Euronext and Borsa Italiana Acquire MTS, Creating the Largest Liquidity Pool in Europe!

This Financial Insights study assesses the implications of the acquisition of a controlling interest in MTS, the leading European bond trading platform, by a joint venture between the pan-European exchange operator Euronext and the Milan-based stock exchange, Borsa Italiana (BIT). The agreed acquisition of MTS by the Euronext-BIT consortium will change the landscape of European capital markets while having a very reassuring effect in the short term. This study assesses the impact of the deal on all the interested parties and sees benefits all around except for the losers.

Companies Mentioned: EuroNext; Euronext Liffe; Borsa Italiana; EuroMTS; EuroCredit; NewEuroMTS; EuroGlobalMTS; Euro Benchmark Treasury Bills; MTS Quasi Governament Bonds; ICAP; BondVision; Citigroup; Cantor Fitzgerald; Reuters; TradeWeb; LSE; CNO Etrix; Radianz; Xetra; Eurex; Deutsche Börse; BT Group; Shanghai stock exchange; BIT