Use the following statement from the financial news and answer the question below: Deutsche Brse AG
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Use the following statement from the financial news and answer the question below: “ Deutsche Börse AG has become the largest European financial market in two months, following NYSE Euronext, to announce in mid-2008 a central counterparty for its stock-lending business. The exchange’s service is designed to tackle counterparty risk. Eurex Clearing, the central counterparty for German stocks, and Clearstream, the German depository, services could be live before the end of June 2008.”
What does this move by Deutsche Börse AG (the German Stock Exchange) mean in terms of competition and globalization of the world’s stock exchanges?
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Related Book For 
Understanding Investments Theories And Strategies
ISBN: 9780367461904
2nd Edition
Authors: Nikiforos T. Laopodis
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