{"id":509905,"date":"2022-09-30T13:49:24","date_gmt":"2022-09-30T13:49:24","guid":{"rendered":"https:\/\/www.publicfinanceinternational.org\/?p=509905"},"modified":"2023-09-04T08:00:57","modified_gmt":"2023-09-04T08:00:57","slug":"xetra","status":"publish","type":"post","link":"https:\/\/www.publicfinanceinternational.org\/xetra\/","title":{"rendered":"Xetra (trading system)"},"content":{"rendered":"\n<p>Xetra is a trading venue operated by the Frankfurt Stock Exchange. It offers electronic trading systems for various assets, including equities, bonds, ETFs, and derivatives.<\/p>\n\n\n<div class=\"gb-container gb-container-1b6b1447\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1553\" height=\"732\" src=\"https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home.jpg\" alt=\"XETRA home\" class=\"wp-image-509906\" title=\"\" srcset=\"https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home.jpg 1553w, https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-300x141.jpg 300w, https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-1024x483.jpg 1024w, https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-768x362.jpg 768w, https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-1536x724.jpg 1536w\" sizes=\"(max-width: 1553px) 100vw, 1553px\" \/><\/figure><\/div>\n<\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">Overview<\/h2>\n\n\n\n<p>Here is a brief overview of Xetra:<\/p>\n\n\n\n<div class=\"wpdt-c row wpDataTableContainerSimpleTable wpDataTables wpDataTablesWrapper\n\"\n    >\n        <table id=\"wpdtSimpleTable-211\"\n           style=\"border-collapse:collapse;\n                   border-spacing:0px;\"\n           class=\"wpdtSimpleTable wpDataTable\"\n           data-column=\"2\"\n           data-rows=\"6\"\n           data-wpID=\"211\"\n           data-responsive=\"0\"\n           data-has-header=\"0\">\n\n                    <tbody>        <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-bold\"\n                                    data-cell-id=\"A1\"\n                data-col-index=\"0\"\n                data-row-index=\"0\"\n                style=\" width:50%;                padding:10px;\n                \"\n                >\n                                Founded:                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B1\"\n                data-col-index=\"1\"\n                data-row-index=\"0\"\n                style=\" width:50%;                padding:10px;\n                \"\n                >\n                                1997                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-bold\"\n                                    data-cell-id=\"A2\"\n                data-col-index=\"0\"\n                data-row-index=\"1\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Headquarters:                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B2\"\n                data-col-index=\"1\"\n                data-row-index=\"1\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Frankfurt, Germany                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-bold\"\n                                    data-cell-id=\"A3\"\n                data-col-index=\"0\"\n                data-row-index=\"2\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Industry:                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B3\"\n                data-col-index=\"1\"\n                data-row-index=\"2\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Financial Services                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-bold\"\n                                    data-cell-id=\"A4\"\n                data-col-index=\"0\"\n                data-row-index=\"3\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Operated By:                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B4\"\n                data-col-index=\"1\"\n                data-row-index=\"3\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Deutsche B\u00f6rse Group                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-bold\"\n                                    data-cell-id=\"A5\"\n                data-col-index=\"0\"\n                data-row-index=\"4\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Services:                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B5\"\n                data-col-index=\"1\"\n                data-row-index=\"4\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Securities Trading                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell wpdt-bold\"\n                                    data-cell-id=\"A6\"\n                data-col-index=\"0\"\n                data-row-index=\"5\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Official Website:                