Deutsche Börse AG has agreed to buy global foreign exchange trading platform 360T Beteiligungs GmbH (360T) for a total purchase price of EUR 725 million.

Deutsche Börse says 360T has a broad customer base including corporates, buy-side firms, and banks, with double-digit annual revenue growth since it was launched in 2000.

Deutsche Börse says it plans to finance the acquisition - which is expected to be immediately accretive to cash earnings per share even without synergies - using a combination of debt and equity.

Completion is subject to competition and supervisory approval.

Russia's National Settlement Depository (NSD), the country’s central securities depository, says it has implemented back-to-back settlements technology for off-exchange DVP (delivery versus payment) transactions. Trading bank accounts and transactions may be in Russian rubles, US dollars, euro, or yuan.

Clearstream reports that the overall value of assets under custody held on behalf of customers registered an increase of 8 percent to EUR 13.2 trillion (compared to EUR 12.2 trillion in August 2014). 

Euroclear Bank has opened an account with Hong Kong’s Central Securities Depositary, the Central Moneymarkets Unit (CMU).

Eurex Clearing reports that it has admitted another major participant to EurexOTC Clear – the German Bund, represented by the Bundesrepublik Deutschland – Finanzagentur GmbH (the Federal Republic of Germany – Finance Agency).

Italy's Monte Titoli and its clients have successfully completed the migration to the European Central Bank’s Target2-Securities (T2S) platform, postponed to August 31 from June 22 when the first wave of implementation began, the London Stock Exchange Group (LSEG) reports.

The Johannesburg Stock Exchange (JSE), Africa's largest exchange, says it has officially launched JSE Eris Interest Rate Swap (IRS) Futures, based on the Johannesburg Interbank Agreed Rate (JIBAR) and denominated in South African Rand (ZAR).