Frankfurt-based Deutsche Börse announced on July 3 that Xetra, its platform for German equities and European exchange-traded funds (ETFs), went live on the T7 trading system. Xetra handles trading in some 1,000 equities and 1,500 exchange-traded products, including ETFs, and executed a total of 23.4 million trades in June 2017.
Crucially, however, the move will put Xetra onto the same technology base as Eurex, Deutsche Börse’s venue for the lucrative over-the-counter derivatives market. Over
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