Quotation Board

Quotation Board

Access to the Quotation Board is possible for securities that are neither admitted to the Regulated Market of FWB® the Frankfurt Stock Exchange nor included in trading in the same Regulated Market. In addition to bonds and funds, only shares are included in the Quotation Board as are already admitted to another exchange trading venue recognised by Deutsche Börse AG inside or outside Germany.

In the case of the Quotation Board, the applicant is the member filing the application who shall also be a Specialist in the “Continuous Auction” trading model. As of inclusion, the member filing the application undertakes to provide information on capitalisation measures and other relevant information to Deutsche Börse AG without delay.

The Quotation Board is a segment of the Open Market. The regulations for inclusion of securities on the Quotation Board are set out in the General Terms and Conditions of Deutsche Börse AG for the Open market on FWB® the Frankfurt Stock Exchange.

Overview of content

Key admission conditions

  • The application for inclusion must contain an exact description of the security to be included and, in the case of shares, additional information on the exchange trading venues inside or outside Germany where prices are already determined for the security.
  • The application for an issuer’s inclusion must be filed by a trading member officially admitted to trading on FWB® the Frankfurt Stock Exchange who is also a specialist.
  • The applicant shall inform Deutsche Börse AG without delay of all key circumstances as regards the securities or issuer included.