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 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.

Pegas is a natural gas Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term of EEX Group and an affiliate of Powernext. The platform was established by the European Energy Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term 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.”