Deutsche Börse announced the launch of "Xetra International Market" by the end of this year, offering for trading in European blue chips cleared by Eurex.
Deutsche Börse announced the launch of "Xetra International Market" by the end of this year, offering for trading in European blue chips cleared by Eurex
The aim is to enable trading participants in 19 European countries to place their trading orders for European blue chips, including all Dow Jones EURO STOXX 50 stocks, in the Xetra International Market in the fourth quarter of this year.
"We intend to offer our cash and derivatives market clients European blue chips and the corresponding equity and index derivatives in a uniform infrastructure," said Frank Gerstenschläger, member of the Executive Board of Deutsche Börse AG and responsible for the cash market.
Transactions executed on Xetra International Market will be efficiently cleared via Eurex Clearing. Additional markets following Belgium, Finland, France, Italy, the Netherlands and Spain are to be gradually connected via Clearstream.
© Deutsche Börse
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