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xetra

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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

The opening and closing auction mechanisms are explained in detail in the Xetra Market Model section 9.

Open

Close

Additional Info

See Also

References

xetra.1374513473.txt.gz · Last modified: 2017/03/14 12:37 (external edit)