{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/FXT",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# FINEXITY AG NA O.N. (Xetra: FXT) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nFINEXITY AG NA O.N. is listed on Xetra under ticker FXT, ISIN DE000A40ET88, LEI 8945008OPOP1OA3OUJ12. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record, because the Xetra instruments file carries index membership and not a sector classification. Its status on the record date of 2026-11-06 is listed, not halted.\n\n## The disclosure read\n\nThe record holds 22 filings in the twelve months to 2026-11-06, across 11 filing days. Of these, 3 are ad hoc, 18 are corporate news and 1 is a newswire release. The median gap between filing days is 3.5 days. The latest filing is dated 2026-11-06, is of type corporate news, and falls 0 days before the record date. The Xetra exchange median is 6 filings, a median cadence gap of 22.8 days and a median latency of 5.5 days, across 419 issuers. The sector median is not on the record for DE.\n\n## Auditor\n\nThe auditor of record is not on the record. The record carries only the annual report link, which is a source link and not a read. The auditor's location is not on the record, and auditor changes are not on the record because no lifecycle type map exists for this register.\n\n## Events and halts\n\nThe listing, delisting, name change, domicile change and segment move lines are not on the record, because no lifecycle type map exists for this register. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is determinable for all three client categories under signal ACM-200: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's own investor-relations page names 2 research houses: GBC AG and Nu Ways.\n\n## Open research\n\nThe record holds 3 openly published research notes: GBC Research dated 2026-05-08, NuWays AG dated 2026-05-06, and GBC Research dated 2026-03-19.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n11 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/8945008OPOP1OA3OUJ12 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/FXT (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.finexity-group.com/investor-relations/analyst-coverage (coverage)\n- https://content.finexity.com/hubfs/documents/finexity-group/Analyst-Coverage/FINEXITY-Group_GBC_Research-Note_20260508_EN.pdf (open research)\n- https://content.finexity.com/hubfs/documents/finexity-group/Analyst-Coverage/FINEXITY-Group_Nu-Ways-EN_20260506.pdf (open research)\n- https://content.finexity.com/hubfs/documents/finexity-group/Analyst-Coverage/FINEXITY-Group_IC_GBC-Research_EN_202600318.pdf (open research)\n- https://mcp.de-cm-kg.ai/record/XETRA/FXT (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "DE",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/FXT",
  "coverage": {
   "count": 2,
   "houses": [
    {
     "analyst": "Matthias Greiffenberger; Cosmin Filker",
     "house": "GBC AG",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.finexity-group.com/investor-relations/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Christian Sandherr",
     "house": "Nu Ways",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.finexity-group.com/investor-relations/analyst-coverage",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.finexity-group.com/investor-relations/analyst-coverage",
     "result": "read: 2 of 4 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "ad_hoc": 3,
    "corporate_news": 18,
    "newswire_release": 1
   },
   "cadence_median_gap_days": 3.5,
   "filing_days": 11,
   "filings": 22,
   "latency_days": 0,
   "latest": [
    {
     "category": "corporate",
     "date": "2026-11-06",
     "source": "https://www.eqs-news.com/news/corporate/finexity-ag-finexity-issues-2026-2030-bond-with-a-minimum-of-7-00-p-a-either-conventionally-in-a-securities-account-or-as-a-crypto-security-in-a-wallet/aaf5c2bb-deb3-4269-b9a8-b60e1a3a44d6_en",
     "title": "Finexity AG: FINEXITY issues 2026/2030 bond with a minimum of 7.00% p.a. – either conventionally in a securities account or as a crypto security in a wallet | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "ad-hoc",
     "date": "2026-11-06",
     "source": "https://www.eqs-news.com/news/ad-hoc/finexity-ag-finexity-issues-2026-2030-bond/de4ab556-c89f-419c-8c3e-7f9ec97182ef_en",
     "title": "Finexity AG: FINEXITY issues 2026/2030 bond | Ad-hoc - EQS News",
     "type": "ad_hoc"
    },
    {
     "category": "research",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/research/original-research-finexity-ag-von-gbc-ag-kaufen/0329fbb0-4f8a-4603-be40-bf9bb4c0fb09_de",
     "title": "Original-Research: Finexity AG (von GBC AG): Kaufen",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/corporate/finexity-ag-nuways-and-gbc-confirm-price-targets-following-capital-markets-day-and-9-month-figures-taking-the-share-split-into-account/9c2437d9-efa1-478f-82c0-4c7855072ca8_en",
     "title": "Finexity AG: NuWays and GBC confirm price targets following Capital Markets Day and 9-month figures, taking the share split into account | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "research",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/de/news/research/original-research-finexity-ag-von-gbc-ag-buy/6c9f28c4-cdaa-40fa-a97e-26a189dddc3a_en",
     "title": "Original-Research: Finexity AG (von GBC AG): BUY",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-11-06",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/FXT",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE000A40ET88"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/8945008OPOP1OA3OUJ12",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN DE000A40ET88)",
    "state": "sourced",
    "value": "8945008OPOP1OA3OUJ12"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "FINEXITY AG NA O.N."
