Stocks: Like in the US: Deutsche Börse starts trading in Dax stocks around the clock
The Frankfurt stock exchange operator is responding with its move to a trend on Wall Street. If there is sufficient demand, an expansion of the offering is also conceivable.
The Deutsche Börse has introduced 24/7 trading of Dax stocks through its subsidiary 360X, making it the first European financial market infrastructure to offer this service. Trading is facilitated through Market Makers who provide quotes upon request, but it does not involve continuous trading like the Xetra electronic trading system.
The Dax index will still be calculated only during core trading hours of 9am to 5:30pm. This move aims to increase liquidity outside core trading hours, potentially leading to better buy and sell prices for customers.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.