Cross Request

Cross Request

Using a Cross Request, participants trading in the Continuous Trading market model can subsequently place previously arranged OTC trades – known as “crossings” in the order book. The condition for the orders being entered is that they are previously announced using the Cross Request function, stating the tool and the lot size.

The relevant orders must be entered between five and 35 seconds after having been announced. There is no guarantee that precisely these orders in the order book will be executed against each other. Every participant informed by means of Cross Request can place orders in the order book, which can then be executed against the orders envisaged for crossing.

Arranged transactions between participants during an auction are exempt from advance announcement by means of Cross Request.

Market Status

XETR

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Parts of the trading system are currently experiencing technical issues

The trading system is currently experiencing technical issues

Xetra newsboard

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Xetra webpage under Technology --> T7 trading architecture --> Emergency procedures. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.


Emergency procedures


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