Xetra On the trading platform Xetra® trading takes place from 9 a.m. till 5.30 p.m. CET. Basically, trading on Xetra International Market also takes place from 9.00 a.m. to 5.30 p.m.. Spanish instruments on Xetra International Market, however, are tradable from 9.00 a.m. to 4.30 p.m The opening auction in Xetra takes place from 8.50 a.m.; the closing auction takes place from 5.30 p.m. CET. You can find further details in the Xetra auction plan for stocks. The intermediary based trading with structured products and Bonds takes place from 9 a.m. till 8.00 p.m. CET. Note: On 30 December 2011, the last trading day of the year, there are different trading hours. More Eurex The pre-trading phase for all products starts at 7.30 a.m. CET. Exception: The pre-trading phase for agriculture and inflation derivatives starts at 9 a.m. CET, for CO2 derivatives at 8 a.m. CET, for weather derivatives at 9.30 a.m. CET, and for property derivatives at 7 a.m. CET. For further information on the Eurex trading hours, please visit the website of the Eurex derivatives exchange. Xetra Frankfurt Specialist Trading Xetra Frankfurt Specialist Trading: Shares, ETFs, ETCs and ETNs as well as Funds are tradable on traqding days from 8 a.m. till 8.00 p.m. CET in Xetra Frankfurt Specialist Trading. Further details on the trading phases of the Xetra Frankfurt Specialist Trading. Fixed-income trading For variably traded bonds in the Regulated Market as well as in the regulated unofficial market (Open Market) at Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange), trading takes place from 9 a.m. to 5.30 p.m. CET. Since 1 January 2007. Closing time for acceptance of orders in mortgage bonds for which only Single Price determination takes place, is set to 11 a.m. CET for the Frankfurt Stock Exchange. For other bonds in Single Price determination, order entry is possible up until the order book is blocked for price determination. | 
