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Deutsche Borse to act as network operator for CEE Stock Exchange

05 September 2012  |  1594 views  |  0 Source: Deutsche Borse

Deutsche Börse AG and CEE Stock Exchange Group (CEESEG) have recently concluded a major IT agreement.

From mid-September 2012, Deutsche Börse IT will act as network operator for the largest stock exchange group in Central and Eastern Europe and provide its ExServes CEESEG FIX Connectivity solution for connecting customers to the CEESEG FIX Gateway.

"We are delighted to be providing access to the CEESEG FIX Gateway as a further service on our global low latency network," said Matthias Kluber, Executive Vice President at Deutsche Börse AG. "This further increases the attractiveness of our network, which provides our customers with access to more than 70 services."

This agreement means that CEESEG is further improving its range of services for its customers. Deutsche Börse IT's new offering complements the extensive IT solutions already on offer for connecting to the Xetra and Eurex trading systems. The future ExServes CEESEG FIX Connectivity solution will allow Xetra and Eurex participants easily to connect to the CEESEG FIX Gateway via Deutsche Börse's existing global trading network.

Deutsche Börse will use its existing high-performance network connection between Frankfurt/Main and Vienna and connect the CEESEG FIX Gateway infrastructure to the global financial centres. The CEESEG FIX Gateway, operated by Wiener Börse AG, supports electronic trading on the Vienna Stock Exchange and the stock exchanges in Budapest, Ljubljana and Prague.

Deutsche Börse ExServes provides fully managed, integrated network and infrastructure solutions for access to the trading systems of Deutsche Börse Group and its partner stock exchanges and to a growing number of service providers in the financial sector. In addition, ExServes supports customers in the continual and active monitoring and maintenance of their trading system infrastructure.

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