Deutsche Börse signs market data deal with Chinese firm Wind
Deutsche Börse has signed an agreement with Chinese financial data provider Wind to grant Chinese investors greater access to European markets.
The agreement, in the form of a Memorandum of Understanding (MoU), will create a connection between Deutsche Börse’s data and services portfolio and Wind’s network.
“We look forward to leveraging Wind’s professional distribution network to bring our Deutsche Börse and Eurex offerings closer to China-based investors,” says Thomas Book, executive board member and Eurex CEO.
“This partnership is a great contribution to our Asia strategy: having been active in the Asian markets for more than 12 years now, Deutsche Börse and Eurex have constantly been extending its investor network in the region.”
Deutsche Börse co-founded the China Europe International Exchange marketplace alongside Shanghai Stock Exchange (SSE), and the China Financial Futures Exchange in 2015.
Wind describes itself as a “leading edge data and financial services analytics provider.” The firm says it serves more than 90% of financial institutions in its home market and 70% of Qualified Foreign Institutional Investors (QFII) overseas.
“This cooperation will bring more comprehensive data, higher added value and better services to our clients,” says Li Zhou, vice president of Wind.
“In the future, we will jointly carry out various online and offline communication activities and conferences in various fields to enhance the recognition of Deutsche Börse and the whole European capital market in China.”