Xetra BEST Service

With Xetra Best Execution – in short: Xetra BEST® - Deutsche Börse offers an additional integrated feature. Aside from the benefits of order execution on Xetra – highest execution speed, low implicit and explicit transaction costs – Xetra BEST guarantees better prices and full execution of orders for the investor. Full execution against an admitted, so-called Best Executor is performed with automatic price improvement compared to the Xetra order book, thereby ensuring Best Execution.

Xetra’s technical infrastructure and Member network provide ideal conditions. Xetra Members can use their existing connections for participation in Xetra BEST. Xetra BEST is an integral part of the Xetra trading platform and therefore part of exchange trading at FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange). Xetra BEST is closely connected to the open Xetra order book.

Xetra BEST gives members the opportunity to execute orders bilaterally and on-exchange in a supervised Regulated Market.

Benefits of Xetra BEST

Xetra BEST in detail

A description of the Xetra BEST service is contained in the Xetra BEST presentation and the market model. An FAQ list provides answers to questions specific to the subject. Upon application, Best Executors are admitted and may participate in the Xetra BEST service. Please refer to the related links to download an application form.

Xetra BEST prices

Xetra BEST prices, a feature to query Xetra BEST trades concluded on the last five trading days, investors can reconstruct execution of their transactions and retrace the price improvement they were granted compared to the Xetra order book.