Deutsche Börse says it has now launched a new service which allows for an optimized on-exchange execution of large-sized exchange-traded fund (ETF) orders.
The Xetra Quote Request enables users to take full advantage of the complete Deutsche Börse service chain from trading, clearing and settlement to trade reporting and market data dissemination.
“As Europe’s leading ETF exchange, Deutsche Börse is committed to improving the efficiency of on-exchange trading in ETFs“, said Deutsche Börse’s Martin Reck, managing director cash market. “Xetra Quote Request provides investors with an effective alternative to executing large-sized ETF orders. It is an initiative which is seeing great support both from ETF issuers and market makers.”