FRANKFURT, Sept 12 Exchange operator Deutsche
Boerse is exploring plans to create a derivatives
clearing house in Asia as a way to expand its post-trade
processing services in emerging markets, two sources familiar
with the matter said on Thursday.
Deutsche Boerse declined to comment.
The move forms part of a strategic push by the
Frankfurt-based company to diversify its business beyond Europe.
In February, Deutsche Boerse Chief Executive Reto Francioni said
the group would focus on growth in Asia and Latin America.
The Financial Times was first to report on Deutsche Boerse's
derivatives clearing house plans in the region.
Earlier this week, Deutsche Boerse and the Singapore
exchange SGX struck a deal on custody and settlement through its
unit Clearstream, to help banks and investors manage their
(Reporting by Edward Taylor and Andreas Kroener)