On October 9, 2020, the London Stock Exchange (LSE) agreed to sell Milan’s Borsa Italiana stock exchange to Euronext NV for €4.33 billion ($5.1 billion). The annoucement of the sale came after the LSE reached definitive terms to purchase data provider Refinitiv for $27 billion. Refinitiv owns the bond-trading platform Tradeweb.
The sale of Borsa Italiana is dependent on the Refinitiv transaction, which is being reviewed by the European Commission, being approved and going through. The LSE expects to complete the Refinitiv deal by the end of 2020, or early 2021, with the Borsa Italiana transaction set to go through in the first six months of next year.
Founded in 2009, the CTX is the world’s first and largest electronic exchange for trading voluntary carbon offsets. It collaborates with the United Nations (UN)on an initiative aimed at reducing carbon emissions.
Although the LME was formally founded in 1877, the exchange traces its origins back to the reign of Queen Elizabeth I in 1571. It offers futures and options trading primarily on base metals.
Founded in 2009, it is an electronic trading exchange for nanomaterials and nano-enabled commodities. The INSCX is based in the United Kingdom and offers live markets during UK and North American business hours.