Luxembourg Stock Exchange & NYSE Bourse extend bond cooperation

February 4th, 2008 by admin




NYSE Euronext and the Luxembourg Stock Exchange on said on Monday thay had made a step forward in their cooperation on bonds.

They said Euronext markets were adapting the SAGE services and functions already used by the Luxembourg Stock Exchange for the listing of corporate debt issues.

As a result, NYSE Euronext’s European markets now process corporate-bond listings and corporate actions using the SAGE platform, equipped with an interface that facilitates administration and tracking of procedures relating to the admission of this type of instrument.

Posted in Business

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About Luxembourg

Luxembourg lies on the cultural divide between Romance Europe and Germanic Europe, borrowing customs from each of the distinct traditions. Luxembourg is a trilingual country; French, German, and Luxembourgish are official languages. Although a secular state, Luxembourg is predominantly Roman Catholic.