Deutsche Borse, an exchange organization, has announced that the Bulgarian Stock Exchange will use its electronic trading system, Xetra.
The Bulgarian Stock Exchange’s decision means that the main technical requirements are in place so that the Xetra trading participants already connected can directly access the Bulgarian market. In turn, the 81 new participants will have the opportunity to trade the more than 17,000 instruments listed on Xetra.
Xetra is one of the most powerful trading platforms for cash market securities and is a synonym for the electronization and internationalization of securities trading. The trading screens give national and international investors access to the securities listed on the Frankfurt Stock Exchange. Xetra works independently of the location of the trader, and provides access to the buy and sell offers in the order book.