|Bid||116.70 x 3500|
|Ask||116.80 x 14200|
|Day's Range||115.15 - 116.80|
|52 Week Range||88.60 - 121.15|
|PE Ratio (TTM)||24.79|
|Earnings Date||Oct 29, 2018|
|Forward Dividend & Yield||2.45 (2.08%)|
|1y Target Est||117.82|
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.
The Intercontinental Exchange has said it will offer futures contracts based on the euro zone's new "risk free" interest rate benchmark - once the market agrees on one. Central banks are prodding markets to replace Libor and sister benchmarks like Euribor in the euro zone with "risk free" alternatives based on market transactions. Banks were fined billions of dollars for trying to rig the benchmarks, used to price trillions of dollars in financial contracts.
LONDON/ANKARA, Aug 1(Reuters) - An English court has cleared the way to consider whether it will allow the families of some of those killed in the Sept. 11, 2001 attacks on the United States to make a claim on Iranian assets in Britain. The relatives want the English High Court to enforce a 2012 decision by a U.S. court which found there was evidence to show that Iran provided "material support and resources to al Qaeda for acts of terrorism". The New York court awarded the plaintiffs damages of over $7 billion.
FRANKFURT/LONDON (Reuters) - Deutsche Bank (DBKGn.DE) has moved the clearing of a "large part" of new euro-denominated derivatives trades from London to Frankfurt, as financial firms ramp up their Brexit preparations. The shift by Germany's largest bank, which was confirmed by a spokesman on Monday, is a boost to Deutsche Boerse's (DB1Gn.DE) efforts to gain ground from London in the euro clearing market. This ensures a deal completes even if one side of a trade goes bust, as Britain exits the European Union.
FRANKFURT/LONDON, July 30 (Reuters) - Deutsche Bank has begun clearing a "large part" of new euro-denominated derivatives trades in Frankfurt instead of London, a spokesman confirmed on Monday as a key Brexit battleground in financial services heats up. The shift by Germany's largest bank is will help Deutsche Boerse's efforts to attract a large part of the euro clearing market from London as Britain exits the European Union.
FRANKFURT/LONDON (Reuters) - Deutsche Bank has begun clearing a "large part" of new euro-denominated derivatives trades in Frankfurt instead of London, a spokesman confirmed on Monday as a key Brexit battleground in financial services heats up. The shift by Germany's largest bank is will help Deutsche Boerse's efforts to attract a large part of the euro clearing market from London as Britain exits the European Union. London Stock Exchange's LCH division has long dominated clearing of euro-denominated derivatives like interest rate swaps used by companies to cover themselves against unexpected moves in borrowing costs.
Deutsche Boerse (DB1Gn.DE) posted a 19 percent rise in net profit in the second quarter, helped by increased market volatility generating revenue for the stock exchange operator. With profit of 210.3 million euros (186.76 million pounds) in the quarter, up from 176 million euros a year ago, the company is on track for 10 percent earnings growth this year, it said on Wednesday. Deutsche Boerse recorded a 10 percent increase in revenue in the quarter to 687 million euros, up from 623.6 million a year ago.
The European Union's markets watchdog has proposed measures to stop share trading platforms based outside the bloc having an unfair advantage over EU rivals as Britain readies for Brexit. The European Securities and Markets Authority (ESMA) said on Friday it wanted to make sure that minimum "tick sizes" or monetary increments for non-EU shares traded in the European Union are in line with tick sizes in their home market to avoid unfair competition. Britain is home to the EU's main pan-EU trading platforms like Cboe Europe and London Stock Exchange's Turquoise.
I am writing today to help inform people who are new to the stock market and want to begin learning the link between Deutsche Börse Aktiengesellschaft (ETR:DB1)’s fundamentals and stockRead More...
Britain may bend the rules to defend London's standing as a global investment hub after leaving the European Union, the head of the company that runs the Frankfurt Stock Exchange warned on Thursday, raising the stakes in a duel for post-Brexit financial supremacy. "For London, for Great Britain, this is about survival. You shouldn't believe that there is always fair play over there," Deutsche Boerse (DB1Gn.DE) boss Theodor Weimer told a financial conference.
European Union rules are needed after Brexit to regulate and supervise foreign stock and bond trading venues that want to serve EU investors, the bloc's markets watchdog said on Thursday. Steven Maijoor, chair of the European Securities and Markets Authority (ESMA) said there was a need for a more consistent approach to how foreign trading venues access the EU.
I’ve been keeping an eye on Deutsche Börse Aktiengesellschaft (XTRA:DB1) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believeRead More...
If you are looking to invest in Deutsche Börse Aktiengesellschaft’s (XTRA:DB1), or currently own the stock, then you need to understand its beta in order to understand how it canRead More...
European Union attempts to supervise American financial firms as a condition of access to the bloc's markets would be firmly rejected, a top U.S. securities exchange official said on Tuesday. Mark Hemsley, president of the European arm of U.S. exchange CBOE, said EU regulators were trying to map out future working relations with their UK counterparts after Britain leaves the bloc next March. Brussels has proposed joint supervision of foreign clearing houses that want access to EU customers - or else clearing in euro-denominated contracts, currently dominated by LCH in London, must relocate to the bloc.
BERLIN (Reuters) - Deutsche Boerse AG (DB1Gn.DE) is beefing up its foreign exchange business with a $100 million (75.5 million pounds) deal to buy GTX's Electronic Communication Network (ECN) business ...
Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three key indexes later this year that affects technology stocks. Technology shares will now be included in the midcap index MDAX and the smallcap index SDAX, Deutsche Boerse said. Also, bluechip technology stocks in the benchmark DAX index will also be included in the TecDAX index.
The chairman of Deutsche Boerse's supervisory board said on Wednesday he would not insist on serving another full three-year term amid criticism that he is partly to blame for management missteps. Shareholder adviser Hermes EOS and other investors have said Joachim Faber should pave the way for a successor after the company's former chief stepped down last year amid an ongoing insider trading investigation. "I reserve the right to prepare for a transition in the chairmanship of the Supervisory Board during the next term of office," Faber told shareholders at the company's annual general meeting, where he was up for re-election.