MKTX - MarketAxess to buy Regulatory Reporting Hub from Deutsche Börse

MarketAxess Holdings (MKTX) agrees to acquire the Regulatory Reporting Hub unit of Deutsche Börse Group (DBORY), helping to further expand MarketAxess's services across a broader European client base, particularly in Germany, France, and the Nordics.Terms of the transaction, which is expected to close in Q4 2020, weren't disclosed.The Regulatory Reporting Hub is a pan-European reporting and compliance platform that enables buy- and sell-side clients to meet regulatory and transparency requirements across multiple regulations, such as MiFID II and EMIR."With this acquisition, we’re strengthening both our global post-trade and data businesses in two important ways: significantly extending our European client footprint, and increasing our ability to bring new, innovative technologies and solutions to a critical and complex part of the trade lifecycle," said Christophe Roupie, head of EMEA and APAC at MarketAxess.Last week, MKTX announced an agreement to acquire MuniBrokers, a central  electronic venue serving municipal bond inter-deal brokers and dealers.In the trailing twelve

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MarketAxess to buy Regulatory Reporting Hub from Deutsche Börse