ICE Withdraws, LSE Exposed - First Reaction
If anybody thinks they won something today, it redefines 'pyrrhic victory' - the truth is management at both DB1 and LSE have been exposed as incapable of understanding even the takeover panel rules.
CCP is Not Syllogistic
Thus, saying to the EU “so if 93% of ETD is bad, can we have, like, er, merge a vast bulk of cleared OTC market and, say, half the ETD market and not call that a monopoly?”*“*’cos after all it’s not all ETD!”
LCH.Clearnet - A Footnote of Vital Importance
LCH.Clearnet, as was the outcome of the original LCH.Clearnet tie up…