Germany’s DAX Index – Trading DAX Futures from the Frankfurt Stock Exchange
5 stars based on
In90 percent of all trading in shares at all German exchanges was transacted through the Xetra trading free dax trading system. Given the high turnover liquidity on the Xetra trading venue, orders for securities are executed swiftly and at prices in line with the market.
Moreover, this principle is supported by Designated Sponsors  who post binding purchase and selling prices quotes on a continuous basis and thus ensure additional liquidity and fair prices.
As all the exchange trading is transacted electronically, there can be partial execution of orders on the Xetra trading venue. However, banks and online brokers do free dax trading system face additional transaction costs for same-day partial executions free dax trading system therefore most of them do not bill their clients additionally for partial executions. With a view to improving the continuity of prices and to avoid mistrades clearly erroneous tradessee fat-finger errorseveral protective mechanisms are in place for the Xetra trading venue.
These include volatility interruption, market order interruption, and liquidity interruption measures. The main challenges discerned were to ensure system stability and availability, scalability, latency, and long-term growth in market activity. The Xetra trading technology was positioned as a brand product while it was still being developed. The intention was to be able to better position Xetra among trading participants and in the public eye, and free dax trading system license it to other exchange operators.
Release of the Xetra GUI frontend only, to enable the familiarisation process. The backend was still IBIS. Introduction of intraday auctions, Designated Sponsors, and stop orders. Introduction of bond and OTC trading and lowering of free dax trading system order sizes. General improvements to functionality incl. Possibility of trading warrants, preparation for evening trading, improved auction transparency, several clearing accounts possible.
Market model for EEX manual intraday auctionintroduction of subscription rights trading, display of last trades possible. Introduction of certificates trading, minor changes to the front-end and a few small changes to the implemented features.
New order types, improved risk management for OTC trades, more efficient access to the Xetra trading technology.