The new round-the-clock service operates through 360X, a multilateral trading facility where Deutsche Börse holds a significant stake. This implementation utilizes a Request-for-Quote (RfQ) module, ensuring that liquidity remains accessible even when the primary Xetra system is dormant. Eric Leupold, head of cash market at the group, positioned the move as a foundational shift toward building a truly continuous European market infrastructure.
Despite this expansion, the core Xetra exchange remains the primary venue for standard trading hours, which run Monday through Friday from 09:00 to 17:30, with extended retail services available until 22:00. The exchange operator emphasized that the 24/7 service operates independently of Xetra’s standard auction cycles. Closing prices generated on the 360X platform during off-hours will not influence the opening auctions or reference prices on the main exchange, preserving the integrity of the core market processes.




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