BrokerTec Europe Acquires e-MID to Expand into Italian Financial Markets

[kreslik.news]

BrokerTec, NEX Group’s global electronic fixed income trading platform, announced today that it has agreed to acquire a controlling majority stake in e-MID SIM SpA, the first Italian electronic central limit order book (CLOB) platform for interbank deposits and Overnight Indexed Swaps (OIS).

The transaction is subject to certain conditions, including approval from the Bank of Italy. If this goes ahead, the transaction is expected to be completed in the next few months.

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BrokerTec Europe Subsidiary

Upon completion of the transaction, e-MID will become a subsidiary of BrokerTec ... (read more)