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Price category
Price category Classification of securities prices determined on FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange).
Price categories provide information on the method used to determine prices in the Xetra® electronic trading system or on the floor.
There are eight different price categories:
In floor trading:
- E = Opening price
- K = Spot price for securities with a daily price determination by the market maker, typically by 12.00 p.m.
- V = Variable trading in continuous listing, price determination is possible at all times
In Xetra® trading:
- A = Auction (regular auction)
- C = Continuous Trading
- F = Final Auction
- O = Opening Auction
- V = Volatility Interruption Auction