Deutsche Börse Market Data + Services Gains Licensing Agreement with Pegas

Deutsche Börse Market Data + Services has embarked on a partnership and gained exclusive license rights to Pegas’ real-time market

DBDeutsche Börse Market Data + Services has embarked on a partnership and gained exclusive license rights to Pegas’ real-time market data for its traded spot, derivatives, natural gas contracts.

Back in November, Deutsche Börse AG purchased a minority stake in R5FX Ltd., a London-based FinTech firm specializing in emerging currencies and Non-Deliverable Forwards, for an amount in the single-digit millions of British pounds.

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Pegas is a natural gas trading platform of EEX Group and an affiliate of Powernext. The platform was established by the European Energy Exchange to help foster a European-wide natural gas market. The platform allows investors access to natural gas contracts in Belgian, Dutch, French and German markets.

According to Georg Gross, Head of Information, Market Data + Services, Deutsche Börse, in a recent statement on the integration, “With this new market data partnership, PEGAS will benefit from our extensive data distribution and licensing network. For our clients, this means improved access to key market data from the pan-European gas market.”

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