Trading

UK antitrust regulators launch inquiry into CME-NEX deal

The Chicago exchange giant agreed to by Michael Spencer's trading outfit for £3.9bn in March

UK antitrust regulators launch inquiry into CME-NEX deal

UK antitrust regulators have kicked off an inquiry into whether they should approve exchange giant CME Group's £3.9bn purchase of Michael Spencer's NEX Group.

The Competition and Markets Authority said on Thursday that it is considering whether the acquisition, agreed in March, could result in a "substantial lessening" of competition within the UK.

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