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OFT delays on Bats-Chi-X merger decision

A decision from the Office of Fair Trading on the merger between equities trading platforms Chi-X Europe and Bats Global Markets was expected today – however, it has now been delayed until next week, according to sources close to the situation

A decision from the Office of Fair Trading on the merger between equities trading platforms Chi-X Europe and Bats Global Markets was expected today. However, it has now been delayed until next week, according to sources close to the situation.

The case is currently being reviewed by the UK competition authority, which stated that June 3 was the expected decision date for the case, according to its website.

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