The segment structured products.at is divided in three subsegments:

certificates

The segment certificates includes all certificates, traded per unit and per percentage of the par value, that are admitted to listing on the Official Market or Second Regulated Market or admitted to trading in the Third Market.

The trading platform used is Xetra® Classic with the trading procedure “continuous auction“, provided the liquidity of trading and the avoidance of high price volatility is guaranteed by the issuer who as a member also acts as liquidity provider. Otherwise the trading procedure used is the "auction" (single, intraday auction) available.

exchange traded funds

The segment exchange traded funds includes all passively-managed investment funds that are admitted to listing on the Official Market or Second Regulated Market or admitted to trading in the Third Market. As a rule, the aim is to have at least one trading participant assume the function of market maker and agree to enter firm quotes on a permanent basis. It is desirable to have further commitments of market makers to increase liquidity. The trading platform is Xetra® T7 with the trading procedure "continuous trading" in combination with auctions (opening auction and closing auction); if there is no liquidity provided by a Market Maker, the trading procedure used is "auction" (single intraday auction).

warrants

The segment warrants contains all warrants that are admitted to listing on the Official Market or Second Regulated Market or included in trading in the Third Market.

Basically the trading platform used is Xetra® Classic with the trading procedure "continuous auction", provided the liquidity of trading and the avoidance of high price volatility is guaranteed by the issuer who as a member also acts as liquidity provider. Otherwise the trading procedure used is the "auction" (single, intraday auction).