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Deutsche Börse opens Moscow representative office

31 May 2007  |  1279 views  |  0 Source: Deutsche Börse

Deutsche Börse opened a representative office in Moscow on Thursday.

By doing so, the company aims to expand its service for a growing number of local customers and to maintain contact with Russian authorities and capital market institutions. Deutsche Börse Group has offices in key financial centers around the globe: in Europe, the Group has offices in London, Paris and Zurich; in the US, in Chicago and New York, and in Asia in Dubai, Hong Kong, Singapore and Tokyo.

At the opening of the office in Moscow, Deutsche Börse CEO Reto Francioni explained, "We want to be a partner for the Russian market and strengthen this marketplace in the long term." Francioni noted that Deutsche Börse could contribute its experience in cooperating with Russian institutions and its expertise as a service provider for the entire securities trading value chain to the benefit of Moscow as a financial center.

Deutsche Börse has established close relationships with a number of key institutions on the Russian market over the past few years. By means of example, it signed a comprehensive letter of intent with Moscow Interbank Currency Exchange (MICEX) at the end of last year. The partners intend to work together to drive the internationalization of the German and Russian financial markets, thereby opening both markets to international, European, German and Russian investors and companies alike.

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