This summer, a whole range of innovative products and services open up new opportunities for more precise trading decisions and strategies. The new Xetra Release 10.0, for example, allows for faster data transmission and a deeper insight into the market – in particular, algotraders benefit from it. Moreover, Deutsche Börse has launched a data feed transmitting economic news from the US that can immediately be processed in algorithmic trading.
You will find more information on Deutsche Börse Group’s new products and services in this issue of the Business Newsletter.
Best regards!
Andreas von Brevern Marketing Communication
Deutsche Börse Extends Transaction Cost Advantages for Xetra Trading
A new pricing model for Xetra trading will apply starting 2 November. The main idea is to phase out the Automated Trading Program (ATP) discount model, which has been applicable since 2004. The new pricing model yields participants in Xetra trading an average of 13 percent lower transaction fees on the basis of this year’s volumes.
An Investor Day for financial analysts and institutional investors was hosted by the management team of Deutsche Börse in Frankfurt on 25 June. A video recording of the event and the presentation are now available.
The Exchange Council Strengthens Frankfurt Stock Exchange’s Competitive Position in Europe
The Management Board has been instructed to continuing to optimize floor trading and to continue the consistent expansion and internationalization of electronic trading with the Xetra® system on the Frankfurt Stock Exchange.
Expanded Real-time Services on Deutsche Börse’s Investor Portal
The investor portal www.boerse-frankfurt.de now offers real-time insight into the order book of the fully electronic trading system Xetra. Private investors, investment advisors and portfolio managers can now obtain the prices of all shares traded on the Deutsche Börse platforms, in real time.
Eurex and Wiener Börse to Cooperate in Derivatives Market
Wiener Börse will operate its derivatives market on the Eurex system with effect from March 2010. Wiener Börse has used the Xetra electronic trading system for its equities market since 1999.
First IPO of a German Company on the Frankfurt Stock Exchange in 2009
With flatex AG the first Initial Public Offering (IPO) of a German company this year took place on the Frankfurt Stock Exchange. flatex AG had its IPO on 30 June in the Entry Standard.
Deutsche Börse: Reference Market for Green Technology worldwide
Within a few years, energy and environmental technology has emerged as a key global industry. At Deutsche Börse one big peer group represent these sectors: Green Technology.
Xetra Release 10.0 is the latest version of Deutsche Börse’s pan-European trading system, featuring many technical improvements, particularly for algorithmic trading.
Eurex to Expand Offering with Launch of Catastrophe Derivatives
The derivatives exchange Eurex introduced Hurricane futures on 29 June. Hurricane futures provide users, e.g. asset managers, hedge funds, banks and (re)-insurance companies, with a straightforward opportunity to trade or hedge against insured losses related to specific storm events.
Eurex Expands Product Range to Include Agricultural Derivatives
The international derivatives exchange Eurex is expanding its product range to include the agricultural products asset class. Trading starts in July with four new futures based on the agricultural products hogs, piglets and potato crops.
In June €87.9 billion were turned over on Xetra and on the floor of Börse Frankfurt. On all stock exchanges in Germany €101.6 billion were traded. Eurex and ISE traded 10.7 million contracts on average each trading day.
The Eurex® Top Level Order Book provides clients with detailed order book data for the analysis of trading activity on the Eurex derivatives market. The data includes all of the best data on buy and sell offers (level 1) on the particular trading day.
Deutsche Börse has added a new interest rate index for the short-term interest rate market to its product offering – the GC Pooling EUR Overnight Index (GCPI). This is its first index for money market trading based on secured money market transactions in the EUR GC Pooling market.
Energy Facts provides fundamental data for European energy trading such as power plant utilization and capacity, wind energy data, key meteorological indicators and additional complex energy reports.
CEF alpha+® macro supplies macroeconomic news for immediate processing in automated trading applications. Banks and proprietary traders use news data in their algorithms as a signal for trading decisions.
Avox, a subsidiary of Deutsche Börse, is opening up access to a subset of over two hundred thousand verified and maintained business entity data records of its content. On www.wiki-data.com, users will find basic information about those business entities.
Capita Financial Group Joins Central Facility for Funds
Capita Financial Group, a major player in the UK funds industry is joining the Central Facility for Funds (CFF), Clearstream’s innovative post trade solution for investment funds.
Clearstream Opens Account with Korean Securities Depository
The account provides settlement and custody services for foreign investors intending to hold Korean government debt instruments. Clearstream is the only ICSD to offer market access to its customers in the Korean market.
As of 29 June the Central Securities Depositories (CSDs) Hellenic Exchanges (Greece) and Iberclear (Spain) successfully connected to Link Up Markets. In addition, Link Up Markets has started offering the CSDs the possibility of connecting via the SWIFT network.
Vestima+ provides you with a single, fully-automated point of entry for routing your orders to fund agents. You can use the same standardised process at all times, independently from the variety of markets and investment funds you deal with.
Eurex/Xetra Basic and Advanced Technical Member Training on 5 and 6 August
The next Xetra/Eurex Basic Technical Member Training takes place in London on 5 August, the next Advanced Technical Training will be held on 6 August. These courses are designed for employees of exchange members from the system administration sector.
New Seminars "Overview of the German Financial Market" and "The Frankfurt Stock Exchange at a Glance" in London on 10 and 11 August
These courses provide an overview of the German financial market and the Frankfurt Stock Exchange. The course "Overview of the German Financial Market" explains the structure of the market, the role of the exchange and the market participants. The course "The Frankfurt Stock Exchange at a Glance" describes the entire process from trading to clearing and settlement.
Dear Sir/Madam,