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B6\"\n                data-col-index=\"1\"\n                data-row-index=\"5\"\n                style=\"                padding:10px;\n                \"\n                >\n                                <a class=\"wpdt-link-content\" href=\"https:\/\/www.xetra.com\/xetra-en\/ \" rel=\"nofollow noopener\" target=\"_blank\" data-cell-id=\"00\" data-link-url=\"https:\/\/www.xetra.com\/xetra-en\/ \" data-link-text=\"https:\/\/www.xetra.com\/xetra-en\/ \" data-link-target=\"true\" data-link-nofollow=\"0\" data-link-noreferrer=\"0\" data-link-sponsored=\"0\" data-link-btn-status=\"0\" data-link-btn-class=\"\" data-link-content=\"wpdt-link-content\">https:\/\/www.xetra.com\/xetra-en\/ <\/a>                <\/td>\n                                        <\/tr>\n                    <\/table>\n<\/div><style id='wpdt-custom-style-211'>\n<\/style>\n<style>\n\/* th background color *\/\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n\tbackground-color: rgba(97, 204, 252, 0.49) !important;\n    background-image: none !important;\n}\n\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead tr:nth-child(2) th {\n\toverflow: visible;\n}\n\/* table font size *\/\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable {\n    font-size:14px !important;\n}\n \n<\/style>\n\n\n\n\n<h2 class=\"wp-block-heading\">Foundation<\/h2>\n\n\n\n<p>Xetra is a <strong>leading electronic trading system for exchange-traded securities<\/strong>. It was <strong>introduced in 1997<\/strong> by the Frankfurter Wertpapierb\u00f6rse, more commonly known as Frankfurt Stock Exchange, and today it is operated by the Deutsche B\u00f6rse Group. It is one of <a href=\"https:\/\/www.publicfinanceinternational.org\/trading-plaforms-europe\/\" target=\"_blank\" data-type=\"post\" data-id=\"507284\" rel=\"noreferrer noopener\">Europe\u2019s largest trading venues<\/a>, replacing the <a href=\"https:\/\/www.publicfinanceinternational.org\/interactive-brokers-review\/\" target=\"_blank\" data-type=\"post\" data-id=\"1139\" rel=\"noreferrer noopener\">Interactive Brokers<\/a> Information System (IBIS). Xetra is one of the world's <a href=\"https:\/\/www.publicfinanceinternational.org\/list-of-stock-exchanges\/\" data-type=\"post\" data-id=\"506806\" target=\"_blank\">most popular stock exchanges<\/a>, with a book turnover of over \u20ac130 billion in May 2022.<\/p>\n\n\n\n<p>Xetra provides several services to its users, including <strong>market data, order management, and <\/strong><a href=\"https:\/\/www.publicfinanceinternational.org\/trade-execution\/\" target=\"_blank\" rel=\"noopener\">trade execution<\/a>. It also offers a range of tools and resources to help users make informed investment decisions. Xetra's popularity comes from its ease of use and reliability. It is one of the <strong>most reliable systems available<\/strong> and offers traders quick and easy access to a wide range of assets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Locations<\/h2>\n\n\n\n<p>All of Xetra's offices are connected through the Deutsche B\u00f6rse Group, which owns and operates Xetra. Its headquarters are in Frankfurt, Germany.&nbsp;<\/p>\n\n\n\n<p>They have Deutsche B\u00f6rse Group branches in:<\/p>\n\n\n\n<ul><li>London, United Kingdom<\/li><li>Paris, France<\/li><li>Leipzig, Germany<\/li><li>Berlin, Germany<\/li><li>H\u00f8rsholm, Denmark&nbsp;<\/li><li>Milan, Italy<\/li><li>Madrid, Spain&nbsp;<\/li><li>Eschborn, Germany&nbsp;<\/li><li>Prague, Czech Republic<\/li><li>Atlanta, Georgia, United States<\/li><li>Chicago, Illinois, United States<\/li><li>San Francisco, California, United States&nbsp;<\/li><li>New York, New York, United States<\/li><li>Singapore, Republic of Singapore<\/li><li>Tokyo, Japan<\/li><li>Central Hong Kong, Hong Kong<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Services<\/h2>\n\n\n\n<p>Xetra offers a wide range of services, including trade execution, <a href=\"https:\/\/www.publicfinanceinternational.org\/market-data\/\" data-type=\"post\" data-id=\"507279\" target=\"_blank\">market data<\/a>, and market analysis. It also provides a platform for new products and services, such as derivatives trading. Also, it offers a variety of educational resources to help investors learn about the market and make informed investment decisions.<\/p>\n\n\n\n<p>More than 200 trading participants from 18 countries are connected to Xetra. It is <a href=\"https:\/\/www.publicfinanceinternational.org\/trading-platforms-germany\/\" target=\"_blank\" rel=\"noopener\">Germany's<\/a> largest stock exchange, and more than 90% of all trading shares across all German exchanges is now conducted through Xetra. Xetra provides an efficient, transparent, and reliable market infrastructure for traders and investors.