Deutsche Boerse

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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
Deutsche Borse-logo.gif
Founded 1992
Headquarters Eschborn, Germany
Key People Theodor Weimer, CEO; Jens Hachmeister
Products Trading and settlement
Twitter @deutscheboerse
LinkedIn Profile
Facebook DeutscheBoerseAG
Website Deutsche Boerse Home
Releases Company News


Shortly after the launch of the bitcoin futures contract on Cboe, a spokesman for Deutsche Boerse confirmed that it was looking into the possibility of launching its own futures contract.[1]

In March 2018 Deutsche Boerse announced a partnership with HQLAx, a London-based financial technology firm, to deploy R3's blockchain Corda technology for a new securities lending platform. The Eurex division of Deutsche Boerse was to contribute a trading platform.[2]

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.[3]

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.[4]

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.[5]

German news service reported on Monday that Xetra, Deutsche Boerse's electronic stock trading platform, made available Advanced Blockchain AG 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.[6]

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.[7][8]

The German exchange operator[[distributed ledger technology (DLT) to effectuate delivery-versus-payment in central bank money on a 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.[9]