LSE set for bond trading boost

The London Stock Exchange is poised to branch out from its traditional focus on equities after merger partner Borsa Italiana paid €100m ($137m) to acquire a majority stake in the leading European government bond trading platform from rival NYSE Euronext.

The Milan exchange operator confirmed this morning it bought NYSE Euronext's 51% stake in MBE Holdings, a company with majority control of shares in European government bond platform MTS.

WSJ Logo
The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.