Deutsche Börse brings mutual-funds trading to Asia
The German firm is rolling out exchange trading of mutual funds across Asia, cutting the cost and time of buying these products.
Following the January launch of joint mutual-funds trading by Deutsche Börse and its international central securities depository Clearstream, the service is being rolled out across Asia and could pose a significant challenge to traditional distribution channels.
Funds trading had been possible using Deutsche Börse's cash market platform, Xetra, since 2006, but only for a limited number of mutual funds. The new offering provides access to virtually all cross-border funds.
In addition, …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.