With Xetra EnLight, Frankfurt Stock Exchange offers an on-exchange request-for-quote (RFQ) functionality for off-book trading in the cash market. Via Xetra EnLight, Members can execute trades in equities, ETFs and ETPs through an RFQ workflow. Xetra EnLight enables Members to leverage the full range of Deutsche Börse Group’s service offering: from trading to clearing to settlement, transaction reporting and post-trade transparency (trade reporting).

The following trading parameters apply to Xetra EnLight:

• In general, trading via Xetra EnLight is possible in all securities which are traded in the electronic trading system T7 at the trading venue Xetra (MIC: XETR).
• Trading takes place from 09:00 CET until 17:45 CET, i.e. via Xetra EnLight, offers may only be requested, entered and accepted during this time period.

Registered Xetra EnLight Respondents

* The list is updated every month. A daily updated overview can be found here ("SRQS Respondents Assignment List")

Trading parameters for Xetra EnLight as well as information on registering as a Xetra EnLight Respondent (Quote Provider) can be found here.