Euronext completes the sale of MTS Markets International Inc., a US subsidiary of MTS S.p.A

Back

Euronext completes the sale of MTS Markets International Inc., a US subsidiary of MTS S.p.A

Euronext completes the sale of MTS Markets International Inc., a US subsidiary of MTS S.p.A

Contacts Media Contact Investor Relations
Amsterdam +31 20 721 4133 Brussels +32 2 620 15 50 +33 1 70 48 24 27
Dublin +33 1 70 48 24 45 Lisbon +351 210 600 614  
Milan +39 02 72 42 62 12 Oslo +47 41 69 59 10  
Paris +33 1 70 48 24 45      

Euronext completes the sale of MTS Markets International Inc., a US subsidiary of MTS S.p.A

Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris 15 December 2022 – MTS S.p.A., the leading European bond trading platform majority-owned by Euronext, today announced that it has completed the sale of its US subsidiary MTS Markets International Inc. (“MMI”) to Tradition America Holdings Inc., a subsidiary of Compagnie Financière Tradition SA, one of the world's largest interdealer brokers in over-the-counter financial and commodity related products.

MMI is the operator of MTS BondsPro, an electronic credit trading system that operates on independent technology and offers access to liquidity and real-time execution on its anonymous, all-to-all order book. MMI joined Euronext in 2021 as part of the acquisition of Borsa Italiana, as a fully owned subsidiary of MTS S.p.A.

The sale of MMI was implemented as a result of the conclusion of a strategic review initiated following the integration of Borsa Italiana and the decision to divest from non-core assets.

CONTACTS MEDIAmediateam@euronext.com
Aurélie Cohen (Europe) +33 1 70 48 24 45 parispressoffice@euronext.com
 

ANALYSTS & INVESTORS ir@euronext.com

 
Aurélie Cohen +33 1 70 48 24 27 ir@euronext.com 
Clément Kubiak +33 1 70 48 26 33 ir@euronext.com 

About Euronext

Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed equity issuers and around €5.7 trillion in market capitalisation as of end September 2022, it has an unmatched blue chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
For the latest news, go to euronext.com or follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

About Compagnie Financière Tradition

Compagnie Financière Tradition SA is one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Represented in over 30 countries, Compagnie Financière Tradition SA employs more than 2,300 people globally and provides broking services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals). Compagnie Financière Tradition SA (CFT) is listed on the SIX Swiss Exchange.

Disclaimer

This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.

© 2022, Euronext N.V. - All rights reserved. 

The Euronext Group processes your personal data in order to provide you with information about Euronext (the "Purpose"). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at dpo@euronext.com.

 

Attachment