Deutsche Börse sets new launch date for US stock trading

Deutsche Börse sets new launch date for US stock trading

Deutsche Börse is to begin trading its new US segment on September 24. The launch of the segment, originally scheduled for September 14, was postponed in response to the events that took place in the United States on Tuesday last week.

The new segment will contain all US stocks in the Dow Jones Industrial Average (DJIA), S&P 100, Nasdaq 100 and Dow Jones Global Titans 50, the so-called "Xetra US Stars". Index funds on the Dow Jones Global Titans 50 and DJIA can also be traded in the XTF segment.

At Eurex, trading will begin at the same time in euro-denominated stock options on the 10 US stocks AOL Time Warner, Cisco Systems, Citigroup, EMC, General Electric, IBM, Intel, Microsoft, Oracle and Sun Microsystems.

Clearstream Banking will clear and settle the trades.

When the Xetra US Stars are launched, Dow Jones Indexes will use the Xetra prices of the US stocks for its calculations of the DJIA and Dow Jones Global Titans 50 before the markets open in the United States.

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