Introduction of additional currencies for trading foreign currency bonds at the Frankfurt Stock Exchange

Release date: 30 Apr 2021

028/2021 Introduction of additional currencies for trading foreign currency bonds at the Frankfurt Stock ExchangeXetra Circular 028/21

1.    Introduction

With the determination of the maximum premiums/discounts by the Management Board of the Frankfurt Stock Exchange (FWB®), the trading of foreign currency bonds at the Frankfurt Stock Exchange (MIC XFRA) in the currencies Colombian peso, Argentine peso and Philippine peso will be made possible.

The adjustments will become effective on 3 May 2021.

2.    Required action

For the conversion of transactions concluded in foreign currencies into the settlement currency euro, Specialists have to enter an exchange rate in line with the market using the binding quote (matching quote).

3.    Details of the initiative

In order to ensure the quality of the exchange rate, the Management Board of FWB has established the following requirements for the exchange rate:

For the currency pairs EUR/COP (euro/Colombian peso), EUR/ARS (euro/Argentine peso) and EUR/PHP (euro/Philippine peso), the exchange rate must be larger than or equal to the lowest bid price and less than or equal to the highest ask price, which is available in the market information system Bloomberg with the price source "Bloomberg Generic Price" - Local Market Trading Time London (BGN (L)) at the second of price fixing for the respective currency. 

It is possible to add (for ask price) and deduct (for bid price) from the bid and ask price according to the following table:

Settlement/Trading currency

Max. Premium/
Discount (absolute)









For more detailed information on the determination of the maximum deviation of exchange rates in trading of foreign currency bonds, please refer to Xetra circular 024/14.

If you have further questions or need more information, please contact your Key Account Manager.

Further information


All Xetra® Members and Vendors

Target groups:

Traders, Technical Contacts, Nominated Persons, General


Related circular: 


Xetra circular 024/14


Authorised by:

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

Market Status




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.