Deutsche Boerse-NYSE Merger Threatens Competition, AFME Tells EU

Lock
This article is for subscribers only.

Deutsche Boerse AG’s takeover of NYSE Euronext will hurt competition in derivatives and listings, the exchanges’ biggest customers told the European Union as regulators weigh extending their probe of the deal.

The Association for Financial Markets in Europe, a group that represents banks and brokers including Goldman Sachs Group Inc., Bank of America Corp., Deutsche Bank AG and UBS AG, identified seven areas for further antitrust scrutiny in a submission to the European Commission obtained by Bloomberg News.