August 16, 2016 BY Valentina Kirilova
CMA sets out provisional concerns about ICE/Trayport merger
The Competition and Markets Authority (CMA) has provisionally found that ICE’s acquisition of Trayport may give rise to competition concerns. The operator of exchanges and clearinghouses in the trading of European utilities, Intercontinental Exchange, Inc. (ICE), has its own proprietary software which allows trading of energy commodity and utility derivatives on its exchanges. Trayport’s software…
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