Lang & Schwarz

Lang & Schwarz Aktiengesellschaft is the holding company of a group of financial-sector companies employing over 90 people. It develops structured products and issues them under its own name. Founded in 1996, the group includes subsidiaries Lang & Schwarz TradeCenter AG & Co. KG, Lang & Schwarz Gate GmbH and P3 finance GmbH. Lang & Schwarz TradeCenter operates a leading platform for over-the-counter trading in Germany, serving around 20 partner banks with trading in domestic and foreign equities, funds, bonds, ETPs and its own products. LS Exchange is an electronic trading system of BÖAG Börsen AG, Hamburg and Hannover, where Lang & Schwarz TradeCenter acts as market maker and liquidity provider. Lang & Schwarz Gate GmbH provides IT hardware and software services within the group and for third parties. P3 finance GmbH is a joint venture of P3 group GmbH and Lang & Schwarz AG developing digital solutions for the financial industry and operating the onelink trading system at Lang & Schwarz Exchange.

Lang & Schwarz Aktiengesellschaft was founded in 1996. In 2014, it celebrated the 15th anniversary of over-the-counter trading at Lang & Schwarz. In 2015, wikifolio index certificates were approved for distribution in Switzerland for the first time, and Lang & Schwarz took first place at the Zertifikate Awards 2015 for index certificates. In 2016, Lang & Schwarz Exchange started, and more than 5,000 wikifolio index certificates were issued. In 2017, market maker activity for equities and ETFs began on the Vienna Stock Exchange, a collateralization solution for wikifolio certificates was introduced, and the shares of Lang & Schwarz Aktiengesellschaft moved to the Basic Board of the Frankfurt Stock Exchange. In 2018, market maker activity began at BX Swiss and the first wikifolio certificates were introduced there. In 2019, market maker activity at BX Swiss was expanded to around 4,000 lines. In 2020, Lang & Schwarz Exchange (LS-X) significantly increased business volume and established itself as one of the main trading venues in Germany, with 50,000 own issues in the year; Lang & Schwarz Broker GmbH returned its licenses to BaFin and continued to provide IT services. In 2021, Lang & Schwarz was voted third among national issuers in the Publikums-Zertifikate-Award. In 2022, Lang & Schwarz Broker GmbH was renamed Lang & Schwarz Gate GmbH, and P3 finance GmbH was founded as a joint venture of P3 group GmbH and Lang & Schwarz AG. In 2023, modernized business premises at the company headquarters in Düsseldorf were completed and occupied. In 2024, the subsidiary P3 finance GmbH successfully went live with its own high-performance and innovative trading platform 'onelink'.

Leading platform for over-the-counter trading in Germany; market maker and liquidity provider.

• Structured products

  Developed and issued under the company's own name

• Wikifolio index certificates

  Issued by Lang & Schwarz; more than 5,000 issued by 2016

• Lang & Schwarz Exchange (LS-X)

  Trading platform for equities, ETFs, ETCs, ETNs and bonds

• onelink

  Trading system operated by P3 finance GmbH at Lang & Schwarz Exchange

1. 1Startseite - Lang & Schwarzls-d.de
2. 2Geschichte - Lang & Schwarzls-d.de