Nasdaq has matched an offer made by Euronext to acquire Oslo Bors and lowered the barriers for shareholder acceptance on the deal.
Euronext has joined the QuantHouse API ecosystem which is used by more 300 buy-side firms and investment banks.
Exchange operator commits to ‘strategic project’ for Oslo Børs with improved bid to fend offer Nasdaq.
Following a delay in November, Euronext Dublin has now migrated to the proprietary cash markets trading platform Optiq.
Euroclear’s London-based CSD to settle Irish securities in a ‘no-deal’ Brexit scenario after agreement with ESMA and the Bank of England.
Euronext could increase its bid for Oslo Bors after it was outbid by Nasdaq last week for the takeover.
Exchange group has said it has unanimous approval from the board of directors at Oslo Bors to acquire the Norwegian exchange for $770 million.
Oslo Bors said today that its board of directors has met with other potential buyers after receiving interest from parties other than Euronext.
Oslo Bors has invited bids for its acquisition with a new offer process due to take place this month.
Euronext increases stake in Norwegian stock exchange to support considered €625 acquisition bid.