Xetra ("Exchange Electronic Trading") is a worldwide electronic securities trading system based in Frankfurt, Germany.
The conception and the implementation of the Xetra System was carried out by Accenture and Deutsche Börse Systems, the technology division of Deutsche Börse.
It is based on the Eurex system designed and built by Deutsche Börse Systems.
Execution on the ISE Xetra® order book is designed to ensure client best advantage as time/price priority is a key characteristic of the system.
The Xetra® system was originally introduced by Deutsche Borse in 1997 and is considered one of the most advanced and reliable securities trading systems in the world with a high level of resilience and a built in back-up facility which enables it to perform consistently at almost 100% service levels for member firm participants.
Further details in relation to the operation of ISE Xetra® are outlined in the
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Possible exchanges for the german cash market are either the leading trading platform XETRA (driven by the Deutsche Boerse, Frankfurt), regional exchanges, bank inhouse trading ECNs or even foreign exchanges.
The actual result with the acceptance values from XETRA core system is returned in a separate callback to the function being declared in the initiating request call.
The same context stuff which is send with the request to XETRA will be received in the callback function as third parameter.
XETRA is the German stock exchange’s fully electronic trading platform, allowing trades in securities and investment funds to be made from any location and offering a high level of liquidity and transparency.
There are plans to register these ETFs for trading on the XETRA at a later date.
XLM measures the committed liquidity of the Xetra open limit order book by the Market Impact costs, in other words the costs of a immediate demand for liquidity.
The Xetra Top Liquids are determined by means of the Xetra Liquidity Measure.
The XLM is presented in basis points (100 basis point = 1 percent) in relation to the Market Impact costs of a certain order volume for the round trip (opening and closing a position in one point of time).
XETRA FM Facility - TIJUANA, BN, MEXICO(Site not responding. Last check: 2007-11-01)
Examining the XETRA transmitter, antenna and tower system provides the actual effective radiated power of XETRA, and a confirmed accuracy of the ERP calculations.
The XETRA transmitter is an occupied site, with an engineer available at all times to deal with any switching as needed.
This local, on-site studio is used when the satellite link fails, or when local programming mandated by Mexico is being broadcast.
Xetra ist das vollelektronische Handelssystem für den Kassamarkt und ermöglicht den Handel von Wertpapieren auf einer Plattform – an jedem beliebigen Standort der Welt.
Xetra setzt neue Standards in Bezug auf Liquidität, Transparenz, Geschwindigkeit und Flexiblität – zu niedrigsten Kosten.
Alle Informationen zu Xetra finden Handelsteilnehmer im Händlerportal, Investoren und Anlageberater bei boerse-frankfurt.com.
Meanwhile in Germany, the Xetra Dax gained 0.8 percent on the day to 4,962.86 after sharp losses on Monday in the wake of the outcome of Sunday’s elections there.
However, with elections scheduled for Sunday in Germany, the Xetra Dax was down 0.4 percent for the week to 4,986.50 as uncertainty over the outcome remained a concern for many.
In Europe on Thursday Germany’sXetra Dax index was down by 0.1 percent to 4,906.0, again affected by investors’ worries over the outcome of parliamentary elections to be held on Sunday.
Xetra, the fully-electronic cash market trading system of Deutsche Börse Group, enables trading in shares and warrants on a single platform from any location in the European Union and Switzerland.
With about 300 participants and approximately 3,300 connected traders, Xetra has established itself as a standard for fully electronic securities trading.
Eurex is the world’s largest futures and options exchange and is jointly operated by Deutsche Börse Group and Swiss Exchange.
XETRA-FM - Wikipedia, the free encyclopedia (via CobWeb/3.1 planetlab-3.cs.princeton.edu)(Site not responding. Last check: 2007-11-01)
XETRA Communicaciones / leased by Finest City Broadcasing, Inc.
The studios are located in the Kearny Mesa area of San Diego.
The station is operated by Finest City Broadcasting, Inc. located in San Diego, with the license and transmission facilities held by XETRA Communicaciones in Tijuana.
In Europe on Monday, the pan-European FTSE Eurofirst 300 gained 0.2 percent to close at 1,209.81, a new 39-month closing high.
In Germany, however, the Xetra Dax fell by 0.3 percent to 4,989.98.
A major factor in the Dax’s decline was the 3.3 percent fall of shares in Allianz after it announced major changes in its business structure, including its intention to buy out minority shareholders in its Italian subsidiary, RAS, for as much as €5.7 billion, and amounting to 44.6 percent of the Italian company.
PRESS RELEASE September 11, 2003: CSAM represented at the Xetra with four new listed index funds(Site not responding. Last check: 2007-11-01)
As of today, four new exchange-traded funds (ETFs) in the XMTCH family administered by Credit Suisse Asset Management (CSAM) Switzerland are authorized for Xetra trading in Germany.
The assets of this market segment have already grown to USD 15.8 billion since the first ETFs were launched in Europe in 2000.
The XMTCH on SMI® has already been authorized for Xetra trading since April 4, 2003.
Finance Markets » Xetra Dax listing rules eased (via CobWeb/3.1 planetlab-3.cs.princeton.edu)(Site not responding. Last check: 2007-11-01)
In Europe on Wednesday the equities markets saw advances, with the FTSE Eurofirst 300 up 0.7 percent to 1,289.1 and Germany’sXetra Dax adding 0.8 percent to 5,543.93.
The Dax was helped by an announcement by Deutsche Borse that it will make it easier for companies to list on the Dax.
China to trial $300 billion equities sale: China has approved the sale of state holdings to foriegn investment in a number of specified...
Deutsche Bank | Xetra (Exchange Electronic Trading)(Site not responding. Last check: 2007-11-01)
In contrast to floor trading, Xetra trading is carried out in a central open order book.
Electronic IBIS trading was discontinued with the introduction of Xetra trading in November 1997, as Xetra offers improved efficiencies at lower costs.
Market participants enter their orders into the trading system from their respective trading rooms.