A3 markets began operating, the new place emerged from the merger between Matba Rofex and Mae

A3 markets began operating, the new place emerged from the merger between Matba Rofex and Mae

A3 markets is a new entity that arises from the merger between the electronic open market (MAE) and Matba Rofex.

A3 markets began its operations on Wednesday. This new entity arises from the merger between the electronic open market (MAE) and Matba Rofex. In this context, The traditional bell touch was performed in Byma.

It should be noted that Matbawas founded in 1907 and Rofex, in 1909, as markets for future agricultural; and Maeestablished in 1989 as a fixed -income electronic platform. These entities were incorporating options, financial futures, foreign exchange and innovative negotiation and post negotiation services.

A market that is expanded

“A3 markets is born to strengthen the infrastructure of the local capital market, guaranteeing transparency and safety in operations. Its technology business unit, with presence in Latin America, will promote the modernization and competitiveness of the sector,” they officially said.

In this context, The traditional bell touch in Byma was made to start the operation of the Ticker A3and the beginning of this new stage was officially marked.

The president of A3 markets, Robert OlsonHe stressed that “the integration of Mae and Matba Rofex in A3 markets allows us to offer innovative and efficient solutions, adapted to the needs of the current market. We know that this fusion will contribute to the development of a more dynamic and accessible financial ecosystem.”

For its part, the vice president Andrés Ponte He stressed that “this initiative is a fundamental step towards the consolidation of the Argentine capital market. A3 combines the experience of three major institutions to create a more competitive and greater environment.”

Source: Ambito

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