Clearing & Settlement

Clearing & Settlement

Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange), ensures the orderly processing of stock exchange transactions.

In agreement with the respective clearing house, FWB defines which FWB transactions shall be included in central clearing and which securities can be the subject of such transactions. Moreover, it supports order execution by both CCP and non-CCP processing.

Fulfilment of transactions concluded on FWB occurs through Clearstream Banking AG or through another central securities depository recognised in the FWB “Rules and Regulations”.

Related topics


The Central Counterparty (CCP) supports customers in managing transactions, risks and collateral.


Settlement of transactions executed on the Xetra® or Frankfurt Stock Exchange systems is carried out by Clearstream Banking AG.

Additional Information

Market Status




Parts of the trading system are currently experiencing technical issues

The trading system is currently experiencing technical issues

Xetra newsboard

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

Emergency procedures

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