1.  Introduction

The Frankfurter Wertpapierbörse (Frankfurt Stock Exchange, „FWB”) has received the necessary waiver to offer the new trading model „Xetra Midpoint“ to its members for trading.

Trading in „Xetra Midpoint“ starts on 9 December 2024.

The necessary amendments of the Twenty-Third Amendment Ordinance to the Exchange Rules for the Frankfurter Wertpapierbörse (“Exchange Rules”) and of the Thirteenth Amendment Ordinance to the Conditions for Transactions on the Frankfurter Wertpapierbörse (“Conditions for Transactions”) for the introduction of the trading model become effective today (see section 3).

The aforementioned amendment ordinances are attached to this circular. The amended rulebooks including the amendment ordinances are available for download on the Xetra website www.xetra.com under the following link: Deutsche Börse Xetra - Rules & Regulations.

2.  Required action

There is no specific action required by the participants.

3.  Details

Introduction of the trading model „Xetra Midpoint“

The FWB offers the trading model “Xetra Midpoint” to its members for trading. For further details regarding this trading model, please refer to Xetra Circular 051/24. For information about the applicable fees and incentives in the trading model “Xetra Midpoint”, please refer also to Xetra Circular 042/24.

The FWB has received the necessary waiver for the trading model “Xetra Midpoint” on 28 November 2024. The amendments in §§ 66 section 1, 69a, 74 section 4, 75 section 3a, 76 section 4, 77 section 2a, 87, 91a Exchange Rules and in §§ 3 section 6, 24 section 3, 28 section 1 Conditions for Transactions enter into force today.

Trading in the trading model „Xetra Midpoint“ will first be offered by FWB on 9 December 2024.

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

Attachments:

• 1 – Twenty-third Amendment Ordinance to the Exchange Rules for the Frankfurter Wertpapierbörse
• 2 – Thirteenth Amendment Ordinance to the Conditions for Transactions on the Frankfurter Wertpapierbörse

Further information