Argentina’s leading futures exchanges, the Mercado a Término de Buenos Aires and Rosario Futures Exchange, are holding talks on a possible merger, FOW has learned.
"The second phase of talks began in March,"
Rofex’s chief operating officer, Ismael Caram,
told FOW. "They consist of negotiations to see what kind of
agreements there can be between us."
Matba’s CEO, Gustavo Picolla, echoed
Caram’s sentiments, giving cautiously optimistic
backing to the talks.
"Matba’s position is that... we’re
open to [a merger], as long as our shareholders are happy with
the idea", he said. "Conversations are taking place now,
because both boards agreed to them, but the final decision
rests with the shareholders."
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