{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/NDA",
 "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# AURUBIS AG (Xetra: NDA) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is AURUBIS AG, listed on Xetra under ticker NDA, ISIN DE0006766504, LEI 5299005SHIN9ZK7GW242. Its security type is Corporate and its segment is MDAX. Its sector is not on the record, which carries index membership but no sector classification. Its jurisdiction is Germany (Handelsregister HRB). Its status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 4 filings in the window 2025-11-06 to 2026-11-06, on 4 filing days. Of these, 2 are corporate news and 2 are major holder filings. The median gap between filing days is 23 days. The latest filing is dated 2026-11-06 and is corporate news, 0 days before the record date of 2026-11-06. The Xetra exchange median is 6 filings, a cadence gap of 22.8 days and a latency of 5.5 days, across 419 issuers. The sector peer median is not on the record for DE.\n\n## Auditor\n\nThe auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read. The auditor location is not on the record, and the auditor changes are not on the record because this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because this register has no lifecycle type map yet. The halt flag shows listed, not halted.\n\n## Orderability\n\nFor the client category Professionelle Kunden the signal is ACM-200 and the outcome is determinable. For Privatkunden the signal is ACM-200 and the outcome is determinable. For Geeignete Gegenparteien the signal is ACM-200 and the outcome is determinable. 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 11 research houses: Baader Bank, Deutsche Bank, DZ Bank AG, Exane BNP Paribas, Kepler Cheuvreux, Metzler, Morgan Stanley, MPCM Research, Oddo BHF, UBS Europe and LBBW.\n\n## Open research\n\nNo openly published research notes were found on the record.\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 earliest sealed date is not on the record, and the live record began date is not on the record.\n\n## Sources\n\n8 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/5299005SHIN9ZK7GW242 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/NDA (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.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates (coverage)\n- https://mcp.de-cm-kg.ai/record/XETRA/NDA (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/NDA",
  "coverage": {
   "count": 11,
   "houses": [
    {
     "analyst": "Varun Sikka",
     "house": "Baader Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Bastian Synagowitz",
     "house": "Deutsche Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Dirk Schlamp",
     "house": "DZ Bank 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.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Alan Spence",
     "house": "Exane BNP Paribas",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Boris Bourdet",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Thomas Schulte-Vorwick",
     "house": "Metzler",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Adahna Ekoku",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Stefan Augustin",
     "house": "MPCM Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Maxime Kogge",
     "house": "Oddo BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Daniel Major",
     "house": "UBS Europe",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    },
    {
     "analyst": "Jens Münstermann",
     "house": "LBBW",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates",
     "result": "read: 11 of 23 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": {
    "corporate_news": 2,
    "major_holder": 2
   },
   "cadence_median_gap_days": 23,
   "filing_days": 4,
   "filings": 4,
   "latency_days": 0,
   "latest": [
    {
     "category": "stimmrechtsanteile",
     "date": "2026-11-06",
     "source": "https://www.eqs-news.com/de/news/stimmrechtsanteile/the-goldman-sachs-group-inc-wilmington-de-united-states-of-america-usa/17165373-c93a-482a-9766-e35b187eba26_en",
     "title": "Aurubis AG The Goldman Sachs Group, Inc., Wilmington ...",
     "type": "corporate_news"
    },
    {
     "category": "voting-rights",
     "date": "2026-10-30",
     "source": "https://www.eqs-news.com/news/voting-rights/bnp-paribas-sa-paris-france/d48c7875-c9f9-4347-9aac-7b06dd119e0f_en",
     "title": "Aurubis AG BNP PARIBAS SA, PARIS, France",
     "type": "major_holder"
    },
    {
     "category": "stimmrechtsanteile",
     "date": "2026-10-07",
     "source": "https://www.eqs-news.com/de/news/stimmrechtsanteile/rossmann-beteiligungs-gmbh-burgwedel-deutschland/8f75b8a3-684f-4aee-b723-675ac1a1ae7f_de",
     "title": "Aurubis AG Rossmann Beteiligungs GmbH, Burgwedel, ...",
     "type": "corporate_news"
    },
    {
     "category": "voting-rights",
     "date": "2026-05-21",
     "source": "https://www.eqs-news.com/news/voting-rights/the-goldman-sachs-group-inc-wilmington-de-united-states-of-america-usa/c0f33821-0bd2-4b9b-80ee-931e28e614af_en",
     "title": "Aurubis AG The Goldman Sachs Group, Inc., Wilmington, DE, United ...",
     "type": "major_holder"
    }
   ],
   "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/NDA",
   "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": "DE0006766504"
   },
   "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/5299005SHIN9ZK7GW242",
    "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 DE0006766504)",
    "state": "sourced",
    "value": "5299005SHIN9ZK7GW242"
   },
   "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": "AURUBIS AG"
   },
   "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": "MDAX"
   },
   "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": "NDA"
   },
   "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": "sha256:0373bb8a149d689cec307fb2f225557f9bb1cfb3340f430dfdfaa06e351a46d1",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_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/NDA",
   "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": "sha256:0373bb8a149d689cec307fb2f225557f9bb1cfb3340f430dfdfaa06e351a46d1",
 "path": "/de/XETRA/NDA",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is AURUBIS AG, listed on Xetra under ticker NDA, ISIN DE0006766504, LEI 5299005SHIN9ZK7GW242. Its security type is Corporate and its segment is MDAX. Its sector is not on the record, which carries index membership but no sector classification. Its jurisdiction is Germany (Handelsregister HRB). Its status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 4 filings in the window 2025-11-06 to 2026-11-06, on 4 filing days. Of these, 2 are corporate news and 2 are major holder filings. The median gap between filing days is 23 days. The latest filing is dated 2026-11-06 and is corporate news, 0 days before the record date of 2026-11-06. The Xetra exchange median is 6 filings, a cadence gap of 22.8 days and a latency of 5.5 days, across 419 issuers. The sector peer 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 the annual report link only, as a source link and not a read. The auditor location is not on the record, and the auditor changes are not on the record because this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because this register has no lifecycle type map yet. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For the client category Professionelle Kunden the signal is ACM-200 and the outcome is determinable. For Privatkunden the signal is ACM-200 and the outcome is determinable. For Geeignete Gegenparteien the signal is ACM-200 and the outcome is determinable. 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 11 research houses: Baader Bank, Deutsche Bank, DZ Bank AG, Exane BNP Paribas, Kepler Cheuvreux, Metzler, Morgan Stanley, MPCM Research, Oddo BHF, UBS Europe and LBBW.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "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 earliest sealed date is not on the record, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 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/5299005SHIN9ZK7GW242"
  },
  {
   "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/NDA"
  },
  {
   "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.aurubis.com/en/investor-relations/aurubis-share/analysts-and-estimates"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/NDA"
  }
 ],
 "title": "AURUBIS AG (NDA) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}