Segment Participant Variable Minimum Maximum
prime market Agent/
Principal Class 1
3.00 bp EUR 1.90 EUR 60.00
Agent/
Principal Class 2
2.00 bp EUR 1.40 EUR 40.00
Agent/
Principal Class 3
1.00 bp - EUR 20.00
Market Maker 1.00 bp - EUR 10.00
Specialist 0.00 bp - -
mid market continuous
standard market continuous
Agent 3.00 bp EUR 1.90 EUR 60.00
Principal 3.00 bp EUR 1.90 EUR 60.00
Market Maker 1.00 bp - EUR 10.00
mid market auction Agent 4.00 bp EUR 4.00 -
Principal 4.00 bp EUR 4.00 -
Liquidity
Provider
3.00 bp EUR 4.00 -
standard market auction   5.00 bp EUR 4.00 -
global market Agent/
Principal
3.00 bp EUR 1.90 EUR 60.00
Market Maker 2.00 bp EUR 1.40 EUR 40.00
bond market.at Agent/
Principal
1.00 bp EUR 5.00 EUR 40.00
Market Maker 1.00 bp - EUR 10.00
other securities.at Agent 6.00 bp EUR 4.00 -
Principal 6.00 bp EUR 4.00 -
Market Maker 1.00 bp EUR 1.90 -
Liquidity
Provider
6.00 bp EUR 4.00 -
certificates
warrants
Agent EUR 5.00 - -
Principal EUR 5.00 - -
Liquidity
Provider
0.50% EUR 1.90 EUR 5.00
exchange traded funds Agent 3.00 bp EUR 1.90 EUR 60.00
Principal 3.00 bp EUR 1.90 EUR 60.00
Market Maker 1.00 bp EUR 1.90 EUR 10.00

Each bp (basis point) representing 1/10,000 of the trading volume per trade and side in Euro.

The transaction fees for agent and principal trades on the prime market are calculated based on the trading volumes of the members within one calendar month. The total trading volumes of a member are recorded at the end of every trading day during a calendar month broken down by the agent and principal trades of the current month. As soon as the respective turnover thresholds of the turnover classes for agent and principal trades pursuant to the table are passed, all further trades of a member during the current month are invoiced at the transaction fees that apply to the next turnover class.

Turnover Classes on the prime market

Class Lower limit p.m. Upper limit p.m.
1 as of EUR 0 up to EUR 200m
2 over EUR 200m up to EUR 400m
3 over EUR 400m -

If a trading participant is a 100% subsidiary of another trading participant (direct or indirect) and both take part in trading on the cash market, then the trading volumes in agent and principal trades of these trading participants are added for the purpose of computing the turnover classes.

Adjustment Fees – Cash Market

Adjustments Fee Calculation basis
Changes in cash market trades under Xetra® EUR 5.00 per change
and trade
Cancellations of cash market trades in Xetra®
by WBAG  with the exception of trades
in certificates and warrants
EUR 100.00 per order
triggering cancellation
Cancellations: trades on certificates and warrants
in Xetra® by WBAG
EUR 30.00 per order
triggering cancellation
Manual order entry by WBAG EUR 5.00 per order
Manual order deletion by WBAG EUR 0.00 per order

Downloads

Schedule of fees (pdf-file 340 KB)