After Veto, Europe’s Exchanges Gird for Derivatives Battle
The EU blocked the Deutsche Börse-NYSE Euronext merger to promote competition in futures and options. Rivals including the LSE Group and BATS Chi-X Europe will be only too happy to oblige.
Loch Adamson
February 2, 2012
The DAX index curve is displayed on a board at the Frankfurt Stock Exchange in Frankfurt, Germany, on Wednesday, Feb. 1, 2012. European Union regulators vetoed Deutsche Boerse AG and NYSE Euronext's plan to create the world's biggest exchange after concluding the merger would hurt competition. Photographer: Hannelore Foerster/Bloomberg
Hannelore Foerster/Bloomberg
