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Bombay Exchange and Eurex Reach Tech Sharing Pact

bombay-stock-exchange

BSE aims to replace its derivatives market platform with Eurex's help sometime in 2013 and plans to subsequently replace its cash market platform. The partnership means that BSE can turn to Eurex for future upgrades as well.

By aligning BSE, Eurex Exchange and the International Securities Exchange (ISE) markets on a common trading infrastructure, IT costs for shared customers are expected to fall. This will also reduce technology development and installation efforts for Eurex and ISE members who

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