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Reorientation of Frankfurt Stock Exchange strengthens trading venue

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Deutsche Börse is improving trading on the Frankfurt Stock Exchange by reorienting the trading venue and launching a new quality guarantee for trading from 1 November.

In addition, all structured products will be traded under the Frankfurt Stock Exchange brand.
 
From Friday, investors will receive a quality guarantee when executing German, European and US blue chips, as well as ETFs. This guarantee ensures that investors can buy or sell at a price equivalent to that on the respective reference market or better. The guarantee applies to all orders up to a volume of EUR7,500.
 
The specialists at Frankfurt Stock Exchange commit themselves to refunding the difference where deviations occur. This guarantee applies to all stocks in the German selection indices DAX, MDAX and TecDAX, to international stocks from the EURO STOXX 50 and S&P 100, and to around 1,400 ETFs and ETPs listed on Xetra.


 
From 1 November, all certificates and leverage products will be marketed under the umbrella of the Frankfurt Stock Exchange. Investors choose the Frankfurt exchange venue for certificate orders. In the premium segment, as before, they receive an execution guarantee that is unique in Europe.
 
Scoach Europa AG will be renamed Börse Frankfurt Zertifikate AG. Investors can thus trade a total of more than a million securities on the Frankfurt Stock Exchange. 


 
As part of the extended offering, Frankfurt Stock Exchange will also renew its corporate image and introduce a new logo for the trading venue.
 
“In Frankfurt Stock Exchange's new market positioning, all our specialists are pulling in the same direction – that is very important to us. We have developed all the innovations together with the traders,” says Martin Reck, who is responsible for the cash market at Deutsche Börse. 


 
“With the quality guarantee, the specialists at Frankfurt Stock Exchange are underscoring the trading venue's leading position. We guarantee execution of orders at the reference market price for more than 1 million securities. This is a unique offering in Germany,” says Kai Jordan, management board member at Steubing AG.


 
Eleven specialists with around 100 traders currently support trading at Frankfurt Stock Exchange from 8am to 8pm. They use the continuous auction trading model based on the electronic trading system Xetra. In the first nine months of 2013, turnover at Frankfurt Stock Exchange was EUR40.3bn.

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