Last Updated on Tuesday, 5 October, 2021 at 12:51 pm by Andre Camilleri
The Malta Stock Exchange will extend the use of Deutsche Börse’s T7 trading technology for a further five years. The agreement ensures that the Malta Stock Exchange will continue to operate its cash market with highly efficient technology. Both parties have agreed that future adjustments or innovations to Deutsche Börse’s trading infrastructure can also be introduced on the Malta Stock Exchange if desired.
“Deutsche Börse provides us with exceptionally reliable and efficient trading technology. The partnership has proven its worth for the Malta Stock Exchange since 2012. Therefore, we have decided to continue to address the future technological changes and challenges facing the financial industry together with Deutsche Börse,” said Simon Zammit, CEO of Malta Stock Exchange.
“We are delighted that the Malta Stock Exchange has chosen Deutsche Börse’s IT services and technology solutions. This will enable trading participants to benefit from our technology for the cash market, which we are constantly developing, as well as from a large international network of market participants”, said Eric Leupold, Managing Director of Deutsche Börse’s Cash Market.
Several other exchanges in Europe and around the world also use Deutsche Börse’s leading trading architecture. In addition to the global derivatives exchange Eurex, the Frankfurt Stock Exchange with its Xetra platform and the European Energy Exchange (EEX), the number one in global power trading, all of which use T7, the cash market trading of the Vienna Stock Exchange also runs on Deutsche Börse’s technology. The exchanges in Budapest, Ljubljana, Prague, and Zagreb have also been using Deutsche Börse technology for many years. T7 stands for low latency, enormous reliability, and a high degree of flexibility. This is demonstrated by its diverse use in cash, derivatives, and energy markets worldwide.