Mercado Abierto Electrónico S.A. has merged with Matba Rofex S.A.

September 2024 — Mercado Abierto Electrónico S.A. (MAE) and Matba Rofex S.A. have merged to create A3 Mercados S.A., the largest financial exchange in Argentina. A3 Mercados unites all corporate and government futures, derivatives and fixed income markets in the country.

MAE is an Argentine electronic stock exchange specializing in the trading of financial instruments, primarily government securities, corporate bonds and derivatives. Established in 1989, it operates as a centralized marketplace that facilitates secure and efficient electronic trading. MAE plays a key role in Argentina’s financial market infrastructure by providing transparency, liquidity and competitive pricing to investors. Its platform allows for real-time transactions, offering both institutional and retail investors access to a wide range of financial products while adhering to regulatory standards.

Matba Rofex is an Argentine financial exchange created from the merger of the Mercado a Término de Buenos Aires (Matba) and the Rosario Futures Exchange (Rofex). It specializes in trading derivatives including futures and options, particularly in agricultural commodities, such as soybeans, corn and wheat, in addition to financial instruments, such as currencies and interest rates. Matba Rofex plays a crucial role in Argentina’s agricultural and financial markets by offering hedging tools and risk management solutions. It provides a modern electronic trading platform that ensures transparency, liquidity and regulatory compliance, serving both domestic and international participants.

Our role in the transaction

Oaklins’ team in Argentina acted as the exclusive financial advisor to Matba Rofex and MAE in the merger of their businesses to create A3 Mercados.