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Deutsche Börse: MDAX Securities On Xetra Tradable As Of One Share - Xetra Trading Even More Attractive For Private Investors

Date 20/02/2002

Starting March 1, all equities except the 30 DAX blue chips can be traded on the Xetra electronic trading platform in continuous trading in every order size. A round lot of one has now been introduced for all MDAX securities, as Deutsche Börse AG reported on Wednesday. Up to now, the smallest tradable order size in continuous trading of these stocks was 100 shares. Above all for private investors, this enhances the possibility of immediate execution for smaller orders on Xetra.

In addition to the MDAX stocks, the change in the minimum order size (round lot) also applies to all shares of DAX companies that do not form the basis for the index calculation. The round lot of one on Xetra is already valid for all stocks in the Neuer Markt and SMAX segments, selected foreign stocks like the Xetra US Stars (some 200 U.S. stocks in the Dow Jones Industrial Average, S&P 100, Nasdaq 100 and Global Titans 50) and the Xetra European Stars (currently 26 blue chips from the Dow Jones Euro STOXX 50 index).

Over 10,000 equities, warrants, exchange-traded funds and certificates are traded on Xetra. Xetra is the most liquid recognized reference market, with a market share most recently of more than 92 percent in German equities.