Berliner Effektengesellschaft AG: insider trades · Germany · BaFin

About Berliner Effektengesellschaft AG

Berliner Effektengesellschaft AG is a German financial holding company listed on Xetra/Frankfurt (DAX/MDAX/SDAX) in Germany, with a business model centered on capital-markets services rather than mass-market retail banking. Founded in 1997 and headquartered in Berlin at Kurfürstendamm 119, the group combines several specialized subsidiaries and participations that together provide a broad range of financial services. Its core activities include securities brokerage and intermediation, market making and price formation in the open market and regulated market, support for equity financing of companies, and the provision of venture capital. At group level, the parent company also performs central support functions such as administration, controlling, treasury and organizational support for subsidiaries. ([effektengesellschaft.de](https://www.effektengesellschaft.de/impressum?utm_source=openai)) The company’s history is closely tied to the evolution of the German trading landscape. Founder Holger Timm started his career as a stockbroker at the Berlin Stock Exchange in 1986, and the group later developed into a capital-markets service platform. The corporate timeline highlights the formation of Berliner Effektengesellschaft AG in 1997, the renaming in 1999, the launch of TRADEGATE in 2000, the acquisition of a full banking licence by Tradegate AG Wertpapierhandelsbank in 2008, and the start of official trading on Tradegate Exchange in 2010, which the company describes as the first new securities exchange established in Germany in more than 150 years. ([effektengesellschaft.de](https://www.effektengesellschaft.de/en)) From a competitive standpoint, Berliner Effektengesellschaft occupies a specialized niche rather than competing as a universal bank. Its strength lies in an integrated capital-markets ecosystem, with Tradegate as the flagship operating asset and Quirin Privatbank as a strategic investment. The company states that, apart from its stake in Quirin Privatbank, it has no other strategically relevant participations. Its group footprint is mainly concentrated in Berlin and Frankfurt am Main, underlining its focus on Germany’s main financial centers. ([financialreports.eu](https://financialreports.eu/filings/berliner-effektengesellschaft-ag/annual-report/2025/9338717/)) Key products and services include direct brokerage, market making in equities and ETFs, off-exchange and exchange-based trading, and market-access solutions for both retail and institutional activity. Tradegate AG has continued to broaden its offering, including the launch of the tradegate.direct app, which enables retail investors to trade directly on Tradegate Exchange, and, since 2021, the issuance of derivatives on liquid stocks listed on Tradegate. These initiatives support client engagement and deepen the group’s transaction-driven revenue model. ([effektengesellschaft.de](https://www.effektengesellschaft.de/en)) Recent developments point to an active 2025/2026 corporate calendar: annual and consolidated financial statements for 2025 were published in April 2026, the 2025 annual accounts were approved on April 1, 2026, and the company redeemed its own shares in January 2026. The 2026 AGM is scheduled in Berlin for June 5, 2026. As of June 2025, the group reported total assets of EUR 506.243 million, an equity ratio of 55.07%, earnings per share of EUR 2.03, and 170 employees. These figures indicate a well-capitalized structure, while the business remains naturally sensitive to trading volumes, market activity and capital-markets sentiment. ([effektengesellschaft.de](https://www.effektengesellschaft.de/en/1))