|Bid||111.15 x 3500|
|Ask||111.20 x 14200|
|Day's Range||111.00 - 112.15|
|52 Week Range||90.94 - 121.15|
|Beta (3Y Monthly)||0.21|
|PE Ratio (TTM)||22.97|
|Earnings Date||Feb 13, 2019|
|Forward Dividend & Yield||2.45 (2.20%)|
|1y Target Est||118.50|
Ireland -- the only European Union member without its own central securities depository -- has relied on a U.K.-based firm called Crest to settle trades since the 1990s and the dawn of electronic financial markets. Once the U.K. leaves Europe’s single market, and after the accompanying loss of financial passporting rights, Crest probably won’t be able to continue providing that service, Euroclear, the giant CSD that runs Crest, has said.
The European Union's markets watchdog has proposed a temporary fix to avoid uncleared derivatives contracts worth trillions of euros being disrupted if there is a no-deal Brexit next March. The European Securities and Markets Authority (ESMA) said the changes it was proposing would give banks one year to "repaper" or shift their uncleared, over-the-counter derivatives positions from London to the EU. Counterparties can begin taking steps to shift contracts - which requires permission from the end-customer - but make any action conditional on a no-deal departure, ESMA said.
The European Union's markets watchdog has proposed temporary exemptions from EU rules to ensure that uncleared derivatives contracts are not disrupted if there is a no-deal Brexit. "The proposed regulatory ...
Europe's top banks will learn on Friday how they have fared in their latest stress test, which could require some to raise capital or shed assets, with Italian lenders expected to come under close scrutiny. The European Banking Authority (EBA), the European Union's banking watchdog, is due to publish the results of 48 banks at 1700 GMT, in what is being touted as its toughest test since the exercise began in 2009. As well as the Italian banks, analysts expect Deutsche Bank, Germany's biggest lender, to be closely watched after three years of losses.
London-based NEX Markets said on Thursday users of its BrokerTec Europe platform would be able to clear repo trades on Deutsche Boerse as it prepares for Britain's exit from the European Union. The unit of NEX Group said clearing for repo, or repurchase agreements, on the German exchange's Eurex Clearing would be available by the end of 2018. "There are emerging opportunities in a post-Brexit world, as well as a desire to extend and diversify the clearing choices that our customers have when trading repo," said https://newsroom.nex.com/news/01112018/nex-markets-connects-with-eurex-to-launch-new-clearing-solution-for-brokertec-europe-customers?ref=News John Edwards, managing director of BrokerTec Europe.
German exchange group Deutsche Boerse is revamping its Asian business with the launch of its European Energy Exchange (EEX) in Singapore, looking to boost its business in the world's fastest growing commodity markets. Deutsche Boerse, which has global ambitions for EEX, said it would rebrand its Singapore-based subsidiary Cleartrade Exchange (CLTX) as EEX Asia, offering futures contracts on freight and seaborne commodities such as fuel oil and iron ore.
Deutsche Boerse (DB1Gn.DE) on Monday posted a 10 percent rise in net profit in the third quarter and confirmed its 10 percent profit growth target for the full year. The German stock exchange operator said that revenue got a lift from increased market volatility and higher U.S. rates. The company is aiming for 10 percent earnings growth this year.
In June 2018, Deutsche Börse Aktiengesellschaft (ETR:DB1) released its earnings update. Generally, the consensus outlook from analysts appear fairly confident, as a 12% increase in profits is expected in the Read More...
Deutsche Boerse (DB1Gn.DE) has announced plans to intensify competition with rival London Stock Exchange (LSE.L) ahead of Brexit, saying it would expand a profit-sharing scheme. The Frankfurt-based exchange's Eurex Clearing said it will expand its "partnership" programme to include repurchase or repo agreements and foreign exchange traded among banks from the first quarter of 2019. The more volume that users pass through Eurex, the bigger share of profit they will get.
Some of the relatives will meet Thursday with President Donald Trump, who could use the occasion to take a stand that would benefit the families. At issue are some $1.68 billion in sovereign bonds owned by Iran’s central bank. A years-long U.S. court battle over the bonds has worked its way up to the U.S. Supreme Court, which on Oct. 1 asked the Trump administration to present its view on whether it should hear a plea for immunity by Iran and its bankers.
With Brexit inflaming rhetoric between the U.K., U.S. and Europe, banks and exchanges are doing their best to prepare for the worst. A no-deal Brexit doesn't only threaten the ability of London-based firms to seamlessly transact business in the EU. It could also stop the clearing of trillions of dollars of euro trades on British soil if EU regulators refuse to recognize the U.K.'s rules as adequate.
Deutsche Boerse AG is building a service that can move trillions of dollars in derivatives trades from LCH Ltd. in London to its own clearinghouse, Eurex Clearing, in Frankfurt. Eurex Clearing has enlisted interdealer brokers BGC Partners Inc. and Cie. Financiere Tradition SA, a subsidiary of Michael Spencer’s NEX Group Plc called TriOptima, and a firm called Quantile Technologies Ltd., a person familiar with the matter said. The German owner of the Frankfurt Stock Exchange aims to receive positions from LCH long before the U.K. leaves the European Union on March 29, according to Matthias Graulich, a board director at Eurex Clearing.
The European Union rejected U.S. calls to water down new derivatives clearing rules on Thursday, saying EU lawmakers would not be "blackmailed" and it had every right to supervise foreign financial firms in the same way as U.S. regulators. The U.S. Commodity Futures Trading Commission (CFTC) chair Christopher Giancarlo threatened retaliation on Wednesday unless the EU softened the draft rules, which set out tougher conditions for foreign clearing houses doing business in the bloc.
WASHINGTON/LONDON, Oct 17 (Reuters) - U.S. banks and securities houses could be barred from trading on exchanges in the European Union if the bloc refuses to water down "irresponsible" proposals for regulating foreign clearing houses, a top U.S. regulator said on Wednesday. Christopher Giancarlo, chair of the U.S. Commodity Futures Trading Commission (CFTC), gave his strongest warning yet on possible retaliatory measures if EU regulators insist on close supervision of U.S.-based clearing houses under new rules.
A look at the shareholders of Deutsche Börse Aktiengesellschaft (ETR:DB1) can tell us which group is most powerful. Institutions will often hold stock in bigger companies, and we expect to Read More...
How the United States supervises cross-border derivatives is flawed and needs resetting to avoid fragmenting markets and placing undue burden on companies, a top U.S. regulator said on Tuesday. In a speech that will be widely seen as targeting the European Union, Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo said the agency was guilty of overreach by regulating firms that were not based in the United States but did business with U.S. customers. This "overly expansive, unduly complex" approach has shown insufficient deference to other countries even though they comply with the same international standards applied in the United States.
German Chancellor Angela Merkel added some of her political weight behind a move of euro clearing to Frankfurt, though she fell short of a full-throated endorsement. “I have heard the words about euro clearing,” Merkel said at a banking conference in Frankfurt, speaking after Volker Bouffier, the premier of the surrounding state of Hesse, and the chief executive officer of Deutsche Boerse AG, Theodor Weimer.
Deutsche Bank (DBKGn.DE) will be booted from the Eurostoxx 50 index of leading European stocks, documents seen by Reuters on Tuesday showed, the latest blow to Germany's largest lender. German exchange operator Deutsche Boerse periodically reassesses the composition of the Stoxx index, using trading data to measure market value and trading volume as a basis for deciding which companies to include. Deutsche Bank's shares are down nearly 38 percent so far this year.