X
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XB (Price Addendum)
XB = the order was executed immediately within the scope of Xetra® BEST.
A price addendum is a code that is added to the price in floor trading. It
states in what way the respective order situation is to be taken into account
as the price is fixed. This information is part of the tick data.
XB as a price addendum indicates that the order was executed within the scope
of Xetra BEST. Xetra BEST exclusively handles orders from private investors.
These orders are executed immediatedly and at a better price than in the
current Xetra order book.
Private investors have the possibility to track all Xetra
BEST trades from the previous 5 days, and compare the "improved" Xetra
BEST prices with those available in the Xetra orderbook at the time of
execution.
Verwandte Begriffe
© Deutsche Börse Frankfurt
Letztes Update: 2008-08-25
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