Market Description

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Trades are generated on the UTP (Universal Trading Platform) hosted by Euronext’s European cash markets

 

The Luxembourg Stock Exchange operates two markets. The first, the 'Bourse de Luxembourg' market opened in May 1929 and it later became a European regulated market. As such, it offers a European passport. The other, opened in July 2005, is named 'Euro MTF' and is a Multilateral Trading Facility. The same rules and regulations and trading mechanism apply to both markets.

Trading mechanism

This is a short summary of trading on the LuxSE. Complete details are in the following documents.

Key documents

Opening hours 

Platform

  • Fully automated and decentralized markets

  • Trades generated on the UTP (Universal Trading Platform) hosted by Euronext’s European cash markets

  • Direct access to this platform for member firms through their own architecture or any ISV network

The UTP system is subject to permanent review and updating, with a view to always providing the best trading service possible to market participants. The system is capable of handling exceptionally large volumes rapidly.

Trading groups

Securities are divided into trading groups based on different trading procedures. The composition of these groups, determined on the basis of factors such as the particular characteristics and liquidity of the securities, is detailed in the appendix to the Trading Manual.

Securities within the same group are subject to the same timetable and price variation rules. The Luxembourg Stock Exchange announces the admission of a financial instrument to trading groups by means of a notice.

Securities are traded on the Luxembourg Stock Exchange trading platform either

  • Continuously for liquid securities

  • By auction for less liquid securities

The times of the different phases of the trading day are in the appendix to the Trading Manual.

Real-time monitoring and supervision is performed by the Markets & Surveillance Department of the Luxembourg Stock Exchange.

 

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Contact

Market and Surveillance /
Market Development
Guy Weymeschkirch
Tel: +352 47 79 36 236
Fax: +352 47 79 36 269
gwe@bourse.lu
Becoming a Trading Member

Tel: +352 47 79 36 200
membership@bourse.lu

Maurice Bauer
Tel: +352 47 79 36 248
mba@bourse.lu

Guy Weymeschkirch
Tel: +352 47 79 36 236
Fax: +352 47 79 36 269
gwe@bourse.lu

Société de la Bourse de Luxembourg S.A.
35A Boulevard Joseph II
B.P.165
L-2011 Luxembourg

 

Market Opening Times

Monday - Friday

9:00  am - 5:35 pm

 

Informational Brochures