M&As among European bourses to advance ahead of Asian counterparts

Singapore

STOCK exchange consolidation in Europe is set to gather pace in the face of stiff competition and globalisation of capital markets, forging ahead of Asian bourses that have seen little cross-border dealmaking activity within the industry.

The number of standalone exchanges in Europe has shrunk over the years in an industry where size matters. This comes amid the capital-intensive nature of running an exchange, chief executive officer of Swiss stock exchange operator Six Group Jos Dijsselhof told The Business Times in a recent interview.