DOCSLIB.ORG

Science for a Better Life

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Science for a Better Life Financial Calendar Bayer Group Bayer Sustainable Development Report 2005 Bayer Sustainable Development Report 2005 Science For A Better Life Sustainable Development Report 2005 2005 q2 2006 Interim Report Tuesday, August 1, 2006* Sustainable Development Report 2005 This year’s Sustainable Development Report is also the first to depict the relevant information q3 2006 Interim Report for Bayer AG in its new structure – without Lanxess AG. It continues our Group’s long tradition Tuesday, October 31, 2006* of environmental and sustainability reporting that began with the publishing of our first report with economic, social and environmental data in 1976. Annual Stockholders’ Meeting 2007 Friday, April 27, 2007 * In the event of the successful acquisition of Schering AG, Reporting objectives and method lists the pages on which the Report provides infor- Payment of Dividend publication of the q2 and q3 2006 interim reports will be Like our previous reports, the Sustainable Develop- mation on the individual gri indicators. The state- Monday, April 30, 2007 deferred to later dates, which will be posted on the Internet ment Report 2005 is designed to give an insight ments provided here apply to all sites and activities at www.investor.bayer.com. into our commitment to sustainable development of the Bayer Group. Our environmental and safety Rahima Indira Hanifa, and is aimed primarily at stockholders, business data cover companies in which we have a share Indonesia, in front of Group Report Development Sustainable partners, employees and the media. However, the of more than 51 percent. A worldwide recording headquarters in Leverkusen publication also addresses non-governmental or- system is being established for some social per- Global commitment to the environment, education, sports and health ganizations, suppliers and authorities with whom formance indicators. This Report is published in “Controlled landfill to we want to further intensify our dialogue on achiev- German, English and Spanish. Our next Sustain- protect humans and the Life ter Social responsibility and sustainability are integral to Bayer’s corporate policy. The company puts t ing a rational balance between economic, social able Development Report is due to be published this commitment into practice through numerous initiatives around the world. Below you will find a environment” and ecological considerations. The brochure is in- in 2007. selection of logos for our various activities. Information on the sustainability indices which list Bayer In 2005 a huge garbage tended to demonstrate to the general public how dump in the City of Bandung we implement our commitment to the ten princi- is given on page 31 of this Report. www in West Java crashed down ples of the United Nations Global Compact (see ce For A Be For ce like an avalanche, killing n Upper row from left: Bayer has a long tradition of commitment to the concept of Responsible Care. e page 88). Through this publication we also comply Further information on the internet i c Since 1997 the company has been a member of the World Business Council for Sustainable Develop- many people with it. The S with the oecd Guidelines for Multinational Enter- The printed publication is supplemented by fur- ment, and was a founding member of the “econsense” forum for sustainable development of German accident was the result of a prises, 2000 revision (“Disclosure”). ther information given on our website. The Report business and the United Nations Global Compact initiative. huge population explosion, contains references to enable easier access: Under rising waste volumes and Bayer: We have aligned ourselves to the guidelines of the www.sd2005.bayer.com you will find a page enti- Middle row from left: Since 2004 Bayer has been an organizational stakeholder of the Global Re- inadequate regulation of Global Reporting Initiative (gri) on sustainability tled “Additional Info Links.” Here, all references are porting Initiative (gri). Bayer has recently intensified its partnership with unep. Bayer is also the waste management. Rahima reporting, and are actively involved in its further listed with a corresponding code number. By click- first non-u.s. company to partner National Geographic in a scientific cooperation project to protect Indira Hanifa, who studies development. An index on the back inside cover ing on these you will go to the desired information. drinking water. environmental technology in Bandung (Indonesia), has Lower row from left: Bayer supports the Brazilian Abrinq Foundation to exclude child labor and plays taken up this problem and an active role in the Global Business Coalition on hiv/aids. It also cooperates with the Global Alliance developed concepts for for tb Drug Development and is an official partner of the “Germany – Land of Ideas” initiative. improved waste management control: “I would like to help bring the issue of sustainabil- ity to the top of