Press office

Digital Vega provides integrated e-FX technology solutions for institutional investors, corporates and other FX market participants, with a unique software solution which broadcasts request for quotes (RFQs) from buy-side asset managers, hedge fund and regional banks to sell-side liquidity providers. The acquisition supports Deutsche Börse’s strategic objective to extend its positioning in off-exchange market segments.

Partner Neil Matthews led the Eversheds team, supported by associate Mark Saunders.

Neil Matthews said:
“We are delighted to have acted for Deutsche Börse for a second time in the last 12 months. This strategic acquisition will enable Deutsche Börse to increase it’s positioning in the provision of pre-trade price transparency in the OTC derivatives area and take an initial foot print in the FX derivatives space.”

Brendan Bradley, Senior Vice President at Deutsche Börse said:
“This investment in Digital Vega highlights our recognition of the changing industry landscape and aims to support the G20 commitments for improving the integrity and safety of the OTC markets. Support from the Eversheds team on this deal was greatly valued.”