Deutsche Börse (DB11)

Business description

Deutsche Borse AG is a Germany-based international financial marketplace operator. The company offers electronic trading systems for buying and selling of securities on stock exchanges in Europe. It operates four business segments: Xetra; Eurex; Clearstream, and Market Data and Analytics.

Not all about the merger

QuickView | Financials | 09/11/2016

As well as the pursuing the proposed merger with the London Stock Exchange (LSE), Deutsche Börse has been making progress implementing other measures to achieve its strategic goal of accelerating earnings growth. At the half-year stage, the group reiterated its guidance for earnings growth of 10-15% for the full year with cost-cutting measures potentially compensating for lower-than-expected revenues. The LSE merger could generate synergies of c 20% of combined 2015 costs and c 3% of revenues by year three at current exchange rates.

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