the political Bayer Group Key Data agenda here.” You can find out more about 2004 2005 Change the Environmental Envoys € million % whose projects we are featur- Net sales 23,278 27,383 17.6 ing in this Report on page 3. EBITDA1 3,834 4,647 21.2 Operating result (EBIT) 1,875 2,812 50.0 Income before income taxes 1,222 2,199 80.0 Net income 685 1,597 133.1 Stockholders’ equity (total, i.e. including discontinued operations) 10,943 11,157 2.0 Total assets (total, i.e. including discontinued operations) 37,588 36,722 – 2.3 Capital expenditures 977 1,388 42.1 Employees at year end2 91,700 93,700 2.2 Personnel expenses 6,026 5,912 – 1.9 Research and development expenses 1,927 1,886 – 2.1 Science For A Better Life 1 ebitda: Operating result (ebit) plus depreciation and amortization 2 A table indicating the distribution of employees according to region can be found on page 78. Financial Calendar Bayer Group Bayer Sustainable Development Report 2005 Bayer Sustainable Development Report 2005 Science For A Better Life Sustainable Development Report 2005 2005 q2 2006 Interim Report Tuesday, August 1, 2006* Sustainable Development Report 2005 This year’s Sustainable Development Report is also the first to depict the relevant information q3 2006 Interim Report for Bayer AG in its new structure – without Lanxess AG. It continues our Group’s long tradition Tuesday, October 31, 2006* of environmental and sustainability reporting that began with the publishing of our first report with economic, social and environmental data in 1976. Annual Stockholders’ Meeting 2007 Friday, April 27, 2007 * In the event of the successful acquisition of Schering AG, Reporting objectives and method lists the pages on which the Report provides infor- Payment of Dividend publication of the q2 and q3 2006 interim reports will be Like our previous reports, the Sustainable Develop- mation on the individual gri indicators. The state- Monday, April 30, 2007 deferred to later dates, which will be posted on the Internet ment Report 2005 is designed to give an insight ments provided here apply to all sites and activities at www.investor.bayer.com. into our commitment to sustainable development of the Bayer Group. Our environmental and safety Rahima Indira Hanifa, and is aimed primarily at stockholders, business data cover companies in which we have a share Indonesia, in front of Group Report Development Sustainable partners, employees and the media. However, the of more than 51 percent. A worldwide recording headquarters in Leverkusen publication also addresses non-governmental or- system is being established for some social per- Global commitment to the environment, education, sports and health ganizations, suppliers and authorities with whom formance indicators. This Report is published in “Controlled landfill to we want to further intensify our dialogue on achiev- German, English and Spanish. Our next Sustain- protect humans and the Life ter Social responsibility and sustainability are integral to Bayer’s corporate policy. The company puts t ing a rational balance between economic, social able Development Report is due to be published this commitment into practice through numerous initiatives around the world. Below you will find a environment” and ecological considerations. The brochure is in- in 2007. selection of logos for our various activities. Information on the sustainability indices which list Bayer In 2005 a huge garbage tended to demonstrate to the general public how dump in the City of Bandung we implement our commitment to the ten princi- is given on page 31 of this Report. www in West Java crashed down ples of the United Nations Global Compact (see ce For A Be For ce like an avalanche, killing n Upper row from left: Bayer has a long tradition of commitment to the concept of Responsible Care. e page 88). Through this publication we also comply Further information on the internet i c Since 1997 the company has been a member of the World Business Council for Sustainable Develop- many people with it. The S with the oecd Guidelines for Multinational Enter- The printed publication is supplemented by fur- ment, and was a founding member of the “econsense” forum for sustainable development of German accident was the result of a prises, 2000 revision (“Disclosure”). ther information given on our website. The Report business and the United Nations Global Compact initiative. huge population explosion, contains references to enable easier access: Under rising waste volumes and Bayer: We have aligned ourselves to the guidelines of the www.sd2005.bayer.com you will find a page enti- Middle row from left: Since 2004 Bayer has been an organizational stakeholder of the Global Re- inadequate regulation of Global Reporting Initiative (gri) on sustainability tled “Additional Info Links.” Here, all references are porting Initiative (gri). Bayer has recently intensified its partnership with unep. Bayer is also the waste management. Rahima reporting, and are actively involved in its further listed with a corresponding code number.
