Deutsche Börse co-operates with Telekurs for international quotes service
Deutsche Börse will soon be offering a significantly expanded service for international quotes on WSS Batch Data Services, after the company signed a cooperation agreement with Telekurs Financial in October.
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Additional data fields will support the customer's business processes, including as relates to implementing MiFID. To facilitate selecting an exchange, the customer can automatically use Telekurs Financial's "Most liquid trading place" function during the quote process.
The foreign price can be applied to various time zones with up to six deliveries a day. The service will utilize the respective internationally recognized quote rules, which are also useful in matching various types of quotes.