Sales and trading is the backbone of an investment securities firm. Be it a stock brokerage, investment bank or a hedge fund - if a firm can't sell its services, then it's unable to do business, and if it can't trade well, then it becomes difficult to attract and retain clients. One of the most recognised groups representing sales and trading professionals in Germany is the FIA European Principal Traders Association (FIA EPTA). The organisation represents more than 25 trading firms across Europe that trade their own capital in futures, options and equities. FIA EPTA supports transparent, robust and safe markets with a level playing field for all. FIA EPTA members believe principal traders contribute significantly to markets by providing liquidity and enabling immediate risk transfer by others.
The FIA EPTA maintains a strong presence in Germany, due to the country being the largest and strongest economy in Europe, and the fourth biggest economy in the world behind the US, China and Japan. According to the WTO, Germany is the largest exporter of goods in the world. Therefore, it’s no surprise to discover that the German stock exchange is considered one of the most powerful in the world, defining the state of international trade and commerce.
The Deutscher Aktienindex, more commonly known as the DAX 30 is the benchmark index of the German stock market. A company that appears on the list is considered to be one of the 30 biggest and most actively traded companies in Germany. Representing around 75% of the total cap of the Frankfurt stock exchange, the DAX 30 is often viewed as a gauge of the German economy.
In sales and trading there is no textbook to follow in order to achieve success, although in dept analysis of information in order to draw more meaningful conclusions and trends from the data will help tremendously. The DAX 30 has been on the increase as of late - since the beginning of 2019, the index has gained 18.84%, which can only be considered positive news for those working in the industry, both in terms of profits and employment numbers.
Our Berlin based consultants are specialists in their markets, recruiting top talent for organisations specialising in sales and trading, throughout Germany and the rest of Europe.