(Bloomberg) -- Deutsche Boerse AG and Nasdaq Inc. said they were raided by European Union antitrust watchdogs who suspect the firms may have been involved in a cartel related to “financial derivatives.” A Deutsche Boerse spokesperson confirmed that the company was hit by the EU’s unannounced inspections on Monday, and that it is “fully cooperating” with the probe. A Nasdaq spokesperson said that it is “committed to fully cooperate” with the EU and “support the relevant authorities with the inves
Deutsche Boerse (DBOEY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
FRANKFURT (Reuters) -Deutsche Boerse said on Tuesday that it has launched a regulated platform for the trading of crypto currencies for institutional investors. The German exchange operator had announced plans for the platform last year, and it received additional licenses in February from German regulators. The move comes as bitcoin was perched at a two-year peak, breaking above $68,600 and stalking an all-time high as money keeps rushing into the largest cryptocurrency by market value.