Deutsche Börse on Thursday raised the stakes in the battle for dominance of European share-trading by saying it would launch a new, pan-European equities trading platform allowing investors to trade blue-chip equities across the region.

It would be the first time an established exchange in Europe has developed plans for such trading on a single venue, with clearing taking place at a central location. The new platform, to be known as Xetra International Market, will use Eurex Clearing in Frankfurt, the Börse’s clearing unit.