Economics at your fingertips  

Alternative Trading Systems in Germany – Entry Standard vs. Neuer Markt

Sonia Woś
Additional contact information
Sonia Woś: Poznań University of Economics and Business

International Economics, 2016, issue 15, 223-233

Abstract: The aim of the article is to compare the former German alternative market, the Neuer Markt, with the current Entry Standard, in the context of providing capital access to small and medium enterprises. The article characterizes the German capital market since 1987, focusing on the current alternative trading system – the Entry Standard segment. The objective has been achieved with the analysis of the Entry Standard IPO emission requirements, selected statements demanded from issuers and the market structure. Those issues are compared with the former Neuer Markt. During the research, foreign literature, press articles and Frankfurt Stock Exchange publications and reports were applied. The author wants to indicate the main similarities and differences between the Neuer Markt and the Entry Standard. The comparison confirms that the alternative trading system plays a huge role in providing capital access to small and medium enterprises.

Keywords: Alternative Trading System; German capital market; Frankfurt Stock Exchange; Neuer Markt; Entry Standard (search for similar items in EconPapers)
JEL-codes: G15 (search for similar items in EconPapers)
Date: 2016
References: View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link) ... quence=1&isAllowed=y (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

International Economics is currently edited by Piotr Gabrielczak

More articles in International Economics from University of Lodz, Faculty of Economics and Sociology Contact information at EDIRC.
Series data maintained by International Economics ().

Page updated 2017-09-29
Handle: RePEc:ann:inecon:y:2016:i:15:p:223-233