The Shanghai Stock Exchange has decided to implement Deutsche Bourse's Xetra electronic trading system, a German newspaper reported on Saturday, citing financial market sources.
Boersen-Zeitung said an agreement was due to be signed and announced shortly, with Deutsche Bourse as a sub-contractor to technology consulting firm Accenture in the deal.
Deutsche Bourse declined to comment when reached by Reuters.
A Shanghai exchange official said in April that Deutsche Bourse was among a handful of candidates in the running to help set up an electronic trading system for the Chinese bourse.
Deutsche Bourse's Xetra is already being used by the Austrian and Irish stock exchanges.
Deutsche Bourse shares ended Friday up 1.13 percent at 41.14 euros, outperforming the DAX blue chip index, which closed down 0.1 percent.
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