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.
Overview
Here is a brief overview of Xetra:
| Founded: | 1997 |
| Headquarters: | Frankfurt, Germany |
| Industry: | Financial Services |
| Operated By: | Deutsche Börse Group |
| Services: | Securities Trading |
| Official Website: | https://www.xetra.com/xetra-en/ |
Foundation
Xetra is a leading electronic trading system for exchange-traded securities. It was introduced in 1997 by the Frankfurter Wertpapierbörse, more commonly known as Frankfurt Stock Exchange, and today it is operated by the Deutsche Börse Group. It is one of Europe’s largest trading venues, replacing the Interactive Brokers Information System (IBIS). Xetra is one of the world's most popular stock exchanges, with a book turnover of over €130 billion in May 2022.
Xetra provides several services to its users, including market data, order management, and trade execution. 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 most reliable systems available and offers traders quick and easy access to a wide range of assets.
Locations
All of Xetra's offices are connected through the Deutsche Börse Group, which owns and operates Xetra. Its headquarters are in Frankfurt, Germany.
They have Deutsche Börse Group branches in:
- London, United Kingdom
- Paris, France
- Leipzig, Germany
- Berlin, Germany
- Hørsholm, Denmark
- Milan, Italy
- Madrid, Spain
- Eschborn, Germany
- Prague, Czech Republic
- Atlanta, Georgia, United States
- Chicago, Illinois, United States
- San Francisco, California, United States
- New York, New York, United States
- Singapore, Republic of Singapore
- Tokyo, Japan
- Central Hong Kong, Hong Kong
Services
Xetra offers a wide range of services, including trade execution, market data, 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.
More than 200 trading participants from 18 countries are connected to Xetra. It is Germany's 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.
Xetra provides several benefits for traders and investors, including:
- Real-time execution and settlement of trades
- A wide range of value-added services, such as market data products, order management systems, and algorithmic trading solutions
- A transparent and efficient market infrastructure
- Reduced costs compared to floor-based trading systems
- Trading in stocks, funds, bonds, warrants, and commodities contracts
It extended its range of products to include exchange-traded funds (ETFs), exchange-traded commodities (ETCs) and exchange-traded notes (ETNs).
Structure
Today, Xetra is an essential part of the Deutsche Börse Group, including the Eurex derivatives exchange and the Frankfurt Stock Exchange. Therefore, it is managed by them.
Below is a list of the members of the Board of Directors at Deutsche Börse Group, including their names and positions.
| Name | Position |
|---|---|
| Theodor Weimer | Chief Executive Officer |
| Christoph Böhm | Chief Information Officer/Chief Operating Officer |
| Thomas Book | Member of the Executive Board, responsible for Trading & Clearing |
| Heike Eckert | Member of the Executive Board, responsible for HR (Director of Labour Relations) & Compliance |
| Stephan Leithner | Member of the Executive Board, responsible for Pre- & Post-Trading |
| Gregor Pottmeyer | Member of the Executive Board |
Customer Support
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.
For more specific matters, visit https://www.xetra.com/xetra-en/meta/hotlines, which provides more numbers and emails for various reasons.
