The number and market capitalisation of listed German public limited companies have made great advances in the past few years: •  At the end of 1995, 527 enterprises achieved a market value equivalent to ELOOLRQ  •  At the end of 1999, the figure was already 933 enterprises with a market value of  billion.
•  Measured in terms of GDP, market capitalisation is now at 68% compared with 24% at the end of 1995. This means that Germany is still in a lower mid-table position among the industrial countries. There exists potential for further growth. The European stock market landscape is still distinctly fragmented with a large number of market models, trading and settlement systems.