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NEX eyes Italy expansion with fixed income acquisition

BrokerTec is looking to deepen its presence in Italian financial markets with the acquisition of e-MID

NEX eyes Italy expansion with fixed income acquisition

NEX Group's fixed income trading venue is looking to expand in Italy after agreeing to buy a controlling stake in a platform used by customers to trade interbank deposits and overnight indexed swaps.

BrokerTec's acquisition of e-MID SIM SpA requires approval from the Bank of Italy, according to a January 27 statement.

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