TES Type OTC

TES Type OTC

Trading participants can settle OTC transactions via the proven infrastructure of the Xetra trading platform. For example, after a trade has been concluded by telephone, one of the trading partners enters the agreed trading parameters into the corresponding Xetra window, the other trading participant checks and confirms the data. If this confirmation is not received, the entry is deleted at the end of the day. OTC transactions are possible for all order sizes.

Clearing and settlement takes place via the exchange's proven post-trading systems. However, with this type of trading the necessary transparency must be provided by the trading participant himself and the corresponding reporting must be carried out.

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.

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


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