Traditional fixed income fund managers are looking to enter the European ETF market.
The Board of Oslo Børs is supporting a rival bid from Nasdaq.
Traders can access a deeper pool of capital through a single pan-European order book.
Venues will not be able to rely on MiFID II passports after Brexit.
ETFs have become mainstream amongst European investors.
Any chance of a no-deal means firms will have to continue with contingency plans.
BTFE will operate alongside Bloomberg's UK MTF.
Esma issued a call for evidence on periodic auctions last November.
Clients will have uninterrupted access to liquidity post-Brexit.