The international derivatives exchange Eurex will be launching derivatives on Russian underlyings denominated in US dollars as of 23 April 2007. This will enable investors to trade emerging markets derivatives on the Eurex platform for the first time. The derivatives will be traded in US dollars, another first at Eurex.

Deutsche Börse: 2 February 2007 marked the launch of the new World Luxury Index , calculated by Deutsche Börse for BNP Paribas as a customized index. The index tracks the 20 largest stocks, in terms of market capitalization, from the luxury goods sector: the companies in the index must generate at least 50 percent of their total revenue from luxury goods.

Clearstream has become the first International Central Security Depositary (ICSD) to accept the Russian Ruble (RUB) as eligible for settlement. This innovative move comes in response to growing demand by investment banks and issuers looking for exposure to the steadily appreciating Russian currency to issue Eurobonds denominated in Rubles.

On 26 February, trading on the Frankfurt Stock Exchange will return to the newly renovated Main Trading Hall. By then, the construction work that started back on 9 October 2006 in a move by Deutsche Börse to make functional enhancements and give the Trading Hall a new, modern look will have been completed.

Clearstream Services announces that Banca Regionale Europea S.P.A in Nice (France) has signed up to use Clearstream's SWIFT Service Bureau. With Clearstream Services' offering, clients gain easy and secured access to the SWIFT network and benefit immediately from economies of scale (increased flexibility in the use of their own IT resources, reduced SWIFT maintenance complexity, less operational risk and costs associated with running a SWIFT network).

With effect from January 29, Kloeckner+Co will be included in the MDAX® index as part of an unscheduled amendment to its composition, replacing Hypovereinsbank. Hypovereinsbank's free float has fallen to below five percent; its shares therefore no longer meet the requirements for MDAX inclusion.

The Exchange Council of the Frankfurt Stock Exchange resolved new criteria for the allocation of order books on Wednesday. The new procedure focuses solely on the performance of the lead brokers. The new regulations will come into force on 1 February 2007, and the order books will be reallocated on first of May 2007 and will be valid for 30 month. The new criteria will continue to guarantee the high quality of price determination during floor trading for investors and commerce in the future.

The international derivatives exchange Eurex reported today that it traded a total of 132 million contracts in January, up 12 percent year on year. Approximately 6 million contracts per day were traded in January. Open interest - the number of open positions is an important indicator of future growth - continued to grow and totaled around 108 million contracts at the end of the month (January 2006: 100 million contracts).

Seven Deutsche Bank ETFs have been listed in the XTF segment. The db x-tracker funds allow investors to participate in the performance of well-known country and regional indices.

Based on the total turnover statistics, a total volume of €536.8 billion was traded on all stock exchanges in Germany in January 2007 - a rise of 23 percent year-on-year (January 2006: €435 billion). This total included €501.3 billion in equities, warrants and exchange-traded funds, as well as €35.5 billion in fixed-income securities.

Deutsche Börse has further expanded its XTF segment for international exchange-traded index funds (ETFs) on the electronic trading platform Xetra. Since Wednesday, three more exchange-traded funds issued by Lyxor Asset Management have been tradable in XTF.

The Korea Exchange (KRX) and Deutsche Börse AG signed a memorandum of understanding (MOU) on Tuesday in which the two exchanges agreed to further cooperate and communicate between both markets. Under the terms of the MOU, the two exchanges agreed to share information, exchange staff and assist in listing promotional activities in both markets. The MOU also established a joint feasibility study group to explore possible cooperation in the derivatives market.