20 June 2018
Visit www.worldwealthreport.com/

Munich Stock Exchange selects Trayport for trading system

06 August 2009  |  1244 views  |  0 Source: Trayport Exchange Systems

Trayport Exchange Systems, a leading provider of exchange trading systems, has signed a contract to supply a new exchange trading system to Bayerische Börse AG, the operator of the Munich Stock Exchange in Germany.

The new venue will launch in October 2009 and represents a new direction for Bayerische Börse. To date Bayerische Börse has successfully operated as an equity market, offering the ability to trade more than 11,000 securities from over 60 countries.

Under the agreement, Bayerische Börse will use Trayport's Exchange Trading System platform to provide technology for a pan-European Carbon Emissions Exchange, a new trading venue for instruments including European Union Allowances and Certified Emission Reduction Units, with clearing and settlement provided by Deutsche Bank.

"Having a flexible trading platform that allows us to grow as we need is an essential requirement. It is one that we know Trayport's Exchange Trading System will provide. This will allow us to expand our offering into new asset classes, while supporting our existing clients, and remove any constraints found in our current system," said Christine Bortenlänger, board member of Bayerische Börse. "It is also a real advantage for us to be able to access Trayport's Trading Gateway community of energy traders."

Adrienne Quinn, Head of Trayport Exchange Systems, said, "We are delighted to announce this new relationship with Bayerische Börse. This contract reflects the inherent flexibility of Trayport's Exchange Trading System which will allow Bayerische Börse to develop its business in this exciting market landscape."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.aciworldwide.comVisit iliad-solutions.com/Visit https://info.nice.com/

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
13339 views comments | 5 tweets | 8 linkedin
Ripple exec says DLT not ready for banks...yetRipple exec says DLT not ready for banks.....
11373 views comments | 11 tweets | 33 linkedin
UK launches £2.5bn startup initiativeUK launches £2.5bn startup initiative
10215 views comments | 33 tweets | 27 linkedin
DBS to use robot to screen applicants for human jobsDBS to use robot to screen applicants for...
8254 views comments | 3 tweets | 6 linkedin
Robots save Nordea from GDPR processing nightmareRobots save Nordea from GDPR processing ni...
8066 views comments | 10 tweets | 15 linkedin

Featured job

(GBP Equivalent) Six-Figure Base + OTE + Benefits
New York City, NY - USA

Find your next job