1. Introduction
Subject to the issuer’s admission to the Regulated Market (Prime Standard), we hereby inform you about the procedure for the first price determination on trading venue Xetra (MIC: XETR) for shares of TeamViewer AG on 25 September 2019.
First trading day: 25 September 2019
2. Action required
Trading Members have to make sure that the Product Assignment Group of the new instrument is assigned to their trader groups.
3. Details of the first price determination
The following trading parameters will apply:
Trading model: Continuous Trading
Pre-trading on the first trading day will start at around 07:30 CEST. The call phase for the first auction (Opening Auction - Opening Auction Call; display in Xetra: “OpnA”) will start at 09:00 CEST and will last at least 15 minutes. Consequently, the first price determination in Xetra trading will take place not earlier than 09:15 CEST.
This will be a normal Opening Auction with the following information:
During the Opening Auction Call Phase, if the order book is crossed, the indicative auction price, auction volume and auction surplus (volume and side) will be displayed.
If the order book is not crossed during the Opening Auction Call Phase, the best bid limit and the best ask limit with their respective volumes will be displayed.
Directly after the Opening Auction, Continuous Trading will follow.
Please note the following special procedures:
Please also consider the information given in the attachment:
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.