In July 2008, the number of trades executed on Xetra reached more than 19 million transactions – up 21 percent compared to July 2007 with 16.1 million trades. Order book turnover on Xetra recorded €193.2 billion (July 2007: €222.3 billion), down by 13 percent. On Xetra and the Frankfurt floor €188.7 billion were turned over in German equities and €9.2 billion in foreign shares.
Get the full story...
Deutsche Börse Group, the largest exchange organization worldwide, provides information about its social commitment in the second quarter and an overview of activities and future projects in the areas of corporate affairs, education and science, culture, and social affairs.
Get the full story...
Eurex Clearing evaluates different formats to introduce a central counterparty (CCP) solution for products which are today handled bilaterally over the counter (OTC). It aims to complement current US initiatives with a European solution. The European OTC CCP platform could utilize existing Eurex Clearing functionality as well as new functionality for trade and risk management.
Get the full story...
The Exchange Council of the Frankfurt Stock Exchange resolved a new version of the Exchange Regulations, which includes relaxing the trading hours and would allow trading to start earlier. At the same time, the Exchange Council and the Management Board of the Frankfurt Stock Exchange support keeping the start of trading unchanged with the opening auction at 9:00 a.m.
Get the full story...
Eurex Repo and Clearstream's Global Securities Financing services reported a successful first half of 2008. Euro GC Pooling in particular recorded extensive growth due to its link with Clearstream's international liquidity pools. This integrated offer from Deutsche Borse Group simplifies and bundles collateralized liquidity management of securities financing in Europe, which is in considerable demand particularly with difficult and rapidly changing market conditions.
Get the full story...
In June 2008, the value of assets under custody on behalf of customers registered a 1 percent rise at € 10.7 trillion (compared to € 10.6 trillion from June 2007). Securities held under custody in Clearstream's international business experienced a rise of 6 percent from €4.8 to € 5.1 trillion and domestic German securities held under custody decreased slightly by 3 percent from € 5.8 trillion to € 5.6 trillion.
Get the full story...
The international derivatives exchange Eurex reported today that in June 2008 trading volume reached 197.7 million contracts, compared with 196.3 million in June 2007 and 194.6 in May 2008. Thus, June 2008 is one of the three strongest months ever on Eurex. Average daily trading volume at Eurex was 9.4 million contracts in June; for the first six months of 2008 the figure is 9.1 million.
Get the full story...
In June 2008, the number of trades executed on Xetra reached roughly 16 million transactions – up more than 7 percent compared to June 2007 with 14.9 million trades. Order book turnover on Xetra recorded €164.8 billion (June 2007: €234.4 billion).
Get the full story...
Deutsche Börse celebrated the 20-year anniversary of its leading index DAX with leading representatives of the German economy and politics in the Main Trading Hall in Frankfurt on Tuesday. The DAX index tracks the 30 largest and best-performing German companies traded in Frankfurt. DAX is the most successful and best-known Deutsche Börse brand; following its launch on 1 July 1988, DAX quickly became Germany’s leading equity index.
Get the full story...
The international derivatives exchange Eurex expands its sector index products segment by adding global sector futures denominated in US dollar, and will in future cover the European real estate industry with futures and options as well.
Get the full story...
Deutsche Börse is further expanding its XTF segment for exchange-traded index funds (ETFs) on the pan-European Xetra trading platform and has admitted two new ETFs issued by ETFlab to trading.
Get the full story...
SIS, the Swiss Central Securities Depository, is now using Vestima+, Clearstream's automated order routing system in order to streamline the process of its international investment funds activities.
Get the full story...