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U.K. Watchdog Challenges ICE’s Trayport Acquisition

August 29, 2016 by Lynn Strongin Dodds

The Intercontinental Exchange (ICE) is pushing back on the provisional findings from the UK’s Competition and Markets Authority’s (CMA) in-depth investigation showing that ICE’s $650 million acquisition of London-based Trayport, a trading software provider, could reduce competition. According to Simon Polito, chair of the CMA’s inquiry, “We examined the merger’s competition risks and given the… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Clearing, General Interest, FinTech Trends, Industry News Tagged With: CME Group, ICE, Intercontinental Exchange, London Stock Exchange Group (LSEG), New York Stock Exchange (NYSE), Simon Polito, Trayport, UK’s Competition and Markets Authority’s (CMA)

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