POLITICS & INSTITUTIONS - ECONOMY

New LuxSE platform for retail-sized bond trading



CEO of the Luxembourg Stock Exchange Robert Scharfe is pictured left with Euwax CEO Alexander Höptner LuxSE

CEO of the Luxembourg Stock Exchange Robert Scharfe is pictured left with Euwax CEO Alexander Höptner LuxSE

Luxembourg Stock Exchange (LuxSE) has teamed up with Euwax to launch LuxXPrime, a bond trading platform that they said is dedicated to retail-sized bond trade.

According to its website, LuxXPrime “guarantees increased protection to traders through market surveillance, real-time monitoring and supervision of all trading activity.”

Euwax, which is a subsidiary of Boerse Stuttgart, is the prime liquidity provider for the LuxSE-run platform.

In a press release issued on Thursday, LuxSE said that in a first phase the window would include 260 liquid bonds, of which 12 are green bonds, representing 71 issuers from nine countries. The selection of bonds is expected to increase in coming months and the platform will also include other financial securities, like exchange-traded funds.