Load more

Recommended publications
  • Market Data from Deutsche Börse
    Market Data + Services Market data from Deutsche Börse Real-time. Reliable. Relevant. Deutsche Börse is a global German company Providing access to international capital markets Market data from Deutsche Börse 3 Deutsche Börse Group A global market operator Deutsche Börse Group, whose history dates back to 1585, is today one of the largest exchange organisations world-wide. The Group is headquartered in Germany and has more than 4,000 employees working to provide investors, financial institutions and companies access to global capital markets. Deutsche Börse Group’s integrated business model covers the entire process chain from securities and derivatives trading, clearing, settlement and custody, through to market data and the development and operation of electronic trading systems. Deutsche Börse Group owns the derivatives trading venue Eurex Exchange, as well as the settlement and custody business Clearstream. The Group’s market data business, operated by Market Data + Services, is trusted by more than 2,500 institutions and 160,000 subscribers. Deutsche Börse Group’s business areas Deutsche Börse Group Eurex Xetra Clearstream Market Data + Exchange Services Cash Settlement, market trading financing services Derivatives Information, indices, market trading tools, market solutions Simplified illustration Trademarks AlphaFlash ®, CEF ®, DAX ®, Eurex ® and Xetra ® are registered trademarks of Deutsche Börse AG. STOXX ® and EURO STOXX 50 ® are registered trademarks of STOXX Limited. Information is the basis for successful decision making
    [Show full text]
  • Allianz SE File No
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ' DIVISION OF MARKET REGULATION March 23,2007 Nikolaos G. Andronikos, Esq. Sullivan & Cromwell LLP 125 Broad Street New York, NY 10004 Re: Allianz SE File No. TP 07-51 Dear Mr. Andronikos: In your letter dated March 23,2007, as supplemented by conversations with the staff, you request on behalf of Allianz SE ("Allianz") an exemption fiom Rule 102 of Regulation M under the Securities Exchange Act of 1934 ("Exchange Act") in connection with the exchange offer ("Offer") being conducted by Allianz and its wholly-owned subsidiary, Allianz Holding France SAS, for all outstanding shares ("AGF Shares") in Assurances Gknkrales de France ("AGF") that they do not already own. Pursuant to the Offer, AGF shareholders will have the right to exchange their AGF Shares for a fixed sum of cash and shares of Allianz ("Allianz Shares"). You seek an exemption to permit Dresdner Bank AG ("Dresdner Bank"), a separate subsidiary of Allianz, to conduct specified transactions outside the United States in Allianz Shares during the distribution of Allianz Shares represented by the Offer. Specifically, you request that Dresdner Bank be permitted to continue to engage in market-making, derivatives market-making and hedging, and unsolicited brokerage activities as described in your letter.' You also seek an exemption to permit Dresdner Kleinwort Securities LLC ("Dresdner Kleinwort Securities"), Dresdner Bank's affiliated U.S. broker-dealer, to engage in unsolicited brokerage activities as described in your letter. We have attached a copy of your correspondence to avoid reciting the facts set forth therein.
    [Show full text]
  • Division of Trading and Markets No-Action Letter: Deutsche Bank
    UN ITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 DIVI SIO N O F TRADIN G A ND M A R KETS June 4, 2014 Ward A. Greenberg Cleary Gottlieb Steen & Hamilton LLP Main Tower Neue Mainzer Strasse 52 60311 Frankfurt am Main Germany Re: Deutsche Bank Aktiengesellschaft File No. TP 14-11 Dear Mr. Greenberg: In your letter dated June 4, 2014 as supplemented by conversations with the staff of the Division ofTrading and Markets, you request on behalf ofDeutsche Bank Aktiengesellschaft ("Deutsche Bank"), a corporation organized under the laws of the Federal Republic ofGermany, an exemption from Rules 101 and 102 ofRegulation M under the Securities Exchange Act of 1934 ("Exchange Act") in connection with a rights offering announced by Deutsche Bank (the "Rights Offering") and the related global offering (the "Global Offering," together with the Rights Offering, the "Offerings"). 1 You seek exemptive relief to permit Deutsche Bank and certain Deutsche Bank Affiliates, including CB&S, DeAWM, and Treasury, to conduct specified transactions outside the United States in Deutsche Bank Shares during the Offerings. Specifically, you request that: (i) CB&S be permitted to continue to engage in market making and principal client facilitation activities as described in your letter; (ii) CB&S be permitted to continue to engage in derivatives and other financial instrument market making and hedging activities as described in your letter; (iii) CB&S be permitted to continue to engage in unsolicited brokerage activities as described in your letter; (iv) DeAWM be permitted to continue to engage in asset management activities as described in your letter; and (v) Treasury be permitted to continue to engage in employee share and option plan activities as described in your letter.
