Spare cloud computing capacity to be traded on German stock exchange.

• Position: CLOUD - Brief article

Beginning the first quarter of 2014, Deutsche Borse, the operator of the Frankfurt stock exchange and Eurex derivatives exchange, will start trading in its spare cloud computing capacity. Buyers and sellers of at least one terabyte in cloud-computing data space--the size of the average external home hard drive--will be able to match supply and demand through a new platform run by the exchange, with real-time prices.

International Data Corp. has predicted an annual growth rate of up to 40% in Europe's cloud infrastructure over the next seven years as it attempts to catch up with developments in the United States and Asia. The Wall Street Journal reported that Deutsche Borse and Zimory, a Berlin-based software developer that does not provide cloud capacity, recently formed Cloud Exchange AG in hopes of being a "catalyst" for that...