NEW YORK and STUTTGART, Germany, Oct 8 (Bernama) -- Nasdaq (Nasdaq:NDAQ) and Boerse Stuttgart
have officially announced that Boerse Stuttgart, Germany's leading
exchange for retail investors, has gone live on Genium INET. The system
named Xitaro will be used for trading of all asset classes including
equities, fixed income, exchange traded products and securitized
derivatives. In addition to delivering the exchange system, Nasdaq is
also providing Boerse Stuttgart with hosting and technical operations
services.
"Especially at times of intense competition,
exchanges need to maintain a broad level of investment in their
systems," said Dr Christoph Boschan von dem Bussche, Member of the
Management Board of Boerse Stuttgart GmbH. "That is the only way to
ensure stability and quality in securities trading. Thanks to Xitaro, we
will be able to speed up the implementation of new ideas and their
introduction to the market. In line with our objectives, we will
continue to be an innovation leader for retail investors."
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