Sat, Jun 23, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Cayman Islands Stock Exchange launches Xetra Trading Platform

Tuesday, March 26, 2013

Bailey McCann, Opalesque New York: The Cayman Islands Stock Exchange in partnership with the Deutsche Börse Group has launched its own Xetra Trading Platform. The platform will rely on the Xetra trading system, developed and operated by the Deutsche Börse Group in Frankfurt, Germany. The partnership will allow the CSX to take on the full range of trading for equities debt and other securities, which includes insurance linked securities, listed on the CSX.

The Xetra Trading Platform is one of the flagship technologies offered by the Deutsche Börse Group. According to the company, Xetra can be operated either fully electronically for continuous trading, or through a specialist for the continuous auction trading model. The platform already supports continuous trading in Germany and on some other markets. The company offers additional features that plug into the platform to improve overall trading intelligence for platform operators including its Xetra Observer alerting system. So far, there are over 250 participants and some 4,700 registered traders using Xetra.

The CSX can now offer companies that wish to list access to a network of approximately 400 global participants who are currently authorised to trade on one or more Xetra markets. International Xetra participants can be passported through a simple process as CSX broker members and will be able to reuse their existing Xetra connection to enter trades into the CSX Xetra platform.

"Migrating to the Xetra tradin......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  2. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  3. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  4. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  5. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp