Euronext Statement On Borsa Italiana
Euronext confirms it is currently in discussions with Cassa Depositi e Prestiti (“CDP”) to submit an offer to London Stock Exchange Group plc for the acquisition of the business and key operational assets of Borsa Italiana.
A further announcement will be made as and when appropriate.
Very interesting @staffordphilip DB1 joins the European exchange roll up, about a decade late. MTS would surely improve performance of Eurex bonds and repo. Could also be seen as a disruptive bid. Plus they get into the data room. https://t.co/7hEfr1wiOz
— Jake Pugh (@jake_pugh) September 11, 2020
The exchange has partnered with CDP Equity and Intesa Sanpaolo for the bid.
Short selling bans deprive participants of information and make trading less orderly.
Initial pricing will generate a net loss for the new exchange on each transaction.
Retail traders can make the equity markets more vibrant and liquid -- as long as they avoid common pitfalls.
New ICB classification leads to one new and three redefined supersectors.