Prime Standard is a market segment of the Frankfurt Stock Exchange

Frankfurt Stock Exchange

The Frankfurt Stock Exchange is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company...

 that lists German

Germany

Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

 companies which comply with international transparency standards. The requirements are higher than in General Standard

General Standard

General Standard is a market segment of the Frankfurt Stock Exchange.Companies which belong to General Standard have to fulfill minimum requirements in terms of transparency regulated by law. Stock issuers with a focus on national German markets are appropriate to General Standard. To be listed in...

 which is regulated by law. This higher standard includes quarterly reporting in German and English, application of international accounting standards (IFRS

International Financial Reporting Standards

International Financial Reporting Standards are principles-based standards, interpretations and the framework adopted by the International Accounting Standards Board ....

/IAS or US-GAAP), publication of a financial calendar, staging of at least one analyst conference a year and ad-hoc disclosure also in English.

All companies listed in DAX

DAX

The DAX is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the electronic Xetra trading system...

, MDAX

MDAX

The MDAX is a stock index which lists German companies. The index is calculated by Deutsche Börse.It includes the 50 Prime Standard shares from sectors excluding technology that rank immediately below the companies included in the DAX index...

, TecDAX

TecDAX

The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market capitalization the companies rank below those included in the DAX.The TecDax was introduced on 24 March 2003...

 and SDAX

SDAX

The SDAX is a stock market index composed of 50 small and medium-sized companies in Germany. These so-called small caps rank directly below the MDAX shares in terms of order book volume and market capitalization...

have to belong to Prime Standard.