Deutsche Börse AG is a leading global exchange organization based in Frankfurt, Germany. It operates the Frankfurt Stock Exchange, one of the largest stock exchanges in the world, facilitating the trading of various financial instruments, including stocks, bonds, and derivatives. The company plays a crucial role in the financial markets by providing a platform for price discovery and liquidity. In addition to its trading services, Deutsche Börse AG offers a range of financial services, including market data, clearing, and settlement solutions. It also operates several subsidiaries and joint ventures, enhancing its position in the global financial landscape and supporting the needs of investors and institutions.