mwbFairtrade Logo

Fairness at mwb:

The clue is in the name.

About us

Is there even such a thing nowadays as down-to-earth stock exchange experts? Those whose word is their bond, who never promise more than they can actually deliver? We think so. That's why the word "fair" is part of our full name: mwb fairtrade Wertpapierhandelsbank. Because we believe that integrity and reliability should be seen as fundamental elements of the financial markets.

We invite you to learn more about our values. And the people that make us who we are. Perhaps you would like to join us? Visit our "Careers" page for current employment opportunities.

We are a member of the Federal Association of Securities Trading Firms (Bundesverband der Wertpapierfirmen an den deutschen Börsen e.V.) and support the DVFA e.V. (Der Berufsverband der Investment Professionals).

Our philosophy

Acting responsibly


mwb values substance. We believe a sound capital ratio is just as important as sufficient liquidity. Our growth is organic and not open to experimentation.


Safe and secure: Every one of our transactions is executed with painstaking diligence. Whether it be a simple securities order or a complex capital market transaction. You can rest assured that you will always receive the best possible outcome.


Trust is based on openness. We act transparently, accountably and in your interests. Our corporate culture is rooted in honest dealing with our shareholders, clients, partners and employees.


Our word is our bond. As a company firmly rooted in Germany's mid-cap segment, we keep our feet on the ground and our nose to the grindstone.


mwb employs highly qualified experts. We are proud to be one of the most well-respected capital markets service providers in Germany and strive to live up to this reputation at all times.

Executive Board

Kai Jordan

Responsible for Corporates & Markets and Securities Trading

Until 1998 Jordan was deputy head of equity trading at Commerzbank Frankfurt and later departmental director Equity Capital Markets. Then he switched to the investment firm sector at a Frankfurt financial services provider and accompanied the development to a successful and diversified securities trading bank. In 2007 he was appointed to the board there. Jordan has been responsible for Corporates & Markets at mwb since August 2016.

Carsten Bokelmann

Responsible for Investor Relations, Communications, Finance, Accounting and Securities Settlement, HR, Organisation and IT

After completing his studies in business administration, the trained banker began his professional career at Mummert + Partner Unternehmensberatung AG. Carsten Bokelmann then moved to Steubing AG, where he took over the management of the internal audit department and was responsible for the implementation of regulatory issues. There he was appointed General Manager in July 2012 and was appointed to the Board in April 2015.

Supervisory Board

Thomas Mühlbauer (Chairman)

Mühlbauer, a banker and securities broker, has been with the company from the very beginning. He was a founding shareholder and served eleven years as Executive Board member responsible for trading at mwb. He has served on the Supervisory Board since 2013.

Hendrik Janssen (Vice-Chairman)

Janssen, a banker, economist and certified exchange trader, has been a member of mwb's Supervisory Board since July 2017. As the CEO of BÖAG Börsen AG and managing director of the Hamburg, Hanover and Düsseldorf Stock Exchanges, he knows our business inside and out.

Dr. Erik Lüders

Lüders, economist and experienced management consultant in the areas of strategy, banking and risk analytics has been a member of mwb's Supervisory Board since July 2022

Facts and figures

mwb at a glance 

Formed in1993
IPO in1999
Principal broking services licence granted in2001
Underwriting services licence granted in2006
Financial reportingSingle-entity financial statements in accordance with HGB (Handelsgesetzbuch – German Commercial Code)
Registered officeGräfelfing (near Munich)
Branch officesHamburg
Admitted to trading onMunich Stock Exchange
 Berlin Stock Exchange
 Frankfurt Stock Exchange
 Hamburg Stock Exchange
 Hanover Stock Exchange
 Düsseldorf Stock Exchange
 Stuttgart Stock Exchange
 Tradegate Exchange
Order books managedapproximately 44,000
Designated Sponsoring mandates124


Times change. Our values don't.


It took a great deal of entrepreneurial spirit to found a securities trading firm in 1993. Deutsche Telekom had yet to float its shares and there was no daily television commentary on stock prices. Indeed, securities were still bought and sold on the trading floor using hand signals, and electronic trading systems were still only in their infancy. mwb's beginnings stretch back to these days.

Exchange listing

It is natural for a broker to be listed on an exchange itself. This makes it possible to better understand the needs of one's own clients. mwb was listed on the Official Market in 1999. We have been listed in the m:access segment of the Munich Stock Exchange since 2009.


Electronic trading systems began their victory march after the turn of the millennium. One consequence of this was a consolidation process amongst exchange brokers. In order to safeguard and expand its leading position, mwb merged with the Hamburg-based Fairtrade Finance AG in 2008.


The financial crisis of 2007-2017 highlighted just how complex the capital markets have since become. As an expert, mwb thus also offers assistance to companies so that they can successfully operate on the stock markets. To that end, the "Capital Markets" segment was expanded in 2016 and rebranded "Corporates & Markets".

Looking ahead

Despite all of these changes, much has remained the same at mwb. For instance, how we think and act: down-to-earth, with diligence, transparency and openness. Values which are as timeless as is the need for people to take action.


A career with us

Your greatest asset? A passion for capital markets. At mwb, you will be right at the heart of the markets. Working in a team in which everyone pulls their own weight and takes responsibility. Amongst colleagues guided by shared values. We're not the stereotypical bankers in pin-striped suits. We're people who are looking to make a difference. Realistic, down-to-earth and results-oriented. Welcome to mwb fairtrade Wertpapierhandelsbank!

Unfortunately, there are currently no open positions. However, we are happy to receive applications from exceptionally talented individuals.

Your prospects for a successful future.

Contact: Bettina Schmidt