Deutsche Börse targets FX options after taking stake in Digital Vega
Deutsche Börse has bought a minority stake in London-based foreign exchange technology vendor Digital Vega, which launched the first in the new wave of multibank foreign exchange options platforms, Medusa, in November 2010.
The deal, announced on July 5 and completed for an undisclosed sum, is part of a Deutsche Börse strategy to get into the foreign exchange market.
"Deutsche Börse does not currently have a large footprint in the FX space. But FX options may need to be traded on exchange-like
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