Malta Stock Exchange Signs Contract with Deutsche Börse
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.