xetra
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Table of Contents
Deutsche Börse (Xetra)
Xetra is the priamry equities market in the Deutsche Börse Group.
Homepage
Currency: Euro (EUR)
Trading Hours & Calendar
Trading Summary
Xetra is the Deutsche Börse's fully electronic trading platform, more details can be found here.
Lit Order-types
- Limit Buy/Sell (DAY/IOC)
- Market Buy/Sell (DAY)
Available ATS
Basic Market Rules
- Lot Size is 1
- Tick Size variest by price and security type as defined here. Tick size for most equities is as follows:
| Price Range (Euro) | Tick Size (Euro) |
|---|---|
| 0 to 9.999 | 0.001 |
| 10 to 49.995 | 0.005 |
| 50 to 99.99 | 0.01 |
| 100 and greater | 0.05 |
- Short Sale Rules: Naked short selling is prohibited, locate required.
- Circuit Breakers: Xetra has safeguards in place during both the auction and continuous trading phases as described in Section 10 of the Xetra Market Model.
Auction Mechanisms
Open
Close
Additional Info
See Also
References
xetra.1374003170.txt.gz · Last modified: 2017/03/14 12:37 (external edit)