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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Deutsche Boerse Ag Namen Akt (PK) | USOTC:DBOEF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6.89 | 2.99% | 237.53 | 226.16 | 239.36 | 237.53 | 237.53 | 237.53 | 2 | 18:04:02 |
From Nov 2019 to Nov 2024
By Michael Dabaie
MarketAxess Holdings Inc. agreed to acquire the Regulatory Reporting Hub, the regulatory reporting business of Deutsche Boerse Group.
MarketAxess will acquire the business through Trax NL BV, its wholly owned subsidiary in the Netherlands.
The Regulatory Reporting Hub is a pan-European reporting and compliance platform. Services include transaction and trade reporting, best execution reporting and Systematic Internaliser services, as well as Approved Publication Arrangement and Approved Reporting Mechanism services.
MarketAxess said the acquisition of the Regulatory Reporting Hub would help it to further expand and enhance post-trade reporting and pre- and post-trade data services across a broader European client base, particularly in Germany, France and the Nordics.
The companies expect the deal to close in the fourth quarter of 2020.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
September 23, 2020 08:35 ET (12:35 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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