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Wednesday 17.03.2004 11:25 am

Sparkassen Broker Gives Insight into Order Books of the Berlin-Bremen Stock Exchange - New exclusive service supports decisions of private investors

FRANKFURT/BERLIN (IST) - Sparkassen Broker is Germany's first broker to integrate the order books of traders at the Berlin-Bremen Stock Exchange into its trading platform. The Top Trader Lounge includes the best bid and ask quotes in real-time for more than 9,000 international stocks. Investors benefit from this new transparency of current market situations. The order books not only indicate where the market is going for individual stocks, they also identify large impending orders. Using precise trading limits, investors can be sure to place their orders at the ideal time.

The order book service is free of charge for Top Trader Lounge users. The "Orderbuch Tour", a German online tutorial, shows investors how to use the new service and how to register for it.

IS.Teledata and the Berliner Börse AG were responsible for the technical implementation. The Frankfurt IT company draws on the relevant data directly from the systems of Berliner Börse AG, processes them in its IS.Market Data Gateway technology platform and serves them via the Internet directly to the PCs of private investors. The applications to display the data were also developed by IS.Teledata.

Dr. Thomas Ruppelt, board member of Berliner Börse AG, welcomes the cooperation with S Broker AG and IS.Teledata. Dr. Ruppelt points out that the order book service has recently been improved and is now more attractive yet. The Berlin exchange still offers the most comprehensive range of international stocks that has been significantly extended over the last weeks. A recent focus has been on China whose coverage nearly doubled to now 1,000 titles.




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