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.

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