Deutsche Borse has expanded its market data offering by launching MiFID Post Trade, a new post-trade transparency product, for its regulated exchanges.
According to the Deutsche Borse MiFID Post Trade provides trading prices and volumes for all MiFID relevant instruments traded on the Frankfurt stock exchange (Xetra and trading floor) as well as Tradegate Exchange.
Deutsche Borse claimed that the data which is non-delayed and quality assured offers transparency and more value than data that is available for OTC markets.
The new product complements Deutsche Borse’s existing Information Product MiFID OTC which provides post-trade transparency for the OTC market.
Georg Gross, head of front office data and analytics at Deutsche Borse, said: “MiFID Post Trade satisfies our clients’ needs for a pure post-trade transparency product for MiFID relevant stocks. MiFID Post Trade will become available in fall 2010. It will be offered at a lower price than already existing Information Products to allow the consolidation of post-trade transparency data in a cost efficient way.”