Nasdaq OMX has opposed a proposed tie-up between NYSE Euronext and Deutsche Börse, Financial News reports. The bourse contends that the deal will eliminate competition in Europe’s listed-derivatives markets and exploit its dominance over customers by charging extra fees.
Nasdaq OMX also claims that new venues will be overshadowed by the newly created entity. NYSE Euronext and Deutsche Börse, seeking to unite since February, are awaiting the result of the European Commission’s antitrust investigation into the proposed exchange group.
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