After a special audit at Deutsche Börse, the Federal Financial Supervisory Authority (Bafin) has required additional equity to be held.
As the Bafin has now announced, it ordered this on April 20, and the order has been final since May 21.
At the stock exchange subsidiary Clearstream Banking, the audit revealed that “the business organization was not correct in all audited areas”.
Daniel Mohr
Editor in Business.
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Against the positive market trend, the stock exchange's share price was down 3 percent on Friday.
At the beginning of the week, the share was the only one in the Dax that was at a record high.
According to reports, the additional equity required and now deposited amounts to 8 million euros, a manageable sum in view of Deutsche Börse's net profit of around 800 million euros in the second quarter alone.
The Frankfurt stock exchange operator announced that it had already initiated appropriate measures immediately after the Bafin audit at the beginning of 2021 to remedy the deficiencies in risk management and compliance with tax regulations that were mentioned at the time.
According to the stock exchange, the weaknesses identified have “already been partially remedied”.
The stock exchange is working on other points, particularly with regard to IT.
There is no connection with allegations of cum-ex transactions.
The internal security measures in risk management have been strengthened.
Clearstream is responsible for settlement and custody in securities trading at the stock exchange.