Berlin Stock Exchange
The Berlin Stock Exchange is a veritable ancient as stock exchange houses go, for it was founded in 1696. Back when Germany was still known as Prussia, and as a small country with an agrarian based economy. At this stage, it did not wield as big an influence as its neighboring countries, such as France, or Austria or Russia. When it did changed, Germany needed to have its' the monetary system devaluated. This was entirely due to the losses incurred when Frederick the Great waged war against Russia and Austria. The result was disastrous, especially for the banks in Amsterdam, where several banks went bankrupt. The next upsurge in the Berlin stock market came about in 1840, when railroad companies began operations. From this period onwards, the stock market dealers began to trade in more dividend-bearing shares aside from the standard fixed-interest bonds. Still the stock market would react to the volatile political situation of the country, which was subjected to revolutions and wars. Finally, after the Franco-Prussian War ended in 1871, Germany’s economy improved. The period after were marked by at least three year of rapid industrial growth. Then in 1875, a depression set in, and this lasted for five years, and then the turn about produced about 4,000 listed companies in the Berlin Stock Exchange by 1920s. Today – the Berlin Stock Exchange has only 700 listed companies. The future is bright for investors daring enough to trade stocks in Berlin. As its official website says, the Berlin Stock Exchange is focused on serving the needs of active, globally interested retail investors. To this end it has over 10.000 shares from over 60 countries, including NASDAQ stocks, which since 1999 have been listed in this exchange house. Aside from its comprehensive range of stock offerings, the Berlin Stock Exchange continues to be