1.   Introduction

With this circular, we inform you about amendments to the Price List for the Utilization of the Exchange EDP of FWB Frankfurt Stock Exchange and of the EDP XONTRO, Part A (Price List T7), effective as of 1 July 2025.

The changes to the Price List T7 relate to the following:

A.  Expansion of the scope of application of the Minimum Transaction Fee and the Rebate for New Trading Participants

B.  Extension of the Midpoint Order Introduction Programme

2.   Required action

For FWB Trading Participants who are already taking part in the Midpoint Order Introduction Programme, their participation is automatically extended. Other FWB Trading Participants can apply for participation in the Midpoint Order Introduction Programme using the form “Participation Xetra Midpoint Incentive Scheme”, which can be downloaded from the Xetra website www.xetra.com under the following path: Trading > Trading Models > Xetra Midpoint.

3.   Details of the initiative

A. Expansion of the scope of application of the Minimum Transaction Fee and the Rebate for New Trading Participants

Editorial change in relation to the scope of the Minimum Transaction Fee and the Rebate for New Trading Participants.

B. Extension of the Midpoint Order Introduction Programme

The Midpoint Order Introduction Programme in the form of a pro rata payment of a monthly amount of EUR 50,000 for executed Midpoint Orders to Trading Participants participating in the Xetra Midpoint Incentive Scheme will be extended until December 2025.

The amendments to the Price List T7 will be deemed to be approved, unless the Trading Participant admitted at the Frankfurt Stock Exchange files objections to the amendments with Deutsche Börse AG, Mergenthalerallee 61, 65760 Eschborn, Germany, in writing within six weeks after the amendments’ announcement.

Attachment:

• Amended sections of the Price List for the Utilization of the Exchange EDP of FWB Frankfurt Stock Exchange and of the EDP XONTRO, Part A (Price List T7), valid as of 1 July 2025

Further information