<\/p>\n\n\n\n<p><strong>Xetra provides several benefits for traders and investors, including:<\/strong><\/p>\n\n\n\n<ul><li>Real-time execution and settlement of trades<\/li><li>A wide range of value-added services, such as market data products, order management systems, and algorithmic trading solutions<\/li><li>A transparent and efficient market infrastructure<\/li><li>Reduced costs compared to floor-based trading systems<\/li><li>Trading in stocks, funds, bonds, warrants, and commodities contracts<\/li><\/ul>\n\n\n\n<p>It extended its range of products to include exchange-traded funds (ETFs), exchange-traded commodities (ETCs) and exchange-traded notes (ETNs).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Structure<\/h2>\n\n\n\n<p>Today, Xetra is an essential part of the Deutsche B\u00f6rse Group, including the Eurex derivatives exchange and the Frankfurt Stock Exchange. Therefore, it is managed by them.<\/p>\n\n\n\n<p>Below is a list of the members of the Board of Directors at Deutsche B\u00f6rse Group, including their names and positions.<\/p>\n\n\n\n<div class=\"wpdt-c row wpDataTableContainerSimpleTable wpDataTables wpDataTablesWrapper\n\"\n    >\n        <table id=\"wpdtSimpleTable-212\"\n           style=\"border-collapse:collapse;\n                   border-spacing:0px;\"\n           class=\"wpdtSimpleTable wpDataTable\"\n           data-column=\"2\"\n           data-rows=\"7\"\n           data-wpID=\"212\"\n           data-responsive=\"1\"\n           data-has-header=\"1\">\n\n                    <thead>        <tr class=\"wpdt-cell-row \" >\n                            <th class=\"wpdt-cell \"\n                                    data-cell-id=\"A1\"\n                data-col-index=\"0\"\n                data-row-index=\"0\"\n                style=\" width:50%;                padding:10px;\n                \"\n                >\n                                Name                <\/th>\n                                            <th class=\"wpdt-cell \"\n                                    data-cell-id=\"B1\"\n                data-col-index=\"1\"\n                data-row-index=\"0\"\n                style=\" width:50%;                padding:10px;\n                \"\n                >\n                                Position\u00a0                <\/th>\n                                        <\/tr>\n                    <tbody>        <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"A2\"\n                data-col-index=\"0\"\n                data-row-index=\"1\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Theodor Weimer                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B2\"\n                data-col-index=\"1\"\n                data-row-index=\"1\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Chief Executive Officer                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"A3\"\n                data-col-index=\"0\"\n                data-row-index=\"2\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Christoph B\u00f6hm                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B3\"\n                data-col-index=\"1\"\n                data-row-index=\"2\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Chief Information Officer\/Chief Operating Officer                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"A4\"\n                data-col-index=\"0\"\n                data-row-index=\"3\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Thomas Book                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B4\"\n                data-col-index=\"1\"\n                data-row-index=\"3\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Member of the Executive Board, responsible for Trading & Clearing\u00a0                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"A5\"\n                data-col-index=\"0\"\n                data-row-index=\"4\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Heike Eckert                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B5\"\n                data-col-index=\"1\"\n                data-row-index=\"4\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Member of the Executive Board, responsible for HR (Director of Labour Relations) & Compliance                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"A6\"\n                data-col-index=\"0\"\n                data-row-index=\"5\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Stephan Leithner                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B6\"\n                data-col-index=\"1\"\n                data-row-index=\"5\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Member of the Executive Board, responsible for Pre- & Post-Trading\u00a0                <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"A7\"\n                