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Written question asked by Lord Myners (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Wednesday, 9 March 2011.


Trading: Derivatives

Question
To ask Her Majesty’s Government what assessment they have made of the competition implications for European exchange-traded financial derivatives of the proposed merger of Deutsche Boerse and NYSE Euronext; and whether they intend to make proposals to ensure all trading houses have equal access to Eurex derivatives exchanges.
Answer

The Government are mindful of the potential implications for competition of the proposed merger, which triggers the thresholds under the EU merger regulation. The Government support fair and open access between trading platforms and central counterparties. Proposals to make progress on this are included in the forthcoming EU regulation on derivatives transactions, central counterparties and trade repositories.


Secondary information

Type
Written question
Reference
7164; 725 c420-1WA
Session
2010-12
Subjects
Mergers Stock market Deutsche Borse Euronext
Link
View this Written question on www.publications.parliament.uk