The Dutch Equity Segment on Xetra will be launched on Monday. The German exchange and technology group says over 300 banks will be able trade all 25 equities in the Dutch equity index AEX25 continuously on the new segment.
Deutsche Borse is also lowering the clearing fees for trading in the AEX25 equities to the level of German equities. In order to facilitate the access for new participants to the Xetra electronic trading system, Deutsche Borse is also refunding part of the fees and bearing the costs of the technical connection to Xetra for new customers. Deutsche Borse satys this makes it the lowest-cost provider for trading and clearing in Dutch equities.
Deutsche Borse adds that Dutch financial-services providers Eduard de Graaff and Nyenburgh have decided to trade on Xetra, bringing the total of Dutch brokers and financial services providers trading on Xetra to 21. After UK-participants, they are the largest group of international participants on the pan-European trading platform.
A large number of banks support the Dutch segment and make trading in the AEX25 equities more attractive for private investors. Comdirect Bank, DZ Bank, Entrium, Fimatex and HVB Bank guarantee investors trading in AEX25 equities at the same fees as trading in German equities. A large proportion of these banks has agreed not to charge investors for partial executions in the trading of AEX25 equities. Deutsche Borse does not charge any fees for partial executions on Xetra as a matter of principle.
As already announced, five market makers have a binding commitment to provide for high liquidity in the trading of Dutch equities and thus make trading more attractive. The securities trading firms International Marketmakers Combination, Optiver, Van der Moolen Amsterdam, Archelon Deutschland and Timber Hill will quote binding bid and ask prices continuously on Xetra.