Fri, May 27, 2016
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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  4. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  5. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year