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High-frequency trading – a discussion of relevant issues - Xetra

High-frequency trading – a discussion of relevant issues - Xetra

High-frequency trading – a discussion of relevant issues - Xetra

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<strong>High</strong>-<strong>frequency</strong> <strong>trading</strong> <strong>–</strong> a <strong>discussion</strong> <strong>of</strong> <strong>relevant</strong> <strong>issues</strong> May 2013Stop button enables Clearing Members to discontinue all <strong>trading</strong>activities <strong>of</strong> a Trading Participant5Stop buttonIllustrationDescriptionTradingParticipant5• The stop button functionality enables ClearingMembers to control (discontinue or release again) thetransactions <strong>of</strong> their <strong>trading</strong> participants.• At Eurex Exchange, this is also possible for <strong>trading</strong>participant.CentralCounterpartyClearingMember5Exchange(Eurex Exchange/<strong>Xetra</strong>)52

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