On May 24, 1944, the stock exchange building burned down after being hit in an air raid, the ruins were demolished in 1957 and 1958. For a long time, a few visible parts of the building (pillar parts, façade decoration) lay behind a construction fence that was still under construction from 2001 onwards. Börse Berlin after the Second World War After the war, the Berlin Stock Exchange in West Berlin was reopened. However, with all major corporations and banks leaving the city, the stock market never regained the importance it had before the war. In order to address internationalisation and growing consolidation pressure, Börse Berlin has pursued a successful niche strategy since the mid-nineties, with a particular focus on trading the widest possible range of foreign stocks. With the advent of MiFID (Markets in Financial Instruments Directive), the exchange has decided to realign itself completely with its new market segment Equiduct Trading, the exchange will be truly pan-European. Equiduct Trading will allow Börse Berlin to expand its service offering, which until recently was primarily addressing retail investors, by offering custom made solutions for professional market participants. Through the acquisition of a majority stake in EASDAQ NV, the sole owner of Equiduct Systems Ltd and the ETS trading platform, Börse Berlin has gained control of and access to a state-of-the-art electronic trading system. Börse Berlin will remain headquartered in Berlin (operating under the brand "Equiduct Trading"), but has opened additional offices in London and Paris in order to underline its pan-European ambitions. Professional market participants, that make use of the Equiduct Trading market model, can guarantee to their customers that their orders will receive best execution in accordance with MiFID regulations. London based Equiduct Systems, part of the Börse Berlin Equiduct Trading Group, will provide transaction services for Börse Berlin which will define the legal and regulatory framework of the Equiduct Trading segment. The Equiduct Trading segment is an integral part of the state-monitored and regulated Börse Berlin. In March 2003, Bremer Börse merged with the Berlin Stock Exchange to form the public-sector stock exchange "Börse Berlin-Bremen". In June 2007, this union was dissolved again. Since then, the institution of Börse Berlin exists. Börse Berlin today has its headquarters in Ludwig-Erhard-Haus designed by Nicholas Grimshaw at the Fasanenstraße 85 in the district Charlottenburg. Managing Director is Jörg Walter. Members of the Executive Board are Artur Fischer and Jörg Walter. See also