Xetra


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Xetra

The world's first electronic trading system. It offers users an up-to-the-minute look at trading on many exchanges throughout Europe. Prices reported on Xetra are used to calculate various indices, including Deutscher Aktienindex. It was created in 1997 for use on the Frankfurt Stock Exchange and today accounts for more than 90% of the trade on that exchange.
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Xetra

Deutsche Borse electronic trading platform that commenced operation in 1997.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The implementation of XETRA is expected to create additional interest from international trading members and investors for Slovene equity.
Xetra is used by over 250 financial firms and over 4,800 stock brokers, with investors having direct access to the system from 18 countries in Europe and one in the Middle East.
The exchange says all lead brokers that work on the Frankfurt Stock Exchange floor have declared their willingness to take on specialist roles in Xetra and have consented to the early termination of floor trading.
"With the new pricing model, we are positioning ourselves for further growth in the European cash equity clearing business and are stimulating trading on the cash markets cleared by Eurex Clearing," said Frank GerstenschlA[currency]ger, Deutsche Borse executive board member responsible for the Xetra cash market segment.
The automaker is likely to produce the vehicle at Volkswagen AG's (Xetra: VW) Slovakia plant.
From 11 October, 700 corporate bonds will be available on Xetra, which the exchange says combines the advantages of electronic trading with the benefits of specialist support.
Porsche AG (Xetra: POR3)(FWB:POR3), a subsidiary of Volkswagen AG (Xetra: VW), has announced that its 918 Spyder will be sold out by December.
Deutsche Borse has enhanced the order processing time and order information delivery of its Xetra trading platform.
Bentley, a subsidiary of Volkswagen AG (Xetra: VW), and Germany-based Porsche AG (Xetra: POR3)(FWB:POR3), are equipping new and facelift vehicles with adaptive LED headlights, using the Matrix technology seen on the new Audi A8 and TT.