Deutsche Börse has called on German policy makers to do more to make Frankfurt Europe’s dominant centre for trading in China, further moving away from the Anglo-American capital markets that it has targeted for the past decade.
Europe’s largest exchan-ges operator by market value has looked eastward following the failure of its attempt to merge with NYSE Euronext two years ago, pursuing ventures in China, Taiwan, Korea and India in the past 12 months.
It marked a deep-rooted policy change after pushing for 10 years to break into US markets and included its largest deal to date, the $2.8bn acquisition of International Securities Exchange in 2007.
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