Brussels, 24/06/2013 (Agence Europe) - On Monday 24 June, the European Commission gave official approval to the acquisition of NYSE Euronext (NYX) by InterContinental Exchange (ICE), both of which provide trading and clearing services, particularly for derivatives.
The Commission's investigation found that the deal would not raise competition concerns as NYX and ICE are not direct competitors in the markets concerned and would continue to face competition from a number of other competitors....