Deutsche Borse meaning

CASE HUB ARCHIVED This archived case hub captures the position as at the 29 March 2017 decision date; it is not maintained. See also timeline, commentary and related cases. Case facts Overview of the European Commission’s merger inquiry into the proposed combination of Deutsche Börse AG and London Stock Exchange Group plc (Case M.7995). The deal featured horizontal overlaps across several segments within financial market infrastructure. Latest developments On 29 March 2017, the Commission prohibited the transaction. It found the tie-up would lead to a de facto monopoly in the clearing of fixed income instruments. The parties’ proposed remedies did not sufficiently address the Commission’s concerns. Parties Deutsche Börse AG (DB), a Germany‑based diversified financial market infrastructure organisation. It runs the Frankfurt Stock Exchange, a regulated marketplace for trading shares, bonds and other financial instruments. It also operates exchanges including Eurex and EEX. Its non‑trading services span clearing, settlement and custody, plus market data, indices and other information products. London...

CASE HUB ARCHIVED This archived case hub sets out the position as at the judgment dated 9 March 2015; it is no longer updated. See further: timeline, commentary and related/similar cases Case facts Appeal to the General Court seeking annulment of the Commission decision of 1 February 2012 that blocked the merger between Deutsche Börse and NYSE Euronext (Case COMP/M.6166—Deutsche Börse/NYSE Euronext). On 9 March 2015, the General Court dismissed the action in full. Outline The matter is notable as it involves a prohibition decision by the Commission—an infrequent outcome—and is particularly striking given the transaction was cleared by the US authorities. It further illustrates the difficulty of attempting to rescue otherwise problematic mergers through efficiency arguments. Parties Applicant: Deutsche Börse AG (Deutsche Börse) Defendant: European Commission Deutsche Börse is a German-based group active across cash and derivatives markets. It runs the Frankfurt Stock Exchange and holds a majority interest in Eurex, which operates the Eurex Deutschland...

CASE HUB (note–appeal lodged in Case T- 175/12 Deutsche Börse v Commission) ARCHIVED – this archived case hub reflects the position as at the decision of 1 February 2012; it is no longer maintained. See further, timeline and related cases. Case facts Outline: European Commission merger investigation into the proposed merger between Deutsche Börse and NYSE Euronext (Case M.6166). The Commission blocked the transaction on 01/02/2012. Parties Deutsche Börse and NYSE Euronext Deutsche Börse is a German-based group active across all aspects of cash and derivatives markets. It runs the Frankfurt Stock Exchange and holds the majority of Eurex, which operates the Eurex Deutschland derivatives exchange. NYSE Euronext is a US-based company, dual-listed in the US and France. It operates multiple stock exchanges worldwide. Its four principal divisions are cash listing services, cash trading services, derivatives trading and clearing services, and information services and technology services. In Europe, NYSE runs Liffe, a London based derivatives exchange that also operates derivatives exchanges...