Tuesday March 26 2013
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
The Cayman Islands Stock Exchange (“CSX”) in partnership with the Deutsche Börse has announced the launch
of its Xetra Trading Platform.
The cutting edge technology of the Xetra trading system, developed and operated by the Deutsche Börse Group in Frankfurt enables the CSX to undertake full range trading for equities debt and other securities, which includes insurance linked securities, listed on the CSX.
Valia Theodoraki, CEO of the CSX said “Migrating to the Xetra trading platform meets client demands and brings the CSX within reach of the global trading community adding transparency and market liquidity for CSX listed issuers. All Xetra members worldwide can now access the Cayman Islands Stock Exchange through a common internationally recognised technological base.”
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.
Click on the above link for more details.