Frankfurt: The Frankfurt stock exchange has not given up hope of tying the knot with the London Stock Exchange and is mulling fresh plans to relaunch their failed merger project, iX, the weekly magazine Teleboerse reported in its latest edition.Quoting "well-informed sources," Teleboerse said that the German stock exchange operator, Deutsche Boerse, was considering launching a second attempt to set up the iX Frankfurt-London super exchange, possibly by the end of the year.
Of vital importance this time round would be how Deutsche Boerse chief Werner Seifert handled London's wishes to remain as independent as possible, the magazine said.
Seifert might, for example, propose that trading continue to take place according to the respective national regulations, while the two exchanges would pool their organisation and technology. A spokeswoman for Deutsche Boerse declined to comment on the report.
AFP
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