Euronext vs Xetra: hours, settlement and tech listings compared
How the Euronext (Paris and Amsterdam) and the Deutsche Börse Xetra differ for technology investors: trading hours, currency, settlement, price limits and the tech companies each one lists.
Euronext: 09:00–17:30 local
Xetra: 09:00–17:30 local
Key differences
- On 19 October 2026 their regular sessions overlap for 8 h 30 min, between 07:00 and 15:30 UTC. The overlap changes when clocks move for daylight-saving time.
- Both trade in EUR, so there is no currency difference between them.
- Both settle trades on T+2.
- In the next 12 months Euronext has 4 weekday holidays and 2 early closes.
- In the next 12 months Xetra has 6 weekday holidays.
Side by side
| Euronext | Xetra | |
|---|---|---|
| Country | France and the Netherlands | Germany |
| Operator | Euronext N.V. | Deutsche Börse Group |
| Currency | EUR | EUR |
| Local trading hours | 09:00–17:30 (Europe/Paris) | 09:00–17:30 (Europe/Berlin) |
| Your time today | — | — |
| Settlement | T+2 | T+2 |
| Price limits | No fixed daily limit. Price collars pause a stock in a short reservation period when it moves too far. | No fixed daily limit. Volatility interruptions switch a stock into an auction when its price moves outside set ranges. |
| Minimum trading unit | 1 share | 1 share |
| Regulator | National regulators such as the AMF (France) and AFM (Netherlands), under EU rules coordinated by ESMA | BaFin and the Exchange Supervisory Authority of Hesse |
| Technology benchmark | Euronext Tech Leaders | TecDAX (the 30 largest technology stocks in the Prime Standard) |
| Main indices | CAC 40, AEX, Euronext 100 | DAX, MDAX, SDAX, TecDAX |
| Listing boards | Euronext (regulated market), Euronext Growth, Euronext Access | Prime Standard, General Standard, Scale |
Tech companies listed
Euronext
Xetra
Examples of well-known listings, not recommendations.
More about each exchange
- Euronext (Paris and Amsterdam) profile
- Deutsche Börse Xetra profile
- Add a third exchange in the comparison tool
Guides
T+1 Settlement Explained: Which Markets Settle Next Day
The US, Canada and India already settle share trades in one day; the EU, UK and Switzerland plan to follow on 11 October 2027. What T+1 means for your cash, dividends and trades abroad.
Growth Boards for Tech Companies Compared
Where young technology companies list around the world: AIM, Euronext Growth, First North, Scale, TSE Growth, STAR Market, ChiNext and KOSDAQ compared, with the risks for investors.
Global Stock Market Hours: When the Big Exchanges Overlap
When do Tokyo, Hong Kong, London, Frankfurt and New York trade at the same time? Trading hours in UTC, the Europe–US overlap and why it changes twice a year.