Indonesia Commodity and Derivatives Exchange ("ICDX"), also known as PT. Bursa Komoditi dan Derivatif Indonesia (BKDI) has signed a Memorandum of Understanding ("MoU")with Deutsche Börse backed Global Markets Exchange Group International LLP ("GMEX Group").
Deutsche Börse has earmarked an additional EUR30 million in spending to spur plans for new growth initiatives over the coming year, including the creation of a central counterparty clearing house in Singapore.
Deutsche Börse has acquired a minority stake in fixed income liquidity discovery start-up Bondcube.
Deutsche Börse Market Data + Services has acquired Impendium Systems, a London-based firm that deploys cloud-based software solutions to help customers' achieve regulatory compliance in Europe, North America and Asia-Pacific.
Global Reporting Company ("GRC"), backed by Global Markets Exchange Group International LLP ("GMEX Group") and REGIS-TR, the European Trade Repository owned by Clearstream (Deutsche Börse Group) and Iberclear (BME), today announced their partnership to provide buy side and corporate clients with trade reporting services, ahead of the European Market Infrastructure Regulation (EMIR) obligation to report over-the-counter (OTC) and listed derivative transactions, which comes into effect on 12th February 2014.
The Budapest Stock Exchange migrated its electronic securities trading to Deutsche Börse's Xetra trading system on Friday.
Deutsche Börse Market Data + Services is introducing exclusive analytics based on raw, unpublished Xetra order book data. Effective 25 November 2013, Xetra real-time analytics will provide market participants with additional, exclusive in-depth trading information.
Deutsche Börse has introduced a further-developed version of its electronic trading system with Xetra Release 14.0. Functionalities, interfaces and order types have been improved in line with the demands of the market.
Deutsche Börse AG published its figures for the third quarter of 2013 on Tuesday. The Group generated net revenue of €457.9 million (Q3/2012: €471.0 million), a slight decrease year-on-year.
Deutsche Börse AG today announced the purchase of a minority stake in Global Markets Exchange Group International LLP ("GMEX Group"). The company paid a single digit million GBP sum for the stake.
© Finextra Research 2014