    [Show full text]
  • REGULATED MARKET for HIGHLY LIQUID TRADING Liquid
    Xetra. The market. REGULATED MARKET FOR HIGHLY LIQUID TRADING Liquid. Regulated. Reliable. XETRA: BENEFITS 2 There are many things that make Xetra the ideal trading venue for investors worldwide: maximum liquidity, low transaction costs and maximum security. Plus the people who make sure this will still be the case tomorrow. XETRA: BENEFITS 3 TRADE ON THE NUMBER 1 VENUE FOR GERMAN EQUITIES Welcome to Xetra, the undisputed number 1 in Europe for German equities trading and – with a network spanning 18 countries – one of the world’s leading trading venues. Not only does Xetra® host over 200 of asset classes. Many also praise Xetra’s Xetra – all benefits at the most important trading players on the gapless service chain and efficient a glance: European capital market, it is also the straight-through processing, while still • high trading volumes for reference market for fixing the prices of others see the central counterparty, German equities German securities at many other trading which plays a crucial role in risk man- • low transaction costs venues. agement, as a very important factor. • international network of participants from Xetra: one trading venue – many But all of them swear by the trading sys- 18 countries benefits tem’s secure technology, which ensures • diversified product range If the around 4,000 traders on Xetra were that Xetra is not only fast but also ex- comprising equities, ETFs, asked why this venue is so successful tremely stable and reliable – with system ETNs and ETCs one would hear a wide range of answers. availability of nearly 100 per cent. • transparency of a Many would definitely point to the high regulated market liquidity and the resulting extremely low As you can see, there are many different • lower risk and anonymity transaction costs, while others would reasons why you should opt for Xetra.
    [Show full text]
  • Corporate Presentation (Pdf)
    MTU Aero Engines – Driven by visions of tomorrow March 2021 Agenda Our 1 environment Our 2 track record Our 3 expertise Your 4 questions 1 Our environment We shape the future of aviation! Fuel consumption per 100 passenger kilometers: 2.9 liters of kerosene Nearly doubling the active fleet to 48,000 aircraft by 2040 A passenger aircraft is made up of up to 6 million components The geared turbofan reduces ~ 2 billion people 75% of the noise footprint out of 7,6 billion have flown in an aircraft to date We shape the future of aviation! What we do How we do it Design, development, production and support of aircraft engines People: Around 10,000 engine experts at 16 locations in all thrust categories Partnerships: with all OEMs, airlines and the German Air Force Commercial business: 30% of aircraft have MTU technology on (program shares from 5% up to 40%) board Military business: full system capability, for more than 80 years Technology: 150 technology projects, 400 patents and 200 invention disclosure reports per year Commercial MRO: worldwide leader in customized engine service solutions Products: High-pressure compressor, low-pressure turbine, turbine center frame MRO portfolio: 1,100+ shop visits per year for more than 30 different engine types Process: Lifetime Excellence (lifecycles from 25 to 50 years) Fiscal year 2020: Revenue around € 4 billion,EBIT adj. € 416 million Culture: innovative and competent ~ tenfold* increase in share value since 2005 € 4 billion invested in approx. 10 years * Basis: 30 December 2020 March 2021 5 © MTU Aero Engines AG. The information contained herein is proprietary to the MTU Aero Engines group companies.
