Monday August 19 2013
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: International
Link: http://www.gpw.pl/wydarzenia_en/?ph_tresc_glowna_start=show&ph_tresc_glowna_cmn_id=51101
Warsaw Stock Exchangeand Aquis Exchange, the proposed pan-European equities trading exchange, have announce that they have entered into agreement to form an alliance.
Under the terms of the agreement, WSE will acquire shares representing 30% of the total vote at the Aquis Exchange General Meeting and the same share of the company`s profits and will have a right to nominate two non-executive directors to the Aquis Exchange Board of Directors. The total transaction value is GBP 5m and will be covered by WSE’s equity.
Click on the above link for more details.