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D.Boerse says Xetra algorithmic trading rose in Q1

Wed May 7, 2008 8:21am EDT

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FRANKFURT, May 7 (Reuters) - Algorithmic trading accounted for 45 percent of trading in Deutsche Boerse's (DB1Gn.DE) electronic order-matching system Xetra in the first quarter, up from 39 percent in full-year 2007.

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Deutsche Boerse's Chief Financial Officer Thomas Eichelmann gave the figures on Wednesday in a conference call with analysts on the group's first-quarter results. (For more on Boerse's results, see [ID:nL0617531], for a related story, see [ID:nN06513220]) (Reporting by Peter Starck)

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