Deutsche Börse, the Frankfurt-based stock exchange, is taking a proactive approach to measuring activity on the German market and helping its members to manage transaction costs. Last week, the exchange unveiled a new set of systems aimed at fund managers and brokers that leverages the immense data available for its participants.

The two new systems, Xetra Liquidity Measure and Xetra Transactions Cost Analysis, work together to manage so-called implicit transactions costs.