Notes on spelling and terminology: the German ö is equivalent to the English oe; both Börse and Boerse are correct. Deutsche Boerse often refers to itself as Deutsche Boerse Group. Its legal name is Deutsche Boerse AG where AG stands for Aktien Gesellschaft, the equivalent of incorporated in English.
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|Deutsche Boerse AG|
|Key People||Theodor Weimer, CEO; Stephan Leithner, member of the Executive Board; Jens Hachmeister, Managing Director - Issuer Services & New Digital Markets|
|Products||Trading and settlement|
|Website||Deutsche Boerse Home|
In March 2018 Deutsche Boerse announced a partnership with HQLAx, a London-based financial technology firm, to deploy R3's Corda blockchain technology for a new securities lending platform. The Eurex division of Deutsche Boerse was to contribute a trading platform.
Bloomberg reported on May 23, 2018, that the acting Deutsche Boerse CEO, Jeffrey Tessler, had told attendees at a conference that Deutsche Boerse was "deep at work" on bitcoin.
On August 28, 2018, Deutsche Boerse disclosed that it had expanded its relationship and made an investment in HQLAx for a minority stake of the company.
In an interview published on the Deutsche Boerse website on August 30, 2018, Jens Hachmeister, the head of the new "DLT, Crypto Assets and New Market Structures" unit, said that "the DLT/blockchain technology is a key opportunity for the creation of new market structures, adding new products onto our present structures and enhancing our existing offerings." Taking a company-wide approach, the unit is staffed by 24 employees including Hachmeister.
Deutsche Boerse's electronic stock trading platform made Advanced Blockchain AG available for trading on July 1, 2019. It is Xetra's first blockchain industry equity. Advanced Blockchain uses directed acyclic graph blockchain technology to support internet-of-things applications.
In June 2020, Deutsche Boerse announced that it had listed the BTCetc Bitcoin Exchange Traded Crypto, a bitcoin-based exchange-traded note (ETN) cleared by Eurex Clearing, on its Xetra trading platform, making it the first centrally-cleared bitcoin product to be listed on the platform. The ETN is an exchange-traded bond that tracks the performance of bitcoin.
The German exchange operator announced in March 2021 that it used distributed ledger technology (DLT)) to effectuate delivery-versus-payment in central bank money against the transfer of government securities. Deutsche Boerse said it used "two software modules – a trigger chain from the Bundesbank and a transaction coordinator from Deutsche Börse" for the connection. Barclays, Citibank, Commerzbank, DZ Bank, Goldman Sachs and Société Générale participated in the test, which, according to Deutsche Boerse, shows that DLT could be deployed throughout Target2, the European securities settlement system.
CoinShares, a Jersey Island based cryptocurrency investment manager, announced on June 7, 2021 that Deutsche Boerse's Xetra is offering bitcoin, Litecoin and Ether physically backed exchange-traded products (ETP)s issued by CoinShares. The instruments were approved earlier by the Swedish regulator, allowing the ETPs to be traded throughout the European Union. |
- Bitcoin futures could reportedly be coming to Germany soon. CNBC.
- Deutsche Boerse and HQLAX to build blockchain platform for securities lending. Global Custodian.
- Deutsche Boerse’s Tessler Says ‘Deep at Work’ on Bitcoin. Bloomberg.
- Deutsche Borse expands partnership with HQLAx. Securities Lending Times.
- Deutsche Börse establishes dedicated crypto and blockchain team. The Trade Crypto.
- Deutsche Börse’s Xetra Exchange Lists First Blockchain Firm. CoinDesk.
- World's first centrally cleared Bitcoin ETN launched on Xetra. Deutsche Boerse.
- Exchange Traded Notes (ETNs). Xetra.
- DLT-based securities settlement in central bank money successfully tested. Deutsche Boerse.
- CoinShares Lists Physically-Backed Crypto ETPs on Börse Xetra. PR Newswire.