Deutsche Börse, Philippine Exchange Sign Data MoU

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The partnership, which was created in response to increased demand for market data from the region, will develop into a "concrete" plan by the end of the third quarter of this year, Deutsche Börse officials say in a statement.

The deal follows similar agreements between Deutsche Börse and other Asian exchanges. In April, Deutsche Börse signed a partnership with the Shanghai Stock Exchange covering real-time distribution, marketing and sales of its market data products in mainland China, while in