    [Show full text]
  • Notes to the Consolidated Financial Statements of the Bayer Group
    Five-Year Summary Bayer Annual Report 2018 Five-Year Summary 2014 2015 2016 2017 2018 Bayer Group (€ million) Sales 41,339 46,085 34,943 35,015 39,586 EBITDA1 8,315 9,573 8,801 8,563 10,266 1 EBITDA before special items 8,685 10,256 9,318 9,288 9,547 1 EBITDA margin before special items (in %) 21.0 22.3 26.7 26.5 24.1 EBIT1 5,395 6,241 5,738 5,903 3,914 1 EBIT before special items 5,833 7,060 6,826 7,130 6,480 Income before income taxes 4,414 5,236 4,773 4,577 2,318 Net income (from continuing and discontinued operations) 3,426 4,110 4,531 7,336 1,695 1 Earnings per share (from continuing and discontinued operations) (€) 4.14 4.97 5.44 8.29 1.80 1 Core earnings per share (from continuing operations) (€) 5.89 6.82 6.67 6.64 5.94 Net cash provided by operating activities (from continuing and discontinued operations) 5,810 6,890 9,089 8,134 7,917 Net financial debt 19,612 17,449 11,778 3,595 35,679 2 Capital expenditures (as per segment table) 2,484 2,554 2,627 2,418 2,564 Bayer AG Total dividend payment 1,861 2,067 2,233 2,402 2,611 Dividend per share (€) 2.25 2.50 2.70 2.80 2.80 Innovation Research and development expenses (€ million) 3,537 4,274 4,405 4,504 5,246 Ratio of R&D expenses to sales – Pharmaceuticals (%) 15.6 16.0 16.7 16.2 15.5 Ratio of R&D expenses to sales – Crop Science (%) 10.3 10.7 11.7 11.7 13.0 Employees in research and development3 13,900 14,753 14,213 14,041 17,275 Employees 3 Number of employees (Dec.
    [Show full text]
  • Allianz AG: Request for Exemptive Relief from Rules 101 and 102 of Regulation M Dear Mr
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON. D.C. 20589 DIVISION OF MARKET REGULATION April 10,2003 David B. Rams, Esq- SuUivan & CromweIl 125 Broad Street Ncw York, NY f 0004 Re: Allianz hG File No. TP 03-57 Dear Mi. Harms: In your letter dated April 10,2003,as mpplemmted by convexsations with the staff, you request on behalf of AKam Aktiengesellschaft (Company or Allianz) an exemption from Rules 101 and 102 of Wgnlation M undm the Seaxities and Exchange Act of 1934 (Exchange Act) in w~lflectio~with the rights offering (Rights Offering) by AUim and the related underwritten offering by Atlianz (Underwritten Offering, together with the Righ& Off&& the 0ffkxin.g~). You seek an exemption to permit Dresdner Bank, a separate subsidiary of the Company, to conduct specified transactions outside the United States in AUim Shares during the distnibutions. Specifically, you reqt~est,that Dresdner Bank: be permitted to continue to engage in market-making, dexivatives market ma.kiug and hcdag, and unsolicited brokerage activities as dcsmied in your letter.' You atso seek an exemption to pdtDresdner R],&wort Wasserstein Secdes LLC @rKW Securities), Dresdner Bank's affiliated U.S. broker-dealer, to engage in unsolicited brokerage activities as descriied in you letter. We have attached a copy of your correspondence to avoid reciting the facts set forth therein. Unless otherwise noted, each defined term in our respomc has the same meaning as defined in your letter. Respouse: Based on the facts and representations that you have made 16. ydur letter, but without necessarily concurring in your analysis, the Commission hmby grants the Company an exemption from Rules 1 01 and 102 of Re,oulation M to permit Dresdner Bank, DrKW Securities Thc unsolicited brokerye activities of Dresdner Bank include M unsolicited brokerage activities of its afEliate hsddet Kleipwort Wassmtcin Securities Limited (DrlW Securities Ltd.) in the Unitcd Kingdom David B.
