Xetra® (Exchange Electronic Trading) is a trading system of Deutsche Börse AG for the fully electronic trading of equities, bonds and structured products (cash market).
- Xetra® Classic – Since 5 November 1999, the trading architecture Xetra® Classic is used for trading on the cash market of Wiener Börse.
- Xetra® T7 – Since 31 July 2017, the trading architecture Xetra® T7 is used for trading on the cash market of the Vienna Stock Exchange, in addition to Xetra® Classic. In a first step, all tradable equities and ETFs were transferred into Xetra® T7 and are no longer available in Xetra® Classic. All other instruments (bonds, certificates and warrants) can still be traded in Xetra® Classic. The current version of Xetra® T7 (Release 5.0) was introduced on Wiener Börse on 31 July 2017.
In Xetra®, all entered buy and sales orders are compiled in the central trading system and, if the price (limit) and the volume fit, automatically executed.