standard market
The segment standard market contains all stocks (also ADCs – Austrian Depositary Certificates)
admitted to listing on the Official Market or Second Regulated Market that fail to meet the
criteria for the prime market or mid market as well as participation certificates admitted to
listing on the Official Market or Second Regulated Market. The standard market is divided into the
standard market continuous and the standard market auction. The standard market is divided into the
standard market continuous and the standard market auction.
standard market continuous
The segment standard market continuous contains stocks admitted to listing on the Official Market
or Second Regulated Market.
At least one trading participant is required who assumes the function of a market maker and agrees to enter firm quotes on a permanent basis. In the interest of raising liquidity, it is desirable to have further commitments of market makers.
The trading platform used is Xetra® with the trading procedure "Continuous Trading" in conjunction with several auctions (opening auction, intra-day auction, closing auction).
At least one trading participant is required who assumes the function of a market maker and agrees to enter firm quotes on a permanent basis. In the interest of raising liquidity, it is desirable to have further commitments of market makers.
The trading platform used is Xetra® with the trading procedure "Continuous Trading" in conjunction with several auctions (opening auction, intra-day auction, closing auction).
standard market auction
The segment standard market auction contains less actively traded stocks and participation
certificates, that are admitted to listing either on the Official Market or Second Regulated
Market.
The trading platform is Xetra® trading system with the trading procedure "Auction" (single intraday auction), with the trading participants having the possibility of assuming the obligation of entering binding buy and sell prices during the trading phase as nostro orders and to concluded trades in such orders for the purpose market making.
The trading platform is Xetra® trading system with the trading procedure "Auction" (single intraday auction), with the trading participants having the possibility of assuming the obligation of entering binding buy and sell prices during the trading phase as nostro orders and to concluded trades in such orders for the purpose market making.