Organisation of the stock exchange
Exchange Supervisory Authority of the state Hesse
The order for the operation of the exchange and its regulatory supervision is placed by the state of Hessen.
The Hessian Stock Exchange Supervisory Authority is responsible for market and legal supervision of the Frankfurt Stock Exchange. It is part of the Hessian Ministry of Economics, Energy, Transport and Housing.
The Stock Exchange Act regulates the tasks and powers of the Exchange Supervisory Authority. In Germany, stock exchange supervisory authorities are the ministries of economics or finance of the federal states. In Hesse, stock exchange supervision is exercised by the Ministry of Economics, Energy, Transport and Housing.
To ensure proper exchange trading, the Exchange Supervisory Authority cooperates closely with the exchange trading supervisory authorities and the Federal Financial Supervisory Authority (BaFin).
In addition to the Sanctions Committee and the Management Board, the Exchange Supervisory Authority may impose sanctions against market participants.
The Exchange Supervisory Authority monitors the pricing process, investigates violations of stock exchange regulations and develops preventive measures. It also monitors trading participants admitted to exchange trading and participates in legislation in the field of exchange policy.
Further information
Deutsche Börse 
