Eurex to appeal against antitrust ruling on CME

Monday, 03. December 2018 12:23

Deutsche Boerse's ​derivatives exchange Eurex plans to appeal against the court ruling from a month ago that dismissed its 15-year old antitrust case against the Chicago-based derivatives marketplace CME Group. The notice of intention was filed on Friday in Illinois, the Financial Times reported on Monday.

The case was brought in 2003 when Eurex accused CME and its subsidiary, the Chicago Board of Trade, of violating antitrust laws to protