Börse Frankfurt Zertifikate AG: Specification of the tax exemption for transactions

Release date: 18 Jun 2021

002/2021 Börse Frankfurt Zertifikate AG: Specification of the tax exemption for transactionsOpen Market Circular 002/21

1.  Introduction

With reference to Open Market circular 001/21, this circular specifies these transaction-based fees that will generally be treated as VAT-exempt as of 1 July 2021.

2.  Required action

No action on the part of the Participants is required vis-à-vis the Börse Frankfurt Zertifikate AG. However, Participants should assess the dependencies and impact of this change.

3. Details

With effect from 1 July 2021, all exchange and off-exchange transaction-related fees, regulated in Sections 2.2 and 3.2 of the Price List for the Agreement on the Utilization of the Exchange-EDP of Frankfurt Stock Exchange and of the EDP Xontro for Trading in Structured Products will be invoiced without VAT. 

Further information


All companies participating in the Regulated Unofficial Market (Open Market) of Börse Frankfurt Zertifikate AG at the Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange)

Target groups:

Traders, Nominated Persons, General


Börse Frankfurt Zertifikate AG, tel. +49-69-211-1 88 00, zertifikate@deutsche-boerse.com

Related circular: 

Open Market circular 001/21



Authorised by:

Simone Kahnt-Eckner, Florian Claus

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