Deutsche Boerse, Russia Exchanges Said to Seek Tie-Up
This article is for subscribers only.
Russia is in talks with Deutsche Boerse AG about creating an alliance with Moscow’s two biggest stock exchanges to boost listings and trading in the face of competition from London and Hong Kong, two people involved in the negotiations said.
Micex, RTS and Deutsche Boerse, Europe’s largest exchange by market value, may swap equity as part of the deal, said the people, who declined to be identified because the talks are confidential. Russian companies may be offered listings in both countries, helping the exchanges win market share, they said.