Subscription rights trading

Subscription rights trading

Deutsche Börse Cash Market makes available its subscription rights trading for securities on Xetra®:

  • In the context of a capital increase, shareholders can sell subscription rights they have received both efficiently and at fair prices, or acquire additional subscription rights.
  • A subscription right is accorded to existing shareholders in a company in the event of a capital increase.
  • The shareholders can – within a subscription period defined by the Management Board (at least two weeks) – either exercise the subscription right or sell it through the exchange, should the company have envisaged this option.

On receipt of the issuer’s application, the management of the Frankfurt Stock Exchange decides whether to include the subscription rights in trading.

Trading times: Xetra: 9:00 a.m.-5:30 p.m.
Tradable instruments: Subscription rights on shares that are admitted to the Regulated Market at the Frankfurt Stock Exchange or are included in trading there.


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.

Please find further information about incident handling in the Emergency Playbook published on the Xetra webpage under Technology --> T7 trading architecture --> Emergency procedures. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message

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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