on CS MEDICA (isin : DK0061668225)
CS MEDICA Stock Now Also Traded on XETRA
The shares of CS MEDICA A/S (ISIN DK0061668225) have been listed on the Frankfurt Stock Exchange since March 2, 2023. The company has now mandated the private bank Hauck Aufhäuser Lampe to include its shares in Deutsche Börse AG's trading venue XETRA, ensuring continuous trading.
As of today, the 12,322,635 registered shares of the company can now be traded via the electronic trading system XETRA. In XETRA, Designated Sponsors provide additional liquidity by placing binding bid and ask sizes in the order book during continuous trading and auctions. Hauck Aufhäuser Lampe ensures higher liquidity in the stock this way.
High-quality criteria are imposed on Designated Sponsors by Deutsche Börse AG for liquidity provision. Hauck Aufhäuser Lampe has achieved the highest rating ('AA') from Deutsche Börse for years.
"By including our shares in the XETRA trading platform, we offer both existing and future shareholders an additional trading opportunity," says Lone Henriksen, CEO of CS MEDICA A/S. The company aims to further increase liquidity and strengthen the free float, minimizing the spread between bid and ask prices.
R. P.
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