Every person must first be admitted as an exchange trader to Frankfurter Wertpapierbörse (FWB®) before being granted authorisation to trade on Xetra® or Frankfurt on behalf of the trading member company they work for.
Every exchange participant can have an unlimited amount of traders. An exchange participant must, however, have at least one authorised trader in order to comply with requirements for FWB trading.
Furthermore, admission as an exchange trader is possible only on behalf of one company admitted to the exchange. Should an exchange trader move to another company, the trader admission linked to the company must be returned by means of eXAS and trader admission for the new company applied for.
Persons who are to be entitled, in accordance with section 12 para. 3 of the FWB Exchange Rules, to trade for an admitted company at the exchange must be reliable and have the requisite professional skills.
A. As proof of the admission requirements in accordance with the Admission Regulation for Exchange Traders at the FWB, application for admission, with the required documents and references, can now only be made via eXAS in the Members Only section:
A copy of the examination certificate in accordance with section 3 para. 2 of the Admission Regulation of a successfully passed trader examination at the FWB within the two years prior to the application being made or an equivalent proof (§ 3 Abs. 3) (e.g. final examination of the “Börsenhändlerlehrgang”).
1. Application as an exchange trader at the FWB
2. As proof of personal standing, the following documents, in particular, must be enclosed with the application:
a) Complete curriculum vitae, which must contain all given names, maiden name, date of birth, place of birth, and nationality
b) Declaration of personal reliability in accordance with section 2 of the Admission Regulation for Exchange Traders at the FWB
3. As proof of professional qualification (professional expertise and practical experience), the following documents must be enclosed with the application:
a) Proof of successful attendance of a functional system training course in accordance with section 16 of the Admission Regulation or
b) Proof of participation in trading at an exchange or on a multilateral trading system for a period of at least six months within the two years prior to the application being made.
Should a trader not possess the above-listed professional expertise and practical experience, s/he may register for the FWB exchange trader examination and FWB system training course.
Registration for the FWB trader examination and the FWB system training is only possible in combination with an application for admission as an exchange trader at the FWB.
B. Move of an exchange trader to another admitted company:
In the case that an FWB exchange trader moves to another admitted company, the trader has two possibilities to confirm his expertise, either by proving he has successfully passed the FWB trader examination, or that he was admitted as a trader for his previous company for at least twelve months within the last two years. Furthermore, confirmation of the applicant’s practical experience in trading for at least six months in the last two years is required.
Information on admission as a trader for trading at Eurex Deutschland can be found on the Eurex website.
Thanks to eXAS, the electronic eXchange Admission Service, the admission of exchange traders to the FWB is simple, fast, and transparent. You will find this service in the Member Section portal.
eXAS enables ...
eXAS is available via the Service Point in the Xetra Member Section. Applicants will also find the user manual for the service here.
Contact us:
| Subject | Our team | Contact |
Web user administration in the Service Point | Member Section team | +49 69 21117888 member.section@deutsche-boerse.com |
Functional questions and further information about eXAS | Member Services & Admission team | +49 69 21117888 person.admission@deutsche-boerse.com |
User ID maintenance | Clearing Data Control team | +49 69 21112453 clearingdata@deutsche-boerse.com |
Market Status XETR ⓘ
XETR
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