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Boerse Stuttgart Group looks back on a successful year. “Our strategic pillars in the capital markets and exchange business and in the digital and crypto business developed very positively in 2021,” says Dr Matthias Voelkel, Member of the Management Board and Chief Executive Officer of Boerse Stuttgart Group as of 1 January 2022. “We are extremely well positioned in both these business areas to grow and further expand our market position. As the sixth largest exchange group in Europe, we operate exchanges in Germany, Sweden and Switzerland, a European off-exchange network and a broker that is active on several European trading venues. We have also built the largest digital and crypto business of the European exchange groups."
Investor interest in securities remained high in 2021. “This is where we could play our strengths for retail investors and win new customer groups,” says Voelkel. This is reflected in the trading volume on Boerse Stuttgart, which is expected to be around EUR 107 billion in 2021 based on order book statistics, including a projection for the last three trading days of December. This means that turnover across all securities categories is only around 4 percent below the extremely high volume of the previous year.
Trading in exchange-traded products on Boerse Stuttgart set a new record in 2021. Turnover rose by around 5 percent to roughly EUR 23 billion. Also trading in securitised derivatives saw a very high turnover: At around EUR 44 billion, trading volumes were only slightly down on the previous year, which was characterised by market turbulences. With a market share of around 66 percent, Boerse Stuttgart confirmed its leading position in exchange-based securitised derivatives trading in Germany. Equities came in with turnover of around EUR 28.6 billion in 2021, just below the record level of the previous year.
The adoption of cryptocurrencies continued to increase among retail investors and institutional players in 2021. Against this backdrop, Boerse Stuttgart Group's digital and crypto business underlines its high growth potential. The BISON platform for uncomplicated trading in cryptocurrencies reached a trading volume of around EUR 5.6 billion in 2021. The number of active users at BISON increased by more than 150 percent to approximately 550,000. The multilateral crypto trading venue Boerse Stuttgart Digital Exchange (BSDEX), which is open to both retail and institutional investors, passed the EUR 2.5 billion trading volume mark in 2021. This means that the trading volume in Boerse Stuttgart Group's crypto business increased fivefold year-on-year to around EUR 8.1 billion. “With our services, we are the reliable, transparent and regulated partner that offers retail investors and institutional customers uncomplicated access to the crypto world," says Dr Matthias Voelkel.
