Frankfurt Stock Exchange expands trading hours for certificates

Deutsche Börse Cash Market has just announced that investors can now trade round about one million certificates and warrants on the Frankfurt Stock Exchange from 8 am to 10 pm – expanding trading hours to one hour earlier in the morning and two hours longer in the evening. It is the first time that trading hours in Frankfurt are extended until 10 pm in the evening.

The new trading hours amongst others enable investors to react to events on the US markets late in the evening and thereby take advantage of regulated stock exchange trading. This includes the independent trading surveillance, which ensures a fair and orderly processing, an automatic trade control, which undertakes a check routine of each transaction right after its execution, as well as the high transparency and central traceability of each individual transaction.

On-exchange trading offers investors a better liquidity, as all incoming orders are bundled in the order book. This increases the possibility to achieve better prices,” said Simone Kahnt-Eckner, Executive Board Member of Börse Frankfurt Zertifikate AG.

Especially as our free trading offer also applies during extended trading hours”, adds Florian Claus, who is also Executive Board Member of Börse Frankfurt Zertifikate AG. This means no trading fee is charged for order executions up to a volume of €1,000. “All in all, we expect that longer trading hours will further shift certificate trading from OTC to on-exchange trading,” Claus continued.

In total, around 1.6 million certificates and warrants can be traded on the Frankfurt Stock Exchange. Which securities are tradable for longer from now on is the decision of the respective issuer and can be accessed via the website of the Frankfurt Stock Exchange. Initially, 11 issuers will offer longer trading hours for their products.

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