    [Show full text]
  • DAX Aus Frankfurt
    www.deutsche-boerse.com JAHRE DAX Aus Frankfurt. Für die Welt. DAX. 30 Jahre. 30 Fakten. 1 7 DAX ® wurde gemeinsam von der Deutsche Börse AG (damals noch die Frankfurter Wertpapierbörse AG), der Seit dem 13. August 2002 bestehen sog. Fast-Entry- und Fast-Exit-Regeln. Dies ermöglicht Unternehmen, die Arbeitsgemeinschaft der Deutschen Wertpapierbörsen und der Börsen-Zeitung entwickelt, dessen historische sich besonders eindeutig für einen Index qualifizieren, auch zu den vierteljährlichen Neugewichtungen in den Zeitreihe bis 1959 zurückreicht. Index aufgenommen zu werden. Ebenso können Unternehmen, die die Indexkriterien deutlich verletzen, zu den- selben Terminen aus dem Index herausgenommen werden. Mit dieser Regelung wird sichergestellt, dass große Veränderungen in der Unternehmenslandschaft zeitnah in der Indexwelt abgebildet werden können. 2 Historische Entwicklung des DAX seit 1987 8 Einführung am 1. Juli 1988 bei einem Stand von 1.163 Punkten Einmal jährlich im September wird die DAX-Zusammensetzung überprüft. 3 9 Basisdatum ist der 30. Dezember 1987, der Basiswert beträgt 1.000 Punkte Für die Aufnahme in DAX qualifizieren sich solche Unternehmen, die ihren 4 juristischen oder operativen Sitz in Deutschland haben oder die einen Schwerpunkt des Handelsumsatzes an DAX enthält die 30 größten und umsatz- der FWB und ihren Hauptsitz in einem stärksten Unternehmen an der Frankfur- EU- oder EFTA-Staat haben. Zusätzlich ter Wertpapierbörse (FWB®). müssen die Unternehmen im Prime Standard notiert sein, dem Segment mit den höchsten Transparenzanforderungen. 5 10 DAX ist ein Produkt sowie eine eingetra- gene Wort- und Bildmarke der Deutsche Börse AG. DAX wurde zunächst alle 60 Sekunden, dann alle 15 Sekunden berechnet – seit Januar 2006 im Sekundentakt.
    [Show full text]
  • Eurex® IOC Liquidity Indicator
    Historical Data on Demand Product: Eurex® IOC Liquidity Indicator File Description Field Format Definition DATE Current business date Date (YYYY.MM.DD) Technical instrument-identifier, see SecurityID LONG refdata-file for reference Time of calculation of the statistic VARCHAR MDStatisticTime with nanosecond time precision (HH24:MI:SS.NS) (UTC) MDStatisticID INTEGER Unique statistics identifier MDStatisticName VARCHAR Acronym for statistics MDStatisticValue VARCHAR Calculated statistics value The Eurex IOC Liquidity Indicator is provided for the following most liquid options listed on the Eurex Exchanges T7 trading system: Product code Product Category Product Name OGBS Fixed Income Options Options on Euro-Schatz Futures ODAX Index Options DAX® Options EURO STOXX 50 Index Dividend OEXD Index Options Options OESX Index Options EURO STOXX 50® Index Options OESB Index Options EURO STOXX® Banks Options OKS2 Index Options KOSPI 200 OSMI Index Options SMI® Options OVS Volatility Index Options VSTOXX Options ADS DAX Equity Options Adidas ALV DAX Equity Options Allianz BAS DAX Equity Options BASF BAY DAX Equity Options Bayer BEI DAX Equity Options Beiersdorf BMW DAX Equity Options BMW Version 1.0 CBK DAX Equity Options Commerzbank CON DAX Equity Options Continental DAI DAX Equity Options Daimler DBK DAX Equity Options Deutsche Bank DB1 DAX Equity Options Deutsche Börse DPW DAX Equity Options Deutsche Post DTE DAX Equity Options Deutsche Telekom EOA DAX Equity Options E.ON FRE DAX Equity Options Fresenius FME DAX Equity Options Fresenius Medical
    [Show full text]
  • Leitfaden Zu Den Aktienindizes Der Deutsche Börse AG
    Leitfaden zu den Aktienindizes der Deutsche Börse AG Version 9.3.0 Gültig ab 23. September 2019 Veröffentlicht am 26. Juni 2019 Deutsche Börse AG Version 9.3.0 September 2019 Leitfaden zu den Aktienindizes der Deutsche Börse AG Seite 2 Allgemeine Information Um die hohe Qualität der von der Deutsche Börse AG berechneten Indizes sicherzustellen, wird die Zusammenstellung und Berechnung der Aktienindizes auf Basis des vorliegenden Leitfadens zu den Aktienindizes der Deutsche Börse AG („Leitfaden“) mit größtmöglicher Sorgfalt durchgeführt. Die Deutsche Börse AG gewährleistet nicht die fehlerfreie Berechnung der Indizes sowie der sonstigen für die Zusammenstellung und Berechnung der Indizes erforderlichen Kennziffern entsprechend dem vorliegenden Leitfaden. Sie übernimmt keine Haftung für direkte oder indirekte Schäden, die aus einer fehlerhaften Berechnung der Indizes oder der sonstigen Kennziffern entstehen. Entscheidungen über die Art und Weise der Berechnung ihrer Aktienindizes trifft die Deutsche Börse AG grundsätzlich nach Anhörung des Arbeitskreis Aktienindizes nach bestem Wissen und Gewissen. Die Deutsche Börse AG überprüft jedes Quartal die Gültigkeit Ihrer Indexkonzepte und die Regeln zur Indexberechnung. Zu diesem Zweck wird der Arbeitskreis Aktienindizes als beratendes Gremium angehört. Die Deutsche Börse AG besitzt die Möglichkeit eine darüber hinausgehende Marktkonsultation durchzuführen. Entscheidungen zu Änderungen von Indexregeln werden mit angemessenem Vorlauf öffentlich angekündigt. Die Deutsche Börse AG haftet auch nicht für Schäden die aus den vorgenannten Entscheidungen entstehen. Die Aktienindizes der Deutsche Börse AG sind keine Empfehlung zur Kapitalanlage oder einem sonstigen Investment. Insbesondere ist mit der Zusammenstellung und Berechnung der Indizes keine Empfehlung der Deutsche Börse AG zum Kauf oder Verkauf einzelner oder in einem Index zusammengefasster Wertpapiere verbunden.
