|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||15.74 - 15.92|
|52-week range||15.57 - 17.83|
|Beta (5Y monthly)||0.61|
|PE ratio (TTM)||22.15|
|Forward dividend & yield||0.37 (2.29%)|
|Ex-dividend date||20 May 2021|
|1y target est||N/A|
MILAN (Reuters) -Deutsche Boerse will allow stock investors to trade on the Frankfurt exchange until the close of U.S equity markets starting from Monday, a move that highlights heightened competition to win over clients. The two-hour extension to 10 p.m. local time (2100 GMT) could bring higher volumes for Deutsche Boerse but also raise costs, while putting pressure on foreign rivals to possibly consider a similar move, traders said. "Deutsche Boerse offers a lot of foreign shares on their trading platform and this move could be aimed at attracting more retail trading interest," said Anish Puaar, European market structure analyst at Rosenblatt Securities.
Deutsche Boerse's power and gas exchange EEX plans to launch an index to price hydrogen next year to aid trading of the commodity that is expected to play a big role in the shift to a green economy, one of the bourse's board members said. The index, details of which will be released before the end of the year, aims to publish a price of hydrogen that will reflect prices as they emerge from the over-the-counter market and bilateral trades in import and export agreements. "Europe has the potential to be an important pillar of global price determination," EEX Chief Strategy Officer Tobias Paulun said at the Reuters Events Hydrogen Economy Europe conference.
Euro derivatives clearing was shifting from London to Frankfurt, showing how ending a heavy reliance on Britain after Brexit is feasible, a senior Deutsche Boerse official said on Monday. The European Union is due to decide by year-end on how to shift clearing in euro denominated swaps to Frankfurt from the London Stock Exchange's LCH arm, which accounts for about 90% of the activity. "It's not a question of if liquidity moves, but a question of by how much and when," said Philip Simons, global head of fixed income derivatives at Deutsche Boerse's Eurex derivatives arm told the IDX conference in London.