Floor Trading Circular

Floor Trading Circular
To all Financial Institutions, Securities Trading Banks,
Financial Services Providers and Lead Brokers admitted to
the Frankfurter Wertpapierbörse (Frankfurt Stock Exchange)
Deutsche Börse AG
Stock Market Business
15 December 2006
Floor Trading Circular No. 22/2006
Trading Hours for Bonds at Frankfurt Stock Exchange
Subsequent Processing of Price Determinations
Development, Product
Design
Neue Börsenstraße 1
60487 Frankfurt/Main
Mailing address
60485 Frankfurt/Main
Phone
Dear Sir or Madam,
+49-(0) 69-2 11-1 45 66
Due to frequent inquiries by our market participants we would like to point out
the following:
Fax
+49-(0) 69-2 11-61 45 66
Internet
deutsche-boerse.com
Trading Hours for Bonds
E-mail
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For variably traded bonds in the Official and Regulated Market as well as
in the Regulated Unofficial Market (Open Market) at Frankfurt Stock
Exchange, trading will take place from 9:00 to 17:30 CET.
As of 1 January 2007, Single Price determination for all bonds will start
at 11:00 CET, in contrast to the current regulation.
In the XONTRO system, closing time for acceptance of orders in
mortgage bonds for which only Single Price determination takes place, is
set to 11:00 CET for the Frankfurt Stock Exchange.
For other bonds in Single Price determination, order entry is possible up
until the order book is blocked for price determination.
Subsequent Processing of Price Determinations
markus.ernst@
deutsche-boerse.com
Chairman of the
Supervisory Board
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Subsequent processing of price determinations in which not all
executable orders were (fully) executed (especially price determinations
marked with addenda “bB” or “bG”) has to be performed immediately.
Kurt F. Viermetz
Executive Board
Reto Francioni
(Chief Executive Officer)
Should you have any further questions, please do not hesitate to contact us at
telephone no. +49-(0) 69-2 11-1 45 66.
Matthias Ganz
Mathias Hlubek
Michael Kuhn
Andreas Preuß
Jeffrey Tessler
Yours faithfully,
Aktiengesellschaft
mit Sitz in
Rainer Riess
Jochen Thiel
Frankfurt/Main
HRB Nr. 32232
Amtsgericht
Frankfurt/Main