A bit of overlooked news this week: Italy's Borsa Italiana says it's going to exercise its option on MBE Holdings, which owns 60% of MTS SpA, the OTC bond platform that handles the bulk of the Continent's secondary government debt business -- and designed the pan-European government bond indexes that provide the underlying instruments for Euronext's portfolio of EuroMTS Government Bond Index Futures. Any comments on how this might alter the bidding landscape, especially with LSE and Borsa Italiana now talking to each other?