Berliner Effektengesellschaft AG is
a corporate group whose holdings provide innovative services related to
the capital markets, ranging from market making and direct brokerage to asset management and robo-advisory. The company originated from Berliner Frei-verkehr (Aktien) GmbH, founded in 1986
Innovative Capital Market Services with Tradition
Berliner Effektengesellschaft AG is
a corporate group whose holdings provide innovative services related to
the capital markets, ranging from market making and direct brokerage to asset management and robo-advisory. The company originated from Berliner Frei-verkehr (Aktien) GmbH, founded in 1986
by then stockbroker and current CEO, Holger Timm. Over the past decades, the company and its subsidiary, Tradegate AG, have played a decisive role in shaping the German and European stock exchange landscape.
Management Board
Holger Timm
Chief Executive Officer
Holger Timm, whose career began in 1986 as a stockbroker at the Berlin Stock Exchange, is the founder and majority shareholder of Berliner Effektengesellschaft AG. At the same time, he is CEO of the group company Tradegate AG, which has acted as Market Specialist for all equities and ETFs at Europe’s largest retail investor exchange – Tradegate BSX – for more than 20 years. In the associated investment Quirin Privatbank AG, he serves as Chairman of the Supervisory Board, representing the interests of Berliner Effektengesellschaft AG.
Max Timm
Member of the Management Board
Max Timm – son of CEO Holger Timm – was appointed as a member of the Management Board of Berliner Effektengesell-
schaft AG on January 2, 2021. Since graduating in Business Administration from King's College London in 2017, he has been managing director of H.T.B. Unternehmensbeteiligung GmbH,
which is, among other things, a major shareholder in Berliner Effektengesellschaft AG. In addition, he was appointed Chief Representative of the group company Tradegate AG on 1 July 2025.
Supervisory Board
Frank-Uwe Fricke
Chairman of the Supervisory Board
Prof. Dr. Jörg Franke
Deputy Chairman of the
Supervisory Board
Dr. Wolfgang Janka
Member of the Supervisory Board
Corporate Structure
From Stockbroker to
Capital Market Service Provider
2024
The subsidiary Tradegate AG Wertpapierhandelsbank is renamed Tradegate AG.
The trading app tradegate.direct is launched, enabling retail investors to trade directly at Europe’s most liquid trading venue, Tradegate Exchange (now Tradegate BSX), for the first time.