Deutsche Börse Eyes Spanish Exchange

BREAKING NEWS

German exchange Deutsche Börse approached Spanish exchange operator Bolsas y Mercados Españoles (BME) for a potential merger, according to BME officials. The Deutsche Börse sent a letter to the BME on May 30 to look at possible ways to combine their respective businesses.

Both Deutsche Börse and the BME have in-house systems based on the Hewlett-Packard VMS system, according to Paul Pickup, an IT consultant with Trading Technology. "The two exchanges could combine their businesses on one system

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