data-col-index=\"0\"\n                data-row-index=\"6\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Gregor Pottmeyer                <\/td>\n                                            <td class=\"wpdt-cell \"\n                                    data-cell-id=\"B7\"\n                data-col-index=\"1\"\n                data-row-index=\"6\"\n                style=\"                padding:10px;\n                \"\n                >\n                                Member of the Executive Board                <\/td>\n                                        <\/tr>\n                    <\/table>\n<\/div><style id='wpdt-custom-style-212'>\n<\/style>\n<style>\n\/* th background color *\/\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n\tbackground-color: rgba(97, 204, 252, 0.49) !important;\n    background-image: none !important;\n}\n\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead tr:nth-child(2) th {\n\toverflow: visible;\n}\n\/* table font size *\/\n.wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable {\n    font-size:14px !important;\n}\n \n<\/style>\n\n\n\n\n<h2 class=\"wp-block-heading\">Customer Support<\/h2>\n\n\n\n<p>Investors can contact the trading surveillance office directly for questions about price fixings and exchange trading. Please dial 08 00-2 30 20 23 within Germany, +49-(0)69-2 11-1 13 10 from outside Germany, or email huest@deutsche-boerse.com. Service hours are from 8.00 a.m. to 8.00 p.m. CET. &nbsp;<\/p>\n\n\n\n<p>For more specific matters, visit <a href=\"https:\/\/www.xetra.com\/xetra-en\/meta\/hotlines\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.xetra.com\/xetra-en\/meta\/hotlines<\/a>, which provides more numbers and emails for various reasons.&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":509906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_stopmodifiedupdate":false,"_modified_date":"","ub_ctt_via":"","_important_terms":"","inline_featured_image":false,"_uag_custom_page_level_css":"","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[225],"tags":[],"table_tags":[],"featured_image_src":"https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home.jpg","author_info":{"display_name":"Ziga Breznik","author_link":"https:\/\/www.publicfinanceinternational.org\/authors\/"},"acf":[],"author_meta":{"display_name":"Ziga Breznik","author_link":"https:\/\/www.publicfinanceinternational.org\/authors\/"},"featured_img":"https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-300x141.jpg","uagb_featured_image_src":{"full":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home.jpg",1553,732,false],"thumbnail":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-150x150.jpg",150,150,true],"medium":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-300x141.jpg",300,141,true],"medium_large":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-768x362.jpg",768,362,true],"large":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-1024x483.jpg",1024,483,true],"1536x1536":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home-1536x724.jpg",1536,724,true],"2048x2048":["https:\/\/www.publicfinanceinternational.org\/wp-content\/uploads\/xetra-home.jpg",1553,732,false]},"uagb_author_info":{"display_name":"Ziga Breznik","author_link":"https:\/\/www.publicfinanceinternational.org\/authors\/"},"uagb_comment_info":0,"uagb_excerpt":null,"coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/www.publicfinanceinternational.org\/knowledge-base\/\" class=\"advgb-post-tax-term\">Knowledge Base<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Knowledge Base<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 1 year ago","modified":"Updated 7 months ago"},"absolute_dates":{"created":"Posted on September 30, 2022","modified":"Updated on September 4, 2023"},"absolute_dates_time":{"created":"Posted on September 30, 2022 1:49 pm","modified":"Updated on September 4, 2023 8:00 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/posts\/509905"}],"collection":[{"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/comments?post=509905"}],"version-history":[{"count":4,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/posts\/509905\/revisions"}],"predecessor-version":[{"id":513529,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/posts\/509905\/revisions\/513529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/media\/509906"}],"wp:attachment":[{"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/media?parent=509905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/categories?post=509905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/tags?post=509905"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/www.publicfinanceinternational.org\/wp-json\/wp\/v2\/table_tags?post=509905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}