Deutsche Börse

337 results about this entity

Period: 23 Sep 2004 - 25 Apr 2024

Deutsche Börse plans pan-European market

Deutsche Börse is set to launch a pan-European market, based on its Xetra electronic trading platform, as it looks to take on the raft of new competitors to have emerged in the wake of MiFID.

MTFs set to win more market share as price competition takes hold

Trading on new multilateral trading facilities (MTFs) in Europe costs less than a fifth of the fees levied by traditional exchanges according to the latest research from TowerGroup.

Neonet abandons takeover talks

Swedish agency broker and systems supplier Neonet has pulled out of take-over talks with an un-named counterparty and says that no offer has been received for the company.

Deutsche Börse maintains silence as Neonet confirms take-over talks

Swedish agency broker and systems supplier Neonet has confirmed it is in takeover talks. The confirmation comes a day after German newspaper Handelsblatt reported that Deutsche Börse was lining up a bid.

Deutsche Börse to buy financial news agency from Xinhua

Deutsche Börse is to acquire the US-based financial news agency Market News International (MNI). A purchase agreement was signed last Friday. Market News International will become a 100 per cent subsidiary of Deutsche Börse for US$10 million in cash. The transaction is expected to close by the end of January 2009, subject to approval of the German competition commission (Bundeskartellamt).

Nyse Euronext begins migration to Universal Trading Platform

Nyse Euronext has begun moving over to its new Linux-based multi-asset class, Universal Trading Platform (UTP) with the migration of European bond products.

Nyse Arca to partner with Liquidnet: Knight to launch European dark pool

Nyse Arca is to add liquidity to buy-side block crossing network Liquidnet, as traditional exchanges and dark pools trend towards convergence strategies.

Eurex and Clearstream to introduce CCP for securities lending

Deutsche Börse Group subsidiaries Eurex Clearing and Clearstream Banking Luxembourg have announced plans to introduce a central counterparty service (CCP) for securities lending in Q2 2009.

Eurex outlines CDS clearing proposal

Derivatives exchange Eurex has unveiled its proposal for establishing a central clearing system for the over-the-counter (OTC) credit markets which it says has "received support from European authorities".

Funds industry standards could be years away, says Clearstream

Interoperable standards between banks, fund managers and their intermediaries could take decades to emerge, according to European clearing and settlement body Clearstream.

Deutsche Börse slashes algo trading fees

Deutsche Börse is following the example of other incumbent exchanges by cutting algorithmic trading fees on its Xetra platform in a bid to fend off competition from rival bourses and alternative trading systems (ATS).

Kuwait Stock Exchange in talks on new trading platform

The Kuwait Stock Exchange is in advanced talks with three market operators - Deutsche Börse, Nyse Euronext and Nasdaq OMX - about the provision of an electronic trading platform, according to a Reuters report.

Turquoise backs down on plans for early opening

Bank-backed equities trading platform Turquoise has accused rival exchanges of "fear mongering" after being forced to abandon plans to open its market 15-minutes earlier than incumbent bourses.

Domestic exchanges squeezed as post-MiFID fragmentation hits - Reuters

Equity trading data collected by Reuters since the introduction of the Markets in Financial Instruments Directive (MiFID) in November indicates "considerable fragmentation" of the European equity market, with new entrant MarkitBoat making substantial inroads into the publication of trades once carried by domestic exchanges.

LCH.Clearnet blocks SIS x-clear

Swiss central counterparty SIS x-clear has been forced to delay the launch of its UK equity clearing service after LCH.Clearnet refused to allow it free access to the London Stock Exchange's equity business as required under the EC's voluntary code of conduct.

Deutsche Börse plans new, greener building to reduce tax and occupancy costs

Deutsche Börse will move to a new office building in neighbouring Eschborn from its current base in Frankfurt-Hausen. The building will be completed by summer 2010 and leased to the exchange as part of restructuring plans to generate annual savings of EUR100 million from 2010 onwards.

Nyse Euronext in talks to buy Amex - WSJ

Nyse Euronext is in talks to buy the American Stock Exchange (Amex) in a deal that could be worth around $350 million, according to a Wall Street Journal (WSJ) report.

Clearstream sells Luxembourg HQ for EUR350m

Securities depository Clearstream has agreed a EUR350 million deal with German property company IVG Immobilien for the sale and leaseback of its headquarters in Luxembourg.

Deutsche Börse axes 300 jobs in cost-cutting drive

Deutsche Börse is axing 300 jobs, primarily at its Frankfurt headquarters and its Luxembourg operations, under a restructuring and cost cutting programme designed to generate annual savings of EUR100 million from 2010 onwards.

French firms subscribe to Avox MiFID classification service

French firms Calyon, CM CIC Securities and Société Général Corporate and Investment Banking have signed up to the MiFID classification service provided by Deutsche Börse subsidiary Avox.