The Malta Stock Exchange will use Xetra, Deutsche Börse Group’s electronic trading system to organise trading in equities listed on the Malta Stock Exchange. Both parties signed a minimum five-year contract on 24 October.
Cash market trading on the Vienna Stock Exchange has been based on Xetra technology since November 1999. The Irish Stock Exchange has been operated with Xetra since 2000, the Bulgarian since 2008 and the Ljubljana Stock Exchange in Slovenia since 2010. The Eurex subsidiary Eurex Bonds and the European Energy Exchange also use the Xetra trading system. The Shanghai Stock Exchange uses Xetra as the basis for its new generation trading system introduced at the start of 2010.
Deutsche Börse Group’s global liquidity provider Clearstream integrated Malta into its settlement network in April as the last country in the eurozone. The settlement link provides international investors with access to Maltese securities.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.