Member firms of the ISE with automated trading flow can benefit from greatly reduced execution fees by registering their automated trading programme (ATP). This service offered by the ISE to eligible ATPs requires the completion of the ATP Agreement, the ATP User ID Application, and the Other User Xetra Application Form, see below.
Other Users of ISE Xetra
In addition, member firms can also set up other user types with access to ISE Xetra® including system administrators, order routing services and direct market access(DMA). The ISE Xetra® system provides ISE member firms with the flexibility of a hierarchical system enabling firms to distinguish between the various types of traders and other users, and also group together similar users, in its organisation. This allows for the efficient management of a large number of users and simplifies the assignment of access rights.