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SIX to withdraw from bid to be EU equity consolidated tape, if purchase of Aquis is okayed

By Jean Comte ( November 12, 2024, 15:57 GMT | Insight) -- The structure that owns the Swiss and Spanish stock exchanges will withdraw from the EU stock exchanges common bid to become the EU equity consolidated tape, if its buyout of UK's Aquis Market is approved. The transaction will need clearance from several regulatory authorities, including the Swiss's financial supervisor, and the UK's competition authority and financial supervisor, according to a document released yesterday.SIX group, the structure that owns both the Swiss and Spanish stock exchanges, might leave EuroCTP, the common bid of all EU stock exchanges to become the bloc's future consolidated tape provider for equity....

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