EUREX, BOMBAY STOCK EXCHANGE ANNOUNCE TECHNOLOGY ALLIANCE (ENG)

     (The following press release from Deutsche Boerse Group was received by 
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News Release
Deutsche Boerse Group
12.03.13 
Eurex Group and Bombay Stock Exchange announce technology alliance
Agreement brings BSE onto the Eurex Group’s technology platform 
Eurex Group and the Bombay Stock Exchange (BSE) announced today that they
have
agreed to deepen their strategic partnership through a long-term technology 
alliance under which BSE will join the Eurex technology roadmap and deploy
Deutsche Börse Group’s trading architecture in a first step. BSE aims to
replace its derivatives market platform in the course of 2013 and plans to
subsequently replace also its cash market platform. This agreement is an
important step in further developing the strategic partnership between
Eurex
and BSE. 
The new partnership in the technology sphere will allow BSE to quickly
achieve
the highest global standards for speed, reliability and order-handling
capacity. It will bring to BSE state-of-the art levels of capacity and
latency,
already in place at the International Securities Exchange (ISE) since
summer
2011 and in roll-out at Eurex Exchange. By aligning BSE, Eurex Exchange and
ISE
markets on a common trading infrastructure, IT costs for shared customers
will
be significantly reduced. This will also reduce technology development and
installation efforts for Eurex and ISE members who wish to connect to BSE
and
vice versa as well as strengthen the case for cross-listing. 
“We expect our technology alliance with Eurex will help BSE to compete more 
effectively in India, to help us attract more international participants
into
our marketplace and improve our market share in derivatives and equity
trading,” said Ashish Chauhan, MD and CEO of BSE. “It will quickly put BSE
into
the Premier League of exchanges in terms of the performance of our matching 
engine and overall technology infrastructure.” 
“This technology alliance strengthens our long-term partnership with BSE,
and
is another milestone in our Asian strategic roadmap, in which India
obviously
plays an important role. This technology alliance also contributes to
growing
our global liquidity network, based on common market infrastructure, for
the
benefit of both our partners and our members,” said Andreas Preuss, CEO of
Eurex and Deputy CEO of Deutsche Börse AG. 
Media Contacts: 
BSE:
Yatin Padia, ph: + 91 98 330 10098 / Ketan P. Mehta, ph: +91 98 209 42920
e-mail: corp.comm@bseindia.com 
Eurex Group / Deutsche Börse Group:
Heiner Seidel, ph: +49 69 2111 1500, e-mail:
heiner.seidel@deutsche-boerse.com 
About BSE
BSE (formerly Bombay Stock Exchange Ltd.) - Established in 1875, 137 years
ago,
BSE Ltd. is Asia’s first Stock Exchange and one of India’s leading exchange 
groups and has played a prominent role in developing the Indian capital
market.
BSE is a corporatized and demutualised entity, with a broad shareholder
base
which includes two leading global exchanges, Deutsche Börse and Singapore
Exchange as strategic partners. BSE provides an efficient and transparent
market for trading in equity, debt instruments, derivatives and mutual
funds.
It also has a platform for trading in equities of small-and-medium
enterprises
(SME). BSE also provides a host of other services to capital market
participants including risk management, clearing, settlement, market data
services and education. It has a global reach with customers around the
world
and a nation-wide presence. BSE systems and processes are designed to
safeguard
market integrity, drive the growth of the Indian capital market and
stimulate
innovation and competition across all market segments. It operates one of
the
most respected capital market educational institutes in the country (the
BSE
Institute Ltd.). BSE also provides depository services through its Central
Depository Services Ltd. (CDSL) arm and clearing services through its
wholly-owned subsidiary Indian Clearing Corporation Ltd. (ICCL). 
About Eurex Group
Eurex Group turns ideas into opportunities – in trading and clearing,
technology and risk management. Each of our six businesses is a leader and
innovator in their own area. Eurex Exchange was the world’s first
electronic
cross-border exchange, now offering more than 1,900 products across a
growing
range of asset classes. Eurex Clearing is one of the leading central
counterparties globally and a pioneer in risk management and post-trade
technology, offering clearing services for derivatives, equities, bonds,
secured funding & financing and energy transactions. In the U.S., the
International Securities Exchange (ISE) transformed the options industry as
the
first all-electronic exchange and is now one of the world’s largest equity
options exchanges. The European Energy Exchange (EEX) is Europe’s largest
market for trading in energy and related commodities. Eurex Repo is the
leading
market for secured funding & financing in Europe. And Eurex Bonds is one of
the
most liquid markets for European bonds on an electronic trading platform.
Partnering with other industry leaders, investors and regulators around the 
world, our people are shaping an environment where all participants can get 
more from the market.
Find out more at eurexgroup.com
Eurex Group is owned by Deutsche Börse AG (Xetra: DB1). 
Further information from Deutsche Boerse Group
is available under http://deutsche-boerse.com/press
Mailto:Media-Relations@deutsche-boerse.com. 
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