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EU: Brussels narrows LSE-Deutsche Börse probe

By  |  December 12, 2016

Brussels ‎antitrust officials have significantly narrowed the scope of their investigation into the potential merger of the London Stock Exchange Group and Deutsche Börse to focus on whether the deal will block out rivals in derivatives clearing.

Competition authorities are expected to announce this week that they will centre their probe of a deal that would create Europe’s largest exchange on how the two bourses link their clearing houses, according to three people familiar with the talks.

Many issues that Brussels flagged up in September at the end of an initial investigation, including equities trading and clearing, exchange traded funds, indices and fixed-income ‎trading, no longer concerned officials, these people said. The European Commission declined to comment reported FT.

Full Content: Financial Times

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