NYSE and Deutsche Borse Won’t Merge

    Traders work on the floor of the New York Stock Exchange in New York, U.S., on Thursday, July 7, 2011. NYSE Euronext shareholders approved the company's $9.43 billion takeover by Deutsche Boerse AG, bringing the deal to create the world's biggest bourse operator a step closer to completion. Photographer: Jin Lee/Bloomberg via Getty Images

    Jin Lee, Bloomberg / Getty Images

    It looks like The New York Stock Exchange won't be joining forces with Deutsche Borse after all. The two exchanges are in talks to call off their merger after European antitrust regulators said the deal would result in a monopoly in the European financial derivatives. The regulator said the exchanges would have to sell off major parts of their business if they wanted to merge, which the companies refused to do. The combined exchange would have been the world’s biggest market operator.

    Read it at The New York Times