Joint venture aims to create top structured products exchange


Swiss stock exchange SWX Group and German exchange and index provider Deutsche Borse will combine their trading activities in structured products as of January 1, 2007 in a jointly owned subsidiary known as Alex. Alex has been given the goal of becoming Europe's leading exchange in structured products trading.

As a specialised exchange, it will be able to directly address the specific needs of customers in the structured products segment, the SWX and Deutsche Borse say. Another advantage of A

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