As of today, the liquidity band for shares of Teamviewer AG, DWS Group, Knorr-Bremse AG and Siemens Healthineers AG have been changed. The liquidity band (tick size) indicates the smallest possible price change of an instrument. Uniform limit steps for stock exchange trading have been introduced with MIFID II throughout Europe.
The new liquidity bands are as follows:
| Instrument ISIN | Short Code | Liquidity Band from → to |
|---|---|---|
| Teamviewer AG DE000A2YN900 | TMV | LB6 → LB5 |
| DWS Group DE000DWS1007 | WTE | LB4 → LB6 |
| Knorr-Bremse AG DE000KBX1006 | KBX | LB4 → LB6 |
| Siemens Healthineers AG DE000SHL1006 | SHL | LB5 → LB6 |
For Teamviewer, for example, the liquidity band 5 now applies. This means that for orders with a limit between EUR 20 and EUR 50, price steps of EUR 0.01 instead of EUR 0.05 will be accepted by the system in future. All orders with limits that do not correspond to the new price levels are deleted by the system.
The exact price intervals can be found in our detailed overview.