Europe’s competition authorities in Brussels have issued a new questionnaire to market participants on the proposed merger of Deutsche Börse and NYSE Euronext, Financial Times reports. The document consists of 98 questions on derivatives to highlight differences between the uses and cost of using listed versus over-the-counter derivatives.
It also questions the extent to which standardized OTC contracts can be executed on an exchange or electronic trading platform similar to OTC. The unification of the two groups will bring together Deutsche Börse’s Eurex platform and NYSE Euronext’s NYSE Liffe.
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