EUREX TO LAUNCH TRANSACTION SERVICE BASED ON UPGRADED NETWORK

Posted March 25, 2008

FRANKFURT – The Eurex derivatives exchange plans to offer a new service, the Eurex Transaction Service, starting in April, which promises faster access to the Eurex trading system for high-frequency trading strategies.

The Eurex Transaction Service will be based on just completed upgrades of the telecommunications backbone network by Deutsche Börse Systems. Deutsche Börse AG is a co-owner of Eurex, with the SWX Swiss Exchange. The network connects major international financial centers and also serves Deutsche Börse’s Xetra trading system.

Deutsche Börse Systems has especially focused on upgrading links between European and US financial centers. The upgraded network quadruples the previous minimum capacity to 1.25 GBit per second, and to 5 GBit per second for London-based users, which is the equivalent of transmitting an entire audio CD in one second.

The upgraded network will serve several markets, including New York, Chicago, Paris, Amsterdam, Milan and Dublin.