Xetra is a product group within Deutsche Boerse Technology Services that provides the proprietary securities platforms that support the Frankfurt Stock Exchange (FSE) and several other platforms. It lists more than 150,000 products, including equities, bonds, certificates, warrants, and funds.
Xetra was launched in 1997.
Products and Services
The name 'Xetra' applies both to the FSE's electronic trading platform and to the trade-matching software itself, which is often licensed to other exchanges (most recently, the Bulgarian Stock Exchange. Xetra was responsible for 17% of DB Group sales revenue in 2006 and xx% in 2007. Xetra provides FSE with both its electronic, order-driven trading platform, which goes under the Xetra name, and the system that supports the FSE's trading floor, which is called Xonto. Trades executed on the FSE's electronic platform are referred to as having been executed on Xetra, while trades executed on the FSE's floor via the Xonto system are referred to as having been executed on the FSE.
Xetra Exchange-Traded Commodities
In late 2006, Xetra launched trading on Exchange-Traded Commodities (ETCs), which are securities on individual commodities or on commodity baskets.
Xetra Exchange-Traded Funds
Xetra lists more than xx ETFs.
Traded on the trading floor of the FSE with the support of Xonto