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "DEUTSCHLAND"
   },
   "ticker": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "FXT"
   },
   "website": {
    "market": "DE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:55d73f1a4253554c42cf9cfc5e1a9dc3214900113175b87c251abc82e0923200",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2026-05-08",
     "kind": "issuer-sponsored",
     "publisher": "GBC Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://content.finexity.com/hubfs/documents/finexity-group/Analyst-Coverage/FINEXITY-Group_GBC_Research-Note_20260508_EN.pdf",
     "state": "sourced",
     "title": "FINEXITY Group: Research Note"
    },
    {
     "date": "2026-05-06",
     "kind": "issuer-sponsored",
     "publisher": "NuWays AG",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://content.finexity.com/hubfs/documents/finexity-group/Analyst-Coverage/FINEXITY-Group_Nu-Ways-EN_20260506.pdf",
     "state": "sourced",
     "title": "Building the exchange for private markets; INITIATE with BUY"
    },
    {
     "date": "2026-03-19",
     "kind": "issuer-sponsored",
     "publisher": "GBC Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://content.finexity.com/hubfs/documents/finexity-group/Analyst-Coverage/FINEXITY-Group_IC_GBC-Research_EN_202600318.pdf",
     "state": "sourced",
     "title": "FINEXITY AG: Initial Coverage"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Privatkunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/FXT",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:55d73f1a4253554c42cf9cfc5e1a9dc3214900113175b87c251abc82e0923200",
 "path": "/de/XETRA/FXT",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "FINEXITY AG NA O.N. is listed on Xetra under ticker FXT, ISIN DE000A40ET88, LEI 8945008OPOP1OA3OUJ12. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record, because the Xetra instruments file carries index membership and not a sector classification. Its status on the record date of 2026-11-06 is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 22 filings in the twelve months to 2026-11-06, across 11 filing days. Of these, 3 are ad hoc, 18 are corporate news and 1 is a newswire release. The median gap between filing days is 3.5 days. The latest filing is dated 2026-11-06, is of type corporate news, and falls 0 days before the record date. The Xetra exchange median is 6 filings, a median cadence gap of 22.8 days and a median latency of 5.5 days, across 419 issuers. The sector median is not on the record for DE.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. The record carries only the annual report link, which is a source link and not a read. The auditor's location is not on the record, and auditor changes are not on the record because no lifecycle type map exists for this register.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The listing, delisting, name change, domicile change and segment move lines are not on the record, because no lifecycle type map exists for this register. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is determinable for all three client categories under signal ACM-200: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 2 research houses: GBC AG and Nu Ways.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 3 openly published research notes: GBC Research dated 2026-05-08, NuWays AG dated 2026-05-06, and GBC Research dated 2026-03-19.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "11 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/8945008OPOP1OA3OUJ12"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/FXT"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.finexity-group.com/investor-relations/analyst-coverage"
  },
  {
   "for": "open research",
   "source": "https://content.finexity.com/hubfs/documents/finexity-group/Analyst-Coverage/FINEXITY-Group_GBC_Research-Note_20260508_EN.pdf"
  },
  {
   "for": "open research",
   "source": "https://content.finexity.com/hubfs/documents/finexity-group/Analyst-Coverage/FINEXITY-Group_Nu-Ways-EN_20260506.pdf"
  },
  {
   "for": "open research",
   "source": "https://content.finexity.com/hubfs/documents/finexity-group/Analyst-Coverage/FINEXITY-Group_IC_GBC-Research_EN_202600318.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/FXT"
  }
 ],
 "title": "FINEXITY AG NA O.N. (FXT) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}