Deutsche Börse Group Launches 24/7 Trading for DAX 40 Equities on 360X

Deutsche Börse Group offers 24/7 trading coverage for DAX 40 equities through off-hours execution on 360X’s regulated MTF segment.

360X facilitates Request-for-Quote (RfQ) execution during overnight hours and weekends, while Xetra continues to provide institutional benchmark liquidity during core European market hours (Monday to Friday, 09:00 to 17:30 CET) as well as extended retail service on T7 (Monday to Friday, 08:00 to 22:00 CET).

Together, this enables clients to trade DAX 40 equities settled in euro outside regular exchange hours. This is a significant step towards an always-on European market infrastructure.

This dual offering allows standard DAX 40 instruments to be traded exclusively via 360X’s RfQ module, leaving core Xetra processes entirely unchanged. Standard auction cycles will persist, and off-hours closing prices on 360X will not dictate opening prices or impact opening auctions on Xetra. 

Existing Deutsche Börse clients can already activate 360X today through a simplified administrative process within the Deutsche Börse Member Section. Participants can also continue using their established post-trade connections, with all trades settling bilaterally into their existing Clearstream accounts. 

“Deutsche Börse Group aims to be the first European Financial Market Infrastructure to enable a 24/7 offering of traditional blue-chip equities,” says Eric Leupold, Head of Cash Market at Deutsche Börse Group.

“By enabling the DAX 40 constituents on 360X, we are safely bridging deep, regulated liquidity pools with the flexibility of round-the-clock availability, ensuring our clients can manage risk whenever global markets move; all while preserving the absolute integrity of the core Xetra benchmark cycles,” adds Carlo Kölzer, Head of Digital and FX at Deutsche Börse Group and Co-CEO of 360X.

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Editorial note: We kindly provide you with printable photos of Eric Leupold and Carlo Kölzer. 

Media contact:
Niels Tomm
+49 172 300 9640
niels.tomm@deutsche-boerse.com 

Ben Keil
+49 176 41736778
ben.keil@360x.com 

About Deutsche Börse Group
As an international exchange organization and innovative market infrastructure provider, Deutsche Börse Group ensures that capital markets are fair, transparent, reliable, and stable. With its wide range of products, services, and technologies, the Group organizes safe and efficient markets for sustainable economies.

Its business areas cover the entire financial market transaction process chain. This includes the provision of indices, data, software, SaaS, and analytical solutions, as well as admission, trading, and clearing. Additionally, it comprises services for funds, the settlement and custody of financial instruments, and the management of collateral and liquidity. As a technology company, the Group develops state-of-the-art IT solutions and offers IT systems worldwide.

With over 17,000 employees, the Group is headquartered in the financial center of Frankfurt/Rhine-Main and has a strong global presence in locations such as Luxembourg, Prague, Cork, London, Paris, Copenhagen, New York, Chicago, Hong Kong, Singapore, Beijing, Tokyo, and Sydney.

About 360X
360X is a Frankfurt-based, regulated trading venue and investment firm powering the future of on-chain capital markets. Backed by Deutsche Börse Group and regulated by BaFin and ESMA, 360X provides a secure, institutional-grade marketplace for trading digital financial instruments across multiple asset classes.

The platform operates OTC, MTF, and DLT-MTF market segments with seamless connectivity via API, FIX protocol, and the Deutsche Börse Member Section. Built to be technology- and settlement-agnostic, 360X supports all major DLT and traditional systems, enabling flexible settlement using cryptocurrencies, stablecoins, or fiat. For more information, please visit www.360x.com.