We advised Mercado Abierto Electrónico (MAE) in the preliminary merger agreement with Matba Rofex

Bruchou & Funes de Rioja acted as legal advisor to Mercado Abierto Electrónico (MAE) in the preliminary merger agreement with Matba Rofex.

The merger between the two markets will result in a stronger, more efficient, and diversified entity, thus consolidating their leadership in the field of securities and derivatives markets. Matba Rofex was advised by the law firm Nicholson y Cano.

The merger of MAE and Matba Rofex marks the beginning of a new era in the local capital market. The completion of the merger is subject to certain conditions agreed upon by the parties.

Since its inception, MAE has positioned itself as the most important wholesale trading venue for securities and foreign currency in Argentina, offering a wide range of financial instruments including fixed income, equities, currencies, interest rates, repos, and derivatives.

On the other hand, Matba Rofex, born from the merger of two entities with more than a century of history, has been a pioneer in the operation of futures and options for financial and agricultural products in the region, offering advanced price hedging tools and developing cutting-edge technology for the complete cycle of market interaction.

The Bruchou & Funes de Rioja team was led by partners Hugo Bruzone and Lucila Winschel and supported by associates Youssef El Chaer and Macarena Rolón, with the participation of Estanislao Olmos, partner in the corporate law and M&A department, and Daniela Rey, partner in charge of tax matters.

The Nicholson y Cano team was led by partners Marcelo Villegas and María Fraguas and supported by associate Andrea Schnidrig.