Deutsche Börse
Further listing of a company from Deutsche Börse Venture Network
With the Hamburg-based fintech, The NAGA Group AG, the first company from the Deutsche Börse Venture Network has been listed in the SME segment Scale on the Frankfurt Stock Exchange. The issue volume of the IPO was €2.51 million. The first price was €3.60, the issue price €2.60.
The IPO was accompanied by Hauck & Aufhäuser Privatbankiers AG, which also has the role of a designated sponsor for Xetra trading. Steubing AG acts as the specialist on the Börse Frankfurt venue.
According to information provided by the company, the Naga Group aims to drive the development, marketing and growth of disruptive applications in financial technology and thereby play a part in the change and the opening up of existing financial markets.
Currently 45 equities and 14 corporate bonds are listed in the Scale segment at the Frankfurt Stock Exchange. Company admission for the segment includes meeting minimum requirements on key financial figures and cooperating with a Deutsche Börse capital market partner that checks the company's suitability for the segment and oversees companies after their IPO. Research reports commissioned and paid for by Deutsche Börse, and prepared by Edison Investment Research and Morningstar, are also mandatory. The Scale All Share Index tracks all Scale-listed 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.