The local stock exchange BSE signed a framework agreement with Deutsche Boerse for installation of the electronic securities trade platform Xetra and integration of local trade sessions with Xetra platforms used on other stock bourses. About a month ago BSE selected the offer of Deutsche Boerse in competition with the alternative offer filed by OMX. The German entity will provide technical support over a 5-year period. The new trade platform is expected to become operational by the middle of next year. Local investors will have the opportunity to trade with 17,000 financial instruments on stock markets using Xetra, including Frankfurt, Vienna , and Dublin . The stock exchange in Shanghai is also planning to introduce the same trading system.
Source: intellinews-Bulgaria Today