Glossary

Transparency Standard

The extent of a listed company's disclosure obligations on the Frankfurt Stock Exchange. Synonym: Transparency level. Today: Market segment

By selecting a transparency standard, a company decides which post-listing obligations it wishes to fulfill. The transparency standard ensures market transparency for all investors in the interests of effective investor protection. In the meantime, the term market segment has become established for transparency standard.

At the Frankfurt Stock Exchange, issuers can choose between three market segments:

The Scale growth segment with low post-admission obligations,
General Standard, to which the statutory minimum requirements apply,
Prime Standard with high transparency requirements that meet international standards.

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