Extension of trading hours on Börse Frankfurt (MIC: XFRA) for shares, ETFs/ETPs and mutual funds

Release date: 03 Aug 2021

057/2021 Extension of trading hours on Börse Frankfurt (MIC: XFRA) for shares, ETFs/ETPs and mutual fundsXetra Circular 057/21

1. Introduction

Effective 29 November 2021, the trading hours on Börse Frankfurt (MIC: XFRA) for shares, ETFs/ETPs and mutual funds will be extended from currently 08:00 – 20:00 to 08:00 – 22:00 CE(S)T. 1

Prior to this, Eurex Clearing is introducing the new securities clearing platform "C7 SCS" which supports clearing services until 22:00 for Börse Frankfurt. Thus, for the first time in Germany, late trading of shares and ETFs/ETPs with Central Counterparty will be possible until 22:00. 

Production start: 29 November 2021

1 All times mentioned in this circular are CE(S)T.

2. Required action

Please take all necessary measures to support the trading hours extension for shares, ETFs/ETPs and mutual funds on Börse Frankfurt. Please also review your post-trade processes with regard to the new requirements for the clearing of trades in shares and ETFs/ETPs that can be concluded until 22:00.

3. Details

With effect from 29 November 2021, in addition to Structured Products, shares, ETFs/ETPs and mutual funds will also be tradable on Börse Frankfurt (MIC: XFRA) from 08:00 – 22:00 (previously 08:00 – 20:00). Trading hours for bonds, however, will remain unchanged at 08:00 – 17:30. 

The post-trading period for shares, ETFs/ETPs and mutual funds, during which orders can be entered, modified and deleted, will be shortened analogously to that for Structured Products (22:00 – 22:04). For bonds, the post-trading phase will be extended to 22:04. T7 Entry Service entries (TES Type OTC) will be possible until 22:00, in the same way as for Structured Products in shares, ETFs/ETPs and mutual funds.

Planned trading time parameters for Börse Frankfurt (MIC: XFRA):

The information is provided subject to a corresponding resolution of the Exchange Council of Frankfurt Stock Exchange (FWB®) to determine the framework trading hours in the Exchange Rules and the resolution of the Management Board of FWB® to determine the specific trading hours. 

If you have questions or require further information, please contact your Key Account Manager or send an e-mail to client.services@deutsche-boerse.com.


Further information

Recipients:

All Xetra® Members and Vendors

Target groups:

Traders, Technical Contacts, Nominated Persons, General

Contact:

client.services@deutsche-boerse.com

Web:

www.xetra.com

Authorised by:

Michael Krogmann, Markus Ernst (on behalf of the Management Board)


Market Status

XETR

-

-

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.

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.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.