Bruchou in merger agreement between MAE and Matba Rofex
Bruchou & Funes de Rioja has acted as legal counsel to the Mercado Abierto Electrónico (MAE) in the preliminary merger agreement with Matba Rofex.
The merger between both markets will create a stronger, more efficient and diversified market, consolidating its leadership in the securities and derivatives markets. Matba Rofex was advised by the law firm Nicholson y Cano.
The merger of MAE and Matba Rofex is a milestone that marks the beginning of a new era in the local capital markets. The closing of the merger is subject to certain conditions agreed between the parties.
Since its inception, MAE has positioned itself as the most important wholesale securities and foreign exchange trading venue in Argentina, with a wide range of financial instruments including fixed income, equities, currencies, interest rates, swaps and derivatives.
Matba Rofex, born from the merger of two entities with more than a century of experience, has been a pioneer in futures and options trading of financial and agricultural products in the region, offering advanced price hedging tools and developing state-of-the-art technology for the full cycle of market interaction.
Bruchou & Funes de Rioja’s team was led by partners Hugo Bruzone (pictured left) and Lucila Winschel (picture right) and was supported by associates Youssef Rameh El Chaer and Macarena Rolón, as well as the participation of partners Estanislao Olmos and Daniela Rey.
Nicholson y Cano’s team was led by partners Marcelo Villegas and María Fraguas and supported by associate Andrea Schnidrig.
