3. Use the following statement from the financial news and answer the question below: Deutsche Brse AG

3. Use the following statement from the financial news and answer the question below: “Deutsche Börse AG has become the largest European financial market in 2 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. The services of Eurex Clearing, the central counterparty for German stocks, and Clearstream, the German depository, could be live before the end of June 2008.”