19 January 2018
visit www.ebaday.com

Xlaunch partners Basis100 for e-markets development

25 March 2002  |  1013 views  |  0 Deutsche Borse

Xlaunch, the Frankfurt-based e-markets subsidiary of Deutsche Börse Group has contracted with Canada's Basis100 Capital Markets Solutions to provide the backbone technology for the development of a new generation of cross-market trading solutions.

Under terms of the agreement, Basis100 will be the preferred trading technology provider for the exchange's subsidiary and will license its BasisXchange cross-market trading software solution to xlaunch.

Deutsche Börse anticipates xlaunch becoming the group's 'plug-and-play' vehicle to capture and develop new market opportunities. The offering spans from managed technology services to business and market building services for new and emerging e-markets.

Basis100's trading solution supports multiple product and instrument types and provides interfacing capabilities to ensure seamless integration and connectivity. According to Martin Reck, chief executive officer of xlaunch, Basis100's Web-enabled technology will enable xlaunch to provide a cost-efficient and scalable cross-market technology to pick-up emerging markets early on and to migrate them towards liquidity.

Xlaunch will offer a variety of market models spanning from single-dealer quotation to continuous auction models.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Deutsche Börse agrees Clearstream take over

Deutsche Börse agrees Clearstream take over

01 February 2002  |  3478 views  |  0 comments
Deutsche Börse plans for best price competition

Deutsche Börse plans for best price competition

25 January 2002  |  2615 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.ebaday.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
11019 views comments | 32 tweets | 37 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
10232 views comments | 17 tweets | 18 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9841 views comments | 14 tweets | 16 linkedin
KFC introduces Bitcoin BucketKFC introduces Bitcoin Bucket
9327 views comments | 18 tweets | 16 linkedin
FinTech Scotland appoints new CEOFinTech Scotland appoints new CEO
8350 views comments | 8 tweets | 6 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job