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Equities
Our lead brokers guarantee continuous 2 way binding quotes (showing both bid and ask and the respective number of securities) for stocks traded in national (DAX 30, MDAX, SDAX and TecDAX) and international (AEX, ATX, CAC 40, FTSE 100, IBEX 35, MIB 30, SMI, Euro Stoxx 50, DJ30 and NASDAQ 100) indices. Our lead brokers provide liquidity throughout the day. For all other stocks lead brokers have to look closely at price developments on the respective reference markets.
The advantages of trading at Börse Berlin:
- Fast order execution
- Extended trading day from 8:30 to 20:00 CET
- Intraday trading possible
- Avoidance of partial executions
- Stop-order-monitoring by the lead broker
The following are liquidity obligations of the lead brokers:
- Index Minimum Volume in € Trading time Spread
- Xetra Spread Volume Weighted
| Trading from 8:30 - 9:00 CET | |||
| Index | Number of stocks | Minimum Volume in EUR | Spread |
| DAX |
30 |
10,000 |
competitve to other markets |
| MDAX |
50 |
5,000 |
competitve to other markets |
| SDAX |
50 |
1,500 |
competitve to other markets |
| TecDAX |
30 |
2,500 |
competitve to other markets |
| Trading from 9:00 - 17:30 CET | |||
| DAX |
30 |
50,000 |
Xetra- Spread (Volume weighted) |
| MDAX |
50 |
25,000 |
Xetra- Spread (Volume weighted) |
| SDAX |
50 |
6,000 |
Xetra- Spread (Volume weighted) |
| TecDAX |
30 |
10,000 |
Xetra- Spread (Volume weighted) |
| EuroStoxx 50 |
50 |
10,000 |
Xetra- Spread (Volume weighted) |
| Stoxx 50 |
50 |
10,000 |
Xetra- Spread (Volume weighted) |
| AEX |
25 |
5,000 |
Reference market: Bid -0.5% / Ask +0.5% |
| ATX |
20 |
5,000 |
Reference market: Bid -0.5% / Ask +0.5% |
| CAC40 |
40 |
5,000 |
Reference market: Bid -0.5% / Ask +0.5% |
| FTSE 100 |
100 |
5,000 |
Reference market: Bid -0.5% / Ask +0.5% |
| IBEX 35 |
35 |
5,000 |
Reference market: Bid -0.5% / Ask +0.5% |
| FTSE MIB |
40 |
5,000 |
Reference market: Bid -0.5% / Ask +0.5% |
| SMI |
30 |
5,000 |
Reference market: Bid -0.5% / Ask +0.5% |
| Trading from 15:30 - 20:00 CET | |||
| DJ 30 |
30 |
10,000 |
NYSE: Bid -0.4% / Ask + 0.4%**) |
| Nasdaq 100 |
100 |
10,000 |
NSDQ: Bid -0.5% / Ask + 0.5%**) |
| Trading from 17:30 - 20:00 CET | |||
| DAX |
30 |
25,000 |
Competitive to other markets |
| MDAX |
50 |
12,500 |
Competitive to other markets |
| SDAX |
50 |
1,500 |
Competitive to other markets |
| TexDAX |
30 |
2,500 |
Competitive to other markets |
| Trading from 8:30 - 20:00 CET | |||
| Other shares*) |
3,000 |
Competitive to other markets | |
| *)optional | **)Spread must not be inferior to the Volume weighted Xetra-Spread |
More information about floor trading
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