Berliner

Berliner Effektengesellschaft AG can grow parent earnings through dividends from its investments, provided Tradegate AG continues contributing, while the concentration of income in Tradegate remains the main risk to that thesis. The firm has no operating business, and nearly 100% of its income comes from dividends on its holdings, chiefly from its majority stake in Tradegate AG. Net income for 2025 reached 21.04 million euros, up 29.3% from 16.27 million euros in the prior year.

In the first half of 2026, Tradegate AG drove the group result of Berliner Effektengesellschaft AG, as trading turnover climbed 15% to 281 billion euros and ordinary-activity results jumped 63.74% to 66.11 million euros.

Berliner Effektengesellschaft AG's earnings are concentrated in Tradegate AG, so weaker trading at that majority-held subsidiary could pressure the holding company's dividend-derived income. The firm has no operating business, and nearly 100% of its income arrives as investment dividends.

In the first half of 2026, Tradegate AG carried Berliner Effektengesellschaft AG's group result, with trading turnover rising 15% to 281 billion euros and ordinary-activity results rising 63.74% to 66.11 million euros.

Berliner's group spans several capital-market services, with its Tradegate exchange executing private-investor orders across an extended daily trading window. Through its subsidiaries, the firm offers market making, direct brokerage, asset management, and robo-advisory. Tradegate lists more than 20,000 securities for trading from 7:30 a.m. to 10 p.m.

Gettex lists more than 1 million securities and charges no trading or exchange fees.