SIX Group intends to make an all-cash voluntary tender offer for Bolsas y Mercados Españoles (BME) to create the third largest European financial market infrastructure group. SIX says the combination would create a diversified group with a strong presence across Europe, and believes the proposed transaction represents an attractive financial proposition for shareholders of BME. The transaction could strengthen both Spanish and Swiss ecosystems by creating centres of excellence and bringing new capabilities to BME and SIX participants, as well as attracting new global capital pools to Spain and enhancing Swiss asset managers’ presence in the EU.
A-Team Insight Briefs
Date: 16 June 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET The Covid-19 pandemic has shaken financial institutions’ working practices to the core. Trading volumes have exploded, with some venues recording more than 10X the usual volume of transactions. Volatility has raged, with the benchmark VIX index testing new highs. And nor are...
The US Securities and Exchange Commission (SEC) consultation on the future of the three consolidated tapes that are produced for equity trading could lead to a radical shake up of the consolidated tape system – or the disappearance of the consolidated tape completely. The industry debate may become intense, as the outcome may have ramifications...
Now in its 9th year, the Data Management Summit (DMS) in London explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.
The time for talking is over. The time for action is now. A bit melodramatic, perhaps, but given last month’s official launch of the global legal entity identifier (LEI) standard, practitioners are rolling up their sleeves and getting on with figuring out how to incorporate the new identifier into their customer and entity data infrastructures....