Leading the Transformation for Stronger Capital Markets and a Stronger Europe

Release date: May 21, 2026

Stephan Leithner, CEO of Deutsche Börse Group

During an ESMA conference and an internal global townhall in Paris, Stephan Leithner highlighted that a strong and competitive Europe needs deep, liquid public markets that support innovation, growth and fair old-age provisions. Stephan Leithner also emphasized Deutsche Börse Group’s European footprint and crucial role in building efficient, reliable, and innovative infrastructure for stronger capital markets. Stephan Leithner commented on this as follows:

“Merci, Paris! 

Intense day, starting with the European Securities and Markets Authority (ESMA) conference ‘A new era for Europe’s Capital Markets’. Congratulations, ESMA, on 15 years safeguarding financial stability, and for always launching the debate on how to create a stronger, innovative and prosperous future for Europe! 

On my panel with Dariusz Adamski, David Ripley, David Schwimmer, and Valérie Urbain, moderated by Natasha Cazenave, we discussed how to deepen market integration through public and private sector efforts. With our Deutsche Börse Group strategy ‘Leading the Transformation’, we are boosting market integration via innovation and partnerships, ensuring stability and trust, and creating the hybrid market infrastructure of the future to leverage new, digital processes and assets. My core message was: The EU needs deep, liquid public markets that support innovation, growth and fair old-age provisions. The MISP proposals include important steps to level the playing field. And we must go even further, especially by ensuring trust by restoring liquidity to lit, regulated markets as well as creating long-term oriented, private sector led frameworks for keeping up digital innovations. 

Paris is not only ESMA’s home but also an important location for our Deutsche Börse Group European footprint. Our ‘Leading the Transformation’ strategy was also at the center of our internal Global Townhall from our Paris office. Inspiring to meet with over 3,500 of our engineers of the capital markets to discuss how our businesses are building the efficient, reliable, and innovative infrastructure for stronger capital markets! From the 16,500 global members of our teams, more than 10,000 are located in Europe, 6,000 of them outside of Germany. Our strong European footprint was underscored by live contributions from Berlin from Thomas Book, from Luxembourg by Stephanie Eckermann, and from Copenhagen by Christian Kromann during our Townhall. Thank you to everyone who participated in the lively discussion!
 
Let’s continue to lead the transformation for stronger capital markets and a stronger, more autonomous Europe! Allons-y ensemble!”

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