| Deutsche Börse Group intends to acquire a minority stake in a new commodities exchange in India. While the German exchange has declined comment, a spokesperson for the Bombay Stock Exchange (BSE) told ShareCast on Tuesday that Deutsche Börse's planned stake could be in the region of 5%, as the Indian exchange moves to set-up a new commodities trading outfit at a special economic zone in India's Gujarat state.
The move, should it materialise, would not be the first Indian foray for Deutsche Börse. In 2007, it took a 5% stake in the BSE. Both the BSE and Deutsche Börse already have a wide-ranging technological partnership. The BSE currently deploys Deutsche Börse's N7 trading network synced to its equity and derivatives platforms...............................................Full Article: Source
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