A flurry of statements have emerged on the future consolidation of exchanges and clearing.
A flurry of statements have emerged on the future consolidation of exchanges and clearing, with the social networking site Twitter filling with comments from key people in the NYSE Euronext-Deutsche Börse merger.
The possible fallout if the merger collapses was highlighted by the London Stock Exchange statement which confirmed exclusive discussions with LCH.Clearnet are continuing.
However, this morning’s comments have triggered speculation that NYSE Euronext could revive its bid for LCH.Clearnet which previously also involved Markit.
EU competition commissioner Joaquín Almunia told Bloomberg TV: "If there is no competition, it would be a negative signal for everybody. My conclusion is that some problems of competition will not be solved by this...