Xetra International Market, Deutsche Börse’s new pan-European foray, will launch in the fourth quarter of this year. Xetra will enable trading participants in 19 European countries to deal in European blue-chip corporates while settling domestically.
All transactions will be cleared via Eurex Clearing, one of the largest central counterparties in Europe. Clearstream will link to users’ domestic markets in Belgium, Germany, Finland, France, Italy, the Netherlands and Spain. Deutsche Börse says that additional countries will be added in due course, bringing the prospect of additional competition in the pan-European exchange equity marketplace.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access