{ "as_of": "2026-11-06", "cmr": "de-cm-kg/XETRA/SMWN", "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# SM WIRTSCHAFTSBER.NA.O.N. (Xetra: SMWN) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is SM WIRTSCHAFTSBER.NA.O.N., listed on Xetra under ticker SMWN, with ISIN DE000A1RFMZ1 and LEI 529900BQREX03QDSFT72. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is DE. Its sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. Its status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 2 filings in the window 2025-11-06 to 2026-11-06, on 2 filing days, both of type corporate_news. The median gap between filing days is 17 days. The latest filing is dated 2026-09-11, 56 days before the record date of 2026-11-06. For Xetra, the record holds 419 issuers with a median cadence gap of 22.8 days, a median of 6 filings, and a median latency of 5.5 days. The sector peer comparison is not on the record for market DE.\n\n## Auditor\n\nThe auditor 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 the auditor changes are not on the record.\n\n## Events and halts\n\nThe listing, delisting, name change, domicile change and segment move lines are not on the record, as no lifecycle type map exists for this register yet. The halt flag shows listed, not halted.\n\n## Orderability\n\nFor Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, the outcome is signal ACM-200 and is determinable in each case. 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\nNo research houses were found on the issuer's investor-relations pages read, and the count is 0.\n\n## Open research\n\nNo openly published research notes were found, and the count is 0.\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 date is not on the record.\n\n## Sources\n\n7 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/529900BQREX03QDSFT72 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/SMWN (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://mcp.de-cm-kg.ai/record/XETRA/SMWN (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/SMWN", "coverage": { "count": 0, "houses": [], "pages_checked": [], "read_by": "Perplexity sonar (search) · page read by this rail", "read_date": "2026-11-12", "since": null, "state": "none_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 }, "cadence_median_gap_days": 17, "filing_days": 2, "filings": 2, "latency_days": 56, "latest": [ { "category": "corporate", "date": "2026-09-11", "source": "https://www.eqs-news.com/news/corporate/ergebnis-des-aktienruckkaufangebots-der-sm-wirtschaftsberatungs-aktiengesellschaft/c62e4b45-4acb-4051-8aa1-ac00559e8a53_de", "title": "Ergebnis des Aktienrückkaufangebots der SM Wirtschaftsberatungs ...", "type": "corporate_news" }, { "category": "corporate", "date": "2026-08-25", "source": "https://www.eqs-news.com/news/corporate/freiwilliges-offentliches-aktienruckkaufangebot-der-sm-wirtschaftsberatungs-aktiengesellschaft/d639c000-4618-4d82-a9d0-13aea76c4717_de", "title": "Freiwilliges öffentliches Aktienrückkaufangebot der SM Wirtschaftsberatungs Aktiengesellschaft | Corporate - EQS News", "type": "corporate_news" } ], "latest_filing_date": "2026-09-11", "read": "the node's event lines (list_events_since), as get_filings serves them", "source": "https://mcp.de-cm-kg.ai/events/XETRA/SMWN", "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": "DE000A1RFMZ1" }, "jurisdiction": { "read_by": "GLEIF LEI record (LEI per the LEI column)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://api.gleif.org/api/v1/lei-records/529900BQREX03QDSFT72", "state": "sourced", "value": "DE" }, "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 DE000A1RFMZ1)", "state": "sourced", "value": "529900BQREX03QDSFT72" }, "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": "SM WIRTSCHAFTSBER.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": "SMWN" }, "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": "sha256:92ec5793d9fdc7800200683acd036017ba93f1574a011dc4e4c18efcb0b2e51e", "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/SMWN", "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": "sha256:92ec5793d9fdc7800200683acd036017ba93f1574a011dc4e4c18efcb0b2e51e", "path": "/de/XETRA/SMWN", "schema": "research-page v0.1 (USR-02, 2026-11-11)", "sections": [ { "id": "identity", "text": "The issuer is SM WIRTSCHAFTSBER.NA.O.N., listed on Xetra under ticker SMWN, with ISIN DE000A1RFMZ1 and LEI 529900BQREX03QDSFT72. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is DE. Its sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. Its status is listed, not halted.", "title": "Identity and listing" }, { "id": "disclosure", "text": "The record holds 2 filings in the window 2025-11-06 to 2026-11-06, on 2 filing days, both of type corporate_news. The median gap between filing days is 17 days. The latest filing is dated 2026-09-11, 56 days before the record date of 2026-11-06. For Xetra, the record holds 419 issuers with a median cadence gap of 22.8 days, a median of 6 filings, and a median latency of 5.5 days. The sector peer comparison is not on the record for market DE.", "title": "The disclosure read" }, { "id": "auditor", "text": "The auditor 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 the auditor changes are not on the record.", "title": "Auditor" }, { "id": "events", "text": "The listing, delisting, name change, domicile change and segment move lines are not on the record, as no lifecycle type map exists for this register yet. The halt flag shows listed, not halted.", "title": "Events and halts" }, { "id": "orderability", "text": "For Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, the outcome is signal ACM-200 and is determinable in each case. 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": "No research houses were found on the issuer's investor-relations pages read, and the count is 0.", "title": "Coverage" }, { "id": "open_research", "text": "No openly published research notes were found, and the count is 0.", "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 date is not on the record.", "title": "As-of depth" }, { "id": "sources", "text": "7 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/529900BQREX03QDSFT72" }, { "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/SMWN" }, { "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": "the record", "source": "https://mcp.de-cm-kg.ai/record/XETRA/SMWN" } ], "title": "SM WIRTSCHAFTSBER.NA.O.N. (SMWN) — research page", "writer": { "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers", "engine": "claude-haiku-5-5" } }