With its product and service portfolio, Deutsche Börse offers its participants the entire process chain from trading and settlement to the safekeeping of securities. The electronic trading system Xetra® is one of the world’s most high-performance systems for the trading of around 600,000 international instruments. These include: - the 30 blue-chip securities of the DAX® index
- the 30 securities of the technology sector which are included in the TecDax®
- the 50 securities of the mid-cap index MDAX®
- the 50 securities of the small-cap index SDAX®
- more than 1,000 ETFs, ETNs, and ETCs
- up to 800 securities on the Xetra International Market, where Xetra participants can trade European blue chips and settle transactions in their domestic market at unbeatably low costs.
| Moreover, other selected securities from the EURO STOXX 50® index as well as about 9,000 foreign securities can be traded on Xetra. The minimum order size for all securities is one share. Less liquid securities are traded in an auction which takes place once a day. Xetra has a market share of over 90 percent in equity trading and is one of the fastest trading systems in the world with a round-trip-time of only two milliseconds. Apart from shares, ETFs, ETNs, and ETCs, all banks and securities trading houses which participate in Xetra trading in 19 countries, have direct access to about 500,000 structured products of Scoach. Financial institutions, securities trading houses and brokers can participate in Xetra trading. Xetra operates independently of the trader's location, permitting international participation. In fact, more than half of over 250 participants from European countries outside Germany trade on Xetra. |