So, NYSE Euronext and Deutsche Boerse agreed to terminate their agreement to merge, thanks to the European Commission's prohibition of it.

Competition would be unduly reduced, it said, by allowing them to merge their two derivatives markets. They would then control more than 90% of the market, by its definition.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.