The securities trading firms International Marketmakers Combination, Optiver, Van der Moolen Amsterdam, Archelon Deutschland and Timber Hill agreed to quote binding bid and ask prices in the trading of AEX25 blue chips on Xetra, which will provide high liquidity.
The companies quote the Dutch blue chips with at least 50,000 euros on both sides of the order book and a maximum spread of 1 percent. The aim is to offer exchange-trading participants an alternative for trading in Dutch equities on the pan-European trading system, Xetra.
Deutsche B?rse is increasing the number of Dutch equities continuously tradable on Xetra from 8 to 25, meaning that investors will be able to trade all of the equities in the AEX 25 index. Moreover, the clearing and settlement fees for these Dutch equities are brought down to the same level as applies to German instruments that are not settled through the central counterparty (CCP). Deutsche B?rse will refund a large part of the participant fees for Xetra and is supporting new customers by bearing the costs for the technical connection to Xetra.
There are currently 20 Dutch banks trading on Xetra, making them the third-largest group of foreign participants on the electronic trading platform. In mid-November, in cooperation with Dutch market participants, Deutsche B?rse will be expanding its portfolio of products and services for trading in Dutch equities.