Deutsche Börse plans to spend €18.5m over the next two years to expand its Frankfurt headquarters, as it moves on from the 2017 collapse of its merger with the London Stock Exchange.

The group said today that it will use the money to redevelop its visitor centre, build a new two-storey reception area for IPOs and bell-ringing events and add a 900 square metre public conference centre, which can be hired by listed companies for meetings and press conferences.