Mts, the Italian fixed income platform controlled by Lde, threatens to blow up the wedding between the London Stock Exchange and Deutsche Boerse. London rejected on Sunday evening the EU's request to immediately sell 60% of the platform to avoid the risk of monopoly.
According to the LSE, the divestment of MTS would require the approval of various European regulatory authorities and would be detrimental to the Italian business in a broader sense. For this reason, the London Stock Exchange has refused to satisfy the requests of Brussels, after having already agreed to sell the French subsidiary of the Lch Group, the clearing division of London.
Frankfurt separately communicated that the decision on Mts was taken independently by London and that it expects a decision from the European Commission by the end of March.