    [Show full text]
  • Market Data from Deutsche Börse Real-Time
    1 Data Services Market data from Deutsche Börse Real-time. Reliable. Relevant. 2 Deutsche Börse Group A global market operator Deutsche Börse Group, whose history dates back to 1585, is today one of the largest exchange organisations world-wide. The Group is headquartered in Germany and has more 6,000 employees working to provide investors, financial institutions and companies access to global capital markets. Deutsche Börse Group’s integrated business model covers the entire process chain from securities and derivatives trading, clearing, settlement and custody, through to market data and the develop- ment and operation of electronic trading systems. Deutsche Börse Group owns the derivatives exchange Eurex Exchange, the securities exchange Xetra, as well as the settlement and custody business Clearstream. Through its subsidiary Qontigo, Deutsche Börse calculates the well-known STOXX and DAX indices. The Group’s market data business, operated by Data Services, is trusted by more than 4,000 institutions and 410,000 subscribers. Data Services also supports other exchanges and cooperation partners in the distribution and licensing of their market data, among others, these are BSE India, Taiwan Futures Exchange (TAIFEX) and the Bulgarian Stock Exchange. Deutsche Börse Group’s business areas Deutsche Börse Group Eurex Xetra Clearstream Qontigo Data Services Exchange Cash (securities) Settlement, STOXX and Real-time data, Derivatives market trading financing DAX Indices historical data, market trading services index data, analytics Simplified
    [Show full text]
  • Deutsche Bank Aktiengesellschaft File No
    l . UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 DIViSiON OF TRADING AND MARKETS September 16, 2010 Ward A. Greenberg Cleary Gottlieb Steen & Hamilton LLP Main Tower Neue Mainzer Strasse 52 60311 Frankfurt am Main Germany· Re: Deutsche Bank Aktiengesellschaft File No. TP 10-67 Dear Mr. Greenberg: In yout letter dated September 16, 2010 as supplemented by conversations with the staffofthe Division ofTrading and Markets ("Staff'), you request on behalf ofDeutsche Bank Aktiengesellschaft, a corporation organized under the laws of the Federal Republic of Germany ("Deutsche Bank"), an exemption from, or confirmation that the Staff will not recommend that the Securities and Exchange Commission (the "Commission") take enforcement action under, Rules 101 and I02 ofRegulation M under the Securities Exchange Act of 1934 ("Exchange Act") in connection with a rights offering announced by Deutsche Bank (the "Rights Offering") and the related global offering (the "Global Offering," together with the Rights Offering, the "Offerings"). You seek exemptive or no-action relief to permit Deutsche Bank and certain Deutsche Bank Affiliates, including business divisions Corporate arid Investment Bank ("CIB"), Private Wealth Management ("PWM"), Asset Management ("AM"), and Detlt$che8ank's grouptreasury.~epartm~nt ("Treasury"), to. conduct specified transactions outSide the United' States inDeutsche Bank S:naresduring theOfferings, Specifica,Uy, you request that: (i) eIB' be permitted,to continueto engage in market making and principal
    [Show full text]