Bringing you live news and features since 2006 

Borse Stuttgart Christoph ven dem Bussche

Boerse Stuttgart launches new Xitaro exchange system powered by Nasdaq

RELATED TOPICS​

Boerse Stuttgart, Germany's leading exchange for retail investors, has gone live on Genium INET. The system named Xitaro will be used for trading of all asset classes including equities, fixed income, exchange traded products and securitised derivatives.

In addition to delivering the exchange system, Nasdaq is also providing Boerse Stuttgart with hosting and technical operations services.
 
"Especially at times of intense competition, exchanges need to maintain a broad level of investment in their systems," says Dr Christoph Boschan von dem Bussche, Member of the Management Board of Boerse Stuttgart GmbH. "That is the only way to ensure stability and quality in securities trading. Thanks to Xitaro, we will be able to speed up the implementation of new ideas and their introduction to the market. In line with our objectives, we will continue to be an innovation leader for retail investors."
 
"We are very proud that Boerse Stuttgart has chosen to base its new exchange system on Nasdaq's Genium INET Trading system," says Lars Ottersgård, Executive Vice President, Market Technology, Nasdaq. "The joint project has been a tremendous success with the new system launching on schedule. We look forward to continuing to support Boerse Stuttgart's growth to expand beyond its current position with private investors."
 
Nasdaq's exchange technology, including trading, clearing, CSD and market surveillance systems, is in operation in over 100 marketplaces across North and Latin America, Europe, Asia, Australia, Africa and the Middle East.

Latest News

Amundi’s ETF Market Flows Analysis for May finds that global ETF inflows were EUR105.1 billion with US-domiciled equity funds accounting..
MerQube has announced the appointment of Dave Mueller as Chief Financial Officer. Mueller brings 17 years experience operating in corporate..
Northern Trust Asset Management (NTAM), has announced that David Abner is joining as Head of Global ETFs and Funds...
Nvidia’s market cap surge to more than USD3 trillion making it the second most valuable company in the world almost..

Related Articles

Darren Johnson, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by