Market Surveillance in Germany

Market Surveillance in GermanyMarket Surveillance ensures the proper conduct of trading

Functioning market surveillance is essential for exchange trading to be conducted properly and prices to be determined in a manner consistent with regulations. In Germany, several institutes cooperate closely in this sector.

Federal Financial Supervisory Authority (BaFin) Exchange Supervisory Authority (BAB)
Trading activities and market participants
Trading Surveillance Office (TSO)
Their aim is to ensure national and international standards are upheld.

Overview of content

TSO supervises Trading Activities

The Trading Surveillance Office (TSO) is an independent supervisory body of the exchange in the meaning of section 7 of the German Exchange Act, and part of Market Surveillance. It supervises exchange trading, exchange business settlement, and in particular, price determination in the Cash Market (Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange)
). Cross-exchange surveillance under one roof has the advantage of it being possible to conduct cross-market analyses, meaning that interaction between the cash and futures markets can be taken into account in the regulatory analysis as well.

Particularly, if they have suspicions that there may be irregularities in quotations and exchange trading, market participants can contact the TSO directly.

Contact

Trading Surveillance Office (Xetra/FWB) investor hotline

Germany

Service times
Monday to Friday, 8 a.m. to 8 p.m. CET

+49-(0) 08 00-23 020 23

+49-(0) 69-2 11-1 42 98

huest@deutsche-boerse.com

Contact

Trading Surveillance Office (Eurex) investor hotline

Germany

Service times
Monday to Friday, 8 a.m. to 10 p.m. CET

+49-(0) 69-2 11-1 13 50

+49-(0) 69-2 11-1 43 97

surveillance@eurexchange.com