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Eurex Clearing is to lower the fixed clearing fees for equity transactions on Xetra and the floor of the Frankfurt Stock Exchange with effect from 1 July. The fixed clearing fee for Xetra transactions is to be lowered by 20 percent to €0.40 per order as of that date. The volume-dependent clearing fee remains unchanged at 0.0015 percent of the transaction value. This reduces the total clearing fee for Xetra transactions by an average of approximately 8 percent. The lower clearing fees make algorithmic trading on Xetra even more attractive, currently around 50 percent of all Xetra orders are generated by algorithmic trading. The fee reductions will have a particular impact on clients who have not yet profited from the existing discount model for automatically generated orders. Eurex Clearing thus supports the continued growth of particularly price-sensitive trading volumes.
The clearing fee for floor trading transactions on Frankfurt Stock Exchange will be lowered by 10 percent to €0.45 per contract note. Lower clearing fees make the Frankfurt Stock Exchange more attractive for private investors as well as banks.
