Deutsche Bourse Plans To Form ECN
ATS/ECN UPDATE
With funds it expects to obtain from a private placement, capital increase, and a stock market listing, Deutsche Bourse AG says it is making plans to start an Electronic Communications Network.
The announcement was made as part of Deutsche Bourse's plan to restructure its ownership to reflect that growing presence of foreign investment in the German market. Beyond its intent to develop an ECN, its goals are vague in terms of what it hopes to accomplish or what market leverage it would obtain from
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