BULGARIAN EXCHANGE ADDS DEUTSCHE BÖRSE XETRA TRADING SYSTEM
Posted June 16, 2008
“We are pleased to be able to offer the Bulgarian Stock Exchange the
reliability and speed of our high-performance trading system and thereby
increase the international competitiveness of the Bulgarian market,”
says Frank Gerstenschläger, member of the Executive Board of Deutsche
Börse and responsible for the cash market.
Deutsche Börse has a five-year contract with the Bulgarian exchange to
provide technical market control and organize trading of about 500
securities listed on the exchange. Deutsche Börse will also calculate
and license Bulgarian indices such as SOFIX, BG 40 Index, BG TR30 Index
and BG REIT, and deliver real-time Bulgarian Stock Exchange market data
in the form of three new information products to be distributed through
CEF data feeds.
Bulgarian exchange participants will be able to trade more than 330,000 instruments listed on Xetra. Deutsche Börse is supporting the development of the Bulgarian capital market by offering international investors this access.