Placing a stop on exchange mergers

The likely block of a merger between Deutsche Börse and NYSE Euronext highlights policymakers' unease with stock exchange consolidation and that won't change anytime soon.

It is possible to lump the European Commission’s looming recommendation to block the proposed merger of Deutsche Brse and NYSE Euronext – a deal that would form the world’s largest securities exchange – in with the string of similar failed stock exchange deals around the world last year.

On that interpretation the long journey towards consolidation of the world’s bigger exchanges has effectively ended because regulators have come to the conclusion that they don’t want any further concentration.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles