Amendment to the Xetra Liquidity Provider Programme for MDAX60 shares, valid as of 1 July 2020

Release date: 19 May 2020

036/2020 Amendment to the Xetra Liquidity Provider Programme for MDAX60 shares, valid as of 1 July 2020Xetra Circular 036/20

1.  Introduction

With this circular, we would like to inform you that in the Xetra Liquidity Provider Programme, the presence requirement for MDAX60 shares in refund level 2 (Tier 2) will be reduced with effect from 1 July 2020.

2.  Requirements for participation

New Xetra Liquidity Providers have to sign the Xetra Liquidity Provider Programme Agreement and register the Trader IDs for liquidity provisioning at least three trading days prior to the calendar month of the beginning of their activity.

3.  Details

In the Xetra Liquidity Provider Programme, the minimum performance requirement for MDAX60 shares in refund level 2 (Tier 2) for BBO presence will be reduced from €2,500 to €2,000.

Annex A to the Xetra Liquidity Provider Programme Agreement, valid as of 1 July 2020, is deemed to be approved, if the Xetra Liquidity Provider does not raise objections in writing to Deutsche Börse AG, Mergenthalerallee 61, 65760 Eschborn within one week after announcement of the change.

The currently valid version of the Xetra Liquidity Provider Programme Agreement is available on the Xetra website www.xetra.com under the following link:

Attachment: 

  • Annex A to the Xetra Liquidity Provider Programme Agreement, valid from 1 July 2020

Further information

Recipients:All Xetra® Members and Vendors
Target groups:Traders, Technical Contacts, System Administrators, Nominated Persons, General
Contact:client.services@deutsche-boerse.com
Web:www.xetra.com
Authorised by:Martin Reck, Andreas Heuer