. As its name suggests, a stock exchange is often the most important component of a stock market.Another crucial element of stock exchanges is the prevalence of initial public offerings (IPOs) of company stocks and bonds to investors. This is performed in both the primary market and subsequent trading the secondary market.Not any company or entity can be included on a stock exchange. To be able to trade a security on a certain exchange requires the listing of specific securities. Trading on an exchange is restricted to certified brokers who are members of the exchange. The traditional image of crowded trading floors has waned in recent years to include other various other trading venues.This includes electronic communication networks, alternative trading systems and “dark pools” which have ultimately seen the migration of trading activity away from traditional stock exchanges.
Read this Term operator for the quarter also jumped by 32 percent to touch €687.4 million.
The group generated a net profit of €420.8 million in the quarter, which was 33 percent higher year-over-year. The per-share earnings to all the shareholders of the company came in at €2.40, up 33 percent.
“The first quarter of 2022 was considerably above our expectations,” said Gregor Pottmeyer, Deutsche Börse AG’s Chief Financial Officer.
“All three growth components of our business – secular, cyclical and M&A net revenue growth – contributed equally to the extraordinarily good result. We are therefore currently expecting to exceed our guidance for the current financial year.”
High Expectations
Indeed, the group is now expecting to close the ongoing financial year with total revenue of more than €3.8 billion and an EBITDA of over €2.2 billion. It was significantly higher than the previous year as Deutsche Börse ended 2021 with net revenue of €3.51 billion and an EBITDA of €2.04 billion.
The group also made several other key business decisions in the first three months of 2022. It acquired Luxumbourg-based Kneip Communication for the expansion of its data services.
Last month, it also took the decision to wind down the services of buy-in agent, Eurex Securities Transactions Services GmbH (Eurex STS), which came in response to the ‘Refit’ draft of the Central Securities Depository Regulation (CSDR) published last week by the European Commission. Additionally, Deutsche Börse’s subsidiary Clearstream also diluted 50 percent of its stake in the European trade repository, REGIS-TR.
Source: https://www.financemagnates.com/institutional-forex/deutsche-brse-group-sees-24-jump-in-q1-2022-revenue/