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Wednesday, April 7, 2010 as of 11:14 AM ET

Eurex

Eurex is one of the world's leading derivatives exchanges, providing European benchmark derivatives featuring open and low-cost electronic access globally.

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LSE "Excited" To Raise Competition Against DB, NYSE

The London Stock Exchange Group PLC (LSE.

LN), which posted higher full-year profits Friday, said it is focusing on integrating the businesses it has bought recently, and is "excited" to use its growing post-trade, clearing and derivatives businesses to compete head-on with larger rivals Deutsche Boerse AG (DB1.XE) and NYSE Euronext (NYX).Chief Executive Xavier Rolet said that, apart from its traditional U.K. equities-trading business, "we do see the focus on much larger asset classes for us going forward, particularly in the fixed-income market where we've made remarkable progress and in derivatives as well where we now have the tools in our kit--intellectual property and, if LCH is approved, access to collateral pools--to compete with the European duopoly [Deutsche Boerse and NYSE Euronext]. We're excited about that."In March, the LSE announced a EUR463 million deal to buy up to 60% of LCH, a move that will enhance the LSE's post-trade business and strengthen its derivatives platform....

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  1. Deutsche Boerse's Eurex To Launch New Trading System In 4Q

    Deutsche Boerse AG (DB1.XE) Thursday said its Eurex derivatives exchange will launch a new trading system in the fourth quarter. The new trading system will be based...

  2. EU Blocks NYSE, Deutsche Boerse Tie-Up

    European regulators officially rejected Deutsche Boerse’s takeover of Big Board parent NYSE Euronext (NYSE:NYX) on Wednesday, calling the collapsed combination a “ne...

  3. EU's Almunia: Deutsche Boerse-NYSE Deal Would Have "Practically Eliminated" Market Competition

    The proposed tie-up between exchange operators Deutsche Boerse AG (DB1.XE) and NYSE Euronext (NYX) would have "practically eliminated" market competition and remedie...

  4. EU Blocks Deutsche Boerse-NYSE Euronext Deal

    The European Commission on Wednesday blocked the merger of Deutsche Boerse AG (DB1.XE) and NYSE Euronext (NYX), saying the deal would create a "quasi-monopoly" in de...

  5. NYSE, DB: Blocking Deal Would Be 'Missed Opportunity'

    Top executives at Deutsche Boerse and NYSE Euronext (NYSE:NYX) sent a letter to European Commissioners emphasizing the "European" nature of a combined company, in a ...

  6. Regulators Eye Clearing Houses

    Clearing houses -- the plumbers of high finance -- could become the next casualties of the crisis as regulators insist that banks run their riskiest and private trad...

  7. DoJ Conditionally Approves Deutsche Boerse, NYSE Deal

    Deutsche Boerse won U.S. antitrust approval to buy NYSE Euronext on Thursday in a $9 billion deal that has hit serious antitrust headwinds in Europe.The Justice Depa...

  8. NYSE, Deutsche Boerse Address Antitrust Concerns

    NYSE Euronext and Deutsche Boerse AG on Tuesday said they've submitted revised remedies to the European Commission's competition regulator amid the body's concerns t...

  9. Deutsche Borse, Euronext Offer More Remedies To Me

    NYSE Euronext and Deutsche Boerse AG on Tuesday said they've submitted revised remedies to the European Commission's Directorate-General for Competition amid the bod...

  10. LSE to Buy Pearson's Stake in FTSE

    The London Stock Exchange is buying British publisher Pearson's 50 percent stake in FTSE International for 450 million pounds ($703 million) to take full control of ...

  11. Deutsche Boerse, NYSE to Offer Concessions for Merger Clearance

    Financial exchanges Deutsche Boerse AG and NYSE Euronext are offering to sell some businesses and give rivals access to a major derivatives clearing house to win sup...

  12. Insight: Jaded traders ask "What, another crisis?"

    By Marius Zaharia and Nia WilliamsLONDON (Reuters) - When Charles Berry started his career as a bonds trader in 1993, he used to draw "point and figure" charts on pi...

  1. Boerse CEO Confirms Growth Goals Despite Subdued Start

    Deutsche Boerse AG (DB1.XE) Wednesday said the German exchange operator's 2012 growth and expense targets remain unchanged, despite a subdued first quarter, as share...

  2. Deutsche Boerse Cutting Equities Clearing Fees By Up To 20%

    German exchange operator Deutsche Boerse AG (DB1.XE) Tuesday said it is cutting equities clearing fees by up to 20%.MAIN FACTS:-Eurex Clearing is to lower the cleari...

  3. Deutsche Boerse Completes Eurex Takeover

    Germany's Deutsche Boerse AG (DB1.XE) said Monday it completed the acquisition of SIX Swiss Exchange's 50% stake in derivatives market operator Eurex Zuerich AG.MAIN...

  4. Deutsche Boerse 1Q Net Drops On Weak Activity; Eurex Limits Impact

    German exchange operator Deutsche Boerse AG (DBOEF, DB1.XE) Thursday said net profit fell 32% in the first quarter, reflecting weak trading volumes in stocks and der...

  5. NYSE Euronext Aims to Launch Own Futures Clearing House

    NYSE Euronext outlined an aggressive plan to create its own clearing house for futures transactions on Wednesday, a move that leaves its current provider, LCH.Clearn...

  6. Singapore Exchange Announces New Organisation Structure

    Singapore Exchange Ltd. (S68.SG) Wednesday said it will reorganise its business structure to better leverage growth opportunities in the Asia region, while putting t...

  7. Futures Exchanges Defend Handling Of MF Global

    BOCA RATON, Fla. -( Dow Jones )- Top executives of the world's largest futures exchanges on Wednesday defended their management of the collapse of MF Global Holdings...

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