Liquidity is the central criterion for assessing market quality in electronic securities trading. Liquid markets benefit the investor as they enable the exchange of cash and securities at low trading costs.
Since February 2019, Deutsche Börse offers a new service with the intraday Xetra Liquidity Measure (iXLM): iXLM provides information on how the trading costs of an ETF have developed over the course of the day. Accordingly, investors can use the iXLM as an indicator for determining favourable trading times and thereby reduce their implicit trading costs. For calculation purposes, the trading day from 9:00 to 17:30 is divided into half-hour intervals and the iXLM is calculated retroactively for each half-hour. These values are published once a month in the ETF statistics.
Xetra Top Liquids (Shares)*
Market Status XETR ⓘ
XETR
The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.
Please find further information about incident handling in the Emergency Playbook published on the webpage under Data & Tech > Information Channels > Emergency procedures. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message
We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.
An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.