015/2024: Amendment to the Price List for the Utilization of the Exchange EDP of FWB Frankfurt Stock Exchange and of the EDP XONTRO, effective as of 20 May 2024

1. Introduction

With this circular, we inform you about amendments to the Price List for the Utilization of the Exchange EDP of FWB Frankfurt Stock Exchange and of the EDP XONTRO, Part A (Price List T7), effective as of 20 May 2024.

The changes to the Price List T7 list concern the introduction of the option of providing liquidity by Retail Liquidity Providers (RLP) for the execution of Retail Orders as part of the Xetra Retail Service with T7 Release 12.1 with effect from 20 May 2024.

Since the introduction of the Xetra Retail Service on 1 January 2024, registered Retail Member Organisations (RMOs) have been offered reduced transaction prices or a complete waiver of transaction fees.

2. Required action

FWB^® Trading Participants who want to provide liquidity within the framework of the Xetra Retail Service must conclude the contract for participation in the Xetra Retail Service as a Retail Liquidity Provider (RLP contract) with Deutsche Börse AG. The RLP contract can be accessed on the Xetra website www.xetra.com under the following path: > Trading > Trading fees and charges.

3. Details

For RLPs, special transaction prices including volume rebates apply for the provision of liquidity in shares in the L Account, as well as a special fee for excessive system usage. In addition, a minimum monthly transac-tion fee is envisaged for executed orders in shares in the L account, which will be determined considering the retail order volume participating in the Xetra Retail Service and will be introduced with effect from September 2024.

For RLPs that reach an executed order volume of at least €1,000,000 in shares in the L Account in the first week after the start of the option to provide liquidity as part of the Xetra Retail Service, reduced transaction prices will apply for 2024.

The abovementioned rules, apart from the minimum monthly transaction fee, which is initially suspended, can be found in the sections of the Price List T7 attached to this circular.

The amendments to the Price List T7 will be deemed to be approved, unless the Trading Participant admitted at the Frankfurt Stock Exchange files objections to the amendments with Deutsche Börse AG, Mergenthalerallee 61, 65760 Eschborn, Germany, in writing within six weeks after the amendments’ announcement.

Attachment:

• Amended sections of the Price List for the Utilization of the Exchange EDP of FWB Frankfurt Stock Exchange and of the EDP XONTRO, Part A (Price List T7), valid as of 20 May 2024

Further information