SIX’s Purchase of BME Boosts Presence but Tech Challenges Lie Ahead

Exchange partnership will deliver benefits of scale but rationalizing trading infrastructure will take time, say observers


​The best acquisitions are symbiotic. Rather than a stronger entity imposing its will on the acquired, both teams bring something to the table that makes the combined unit a greater force in the market.

It will take time to gauge whether SIX Group’s €2.57 billion ($2.9 billion) purchase of Spanish equities exchange operator Bolsas y Mercados Españoles (BME) is an example of a well-formed partnership, but it’s a deal that SIX has been looking to close for a while. No matter what, it will create

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

Why recent failures are a catalyst for DLT’s success

Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here