Two Market Giants Tried to Create a $75 Billion Mega-Exchange

[ajacobson]

https://www.bloomberg.com/news/arti...aming-of-deals-after-lse-deutsche-boerse-dies

I'd bet fees would have skyrocketed. I have some doubts the CFTC, SEC and the FTC would have approved.

 

[dealmaker]

https://www.bloomberg.com/news/arti...aming-of-deals-after-lse-deutsche-boerse-dies

I'd bet fees would have skyrocketed. I have some doubts the CFTC, SEC and the FTC would have approved.

Increased but not skyrocketed, that would have opened the door for a new competitor.

 

[ajacobson]

Who never get into the clearing houses. Remember Eurex's shot at US government debt.

 

[dealmaker]

Who never get into the clearing houses. Remember Eurex's shot at US government debt.

Agreed, it would have not been approved.

 

[i960]

Increased but not skyrocketed, that would have opened the door for a new competitor.

Might have opened the door but it's already a duopoly. This would just make it a monopoly.

The result would be bad for everyone.