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.
Talk to the deal team
Related deals
WestBridge has made a majority investment in Beckett Investment Management
WestBridge Fund Managers Limited has agreed to make a majority investment in Beckett Investment Management Group, a leading financial planning business in the east of England. The transaction is the fifth investment from WestBridge III and is subject to regulatory approval by the Financial Conduct Authority (FCA).
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn moreEducbank has been acquired by Cogna
Cogna Educação, through its subsidiary Somos Sistemas de Ensino, has acquired an additional 47% stake in Educbank for approximately US$8.9 million, increasing its ownership from 43% to 90% and consolidating control of the platform. The transaction expands Cogna’s presence beyond its traditional enrollment-driven education business into the financial infrastructure that underpins school tuition collection.
Learn more