Amendments to the Rules and Regulations of the Frankfurter Wertpapierbörse and respective decisions of the FWB Management Board

Release date: 23 Jun 2022

028/2022 Amendments to the Rules and Regulations of the Frankfurter Wertpapierbörse and respective decisions of the FWB Management BoardXetra Circular 028/22

1.  Introduction

This circular is to inform you about amendments to the Conditions for Transactions on the Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange). Furthermore, this circular informs about respective decisions of the FWB® Management Board resulting from the revision of the Rules and Regulations.

In its meeting on 30 May 2022, the Exchange Council of FWB® approved amendments to the Conditions for Transactions on the Frankfurter Wertpapierbörse regarding the introduction of the AutoEx functionality for Xetra EnLight. Amendments shall enter into force on 27 June 2022.

The amended Rules and Regulations can be found on the Xetra website www.xetra.com under the following link:

Production start: 27 June 2022

2.  Required action

Please take note of the revised Rules and Regulations and the resulting decisions of the FWB® Management Board.

3.  Details of the initiative

The Request-for-Quote functionality Xetra EnLight is enhanced with AutoEx. AutoEx allows Requesters to pre-define conditions for accepting a quote already while the Request-for-Quote is initiated. Potential conditions are a limit and/or minimum number of quotes available for execution.

Additionally, a quote collection duration can be defined. The FWB® Management Board decided that the minimum period for the quote collection duration is set to 100 milliseconds.

In case you have any questions or require further information, please contact your Key Account Manager or send an e-mail to: client.services@deutsche-boerse.com.


Further information

Recipients:

All Xetra® Members and Vendors

Target groups:

Traders, Technical Contacts, Nominated Persons, General

Contact:

Your Key Account Manager or client.services@deutsche-boerse.com

Web:

www.xetra.com

Authorised by:

Michael Krogmann, Markus Ernst (on behalf of the Management Board)