Deutsche Börse AG: Specification of the tax exemption for transactions

Release date: 18 Jun 2021

041/2021 Deutsche Börse AG: Specification of the tax exemption for transactionsXetra Circular 041/21

1.  Introduction

With reference to Xetra circular 039/21, this circular specifies these transaction-based fees that will generally be treated as VAT-exempt as of 1 July 2021

2.  Required action

No action on the part of the Participants is required vis-à-vis the Deutsche Börse. However, Participants should assess the dependencies and impact of this change.

3. Details

With effect from 1 July 2021, all exchange and off-exchange transaction-related fees, regulated in Part A Section 2 and Part B Section 2 of the Price List for the Utilization of the Exchange EDP of FWB Frankfurt Stock Exchange and of the EDP XONTRO, with the exception of the fees for Excessive System Usage (Part A, Sections 2.2.4 and 2.3.5), will be invoiced without VAT.

Further information


All Xetra® Members and Vendors

Target groups:

Traders, Technical Contacts, System Administrators, General


Related circular:


Xetra circular 039/21


Authorised by:

Michael Krogmann, Paul Hilgers