Deutsche Bourse Enters The Forex Derivatives Market

Deutsche Bourse Enters The Forex Derivatives Market

  • Posted Thursday, July 07, 2011 -
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D.Brse takes stake in UK currency options platform By Philip Stafford at Financial Times Deutsche Brse has deepened its move into the reshaped over-the-counter derivatives market after buying a minority stake in a UK-based start-up currency options platform. The German exchanges operators acquisition of a minority stake in the small London-based Digital Vega for a US dollar amount in the single digit million range is the first time it has moved into the forex derivatives market. The move highlights how exchanges are considering new areas of business created by the wave of incoming regulation governing the over-the-counter (OTC) derivatives markets in the US and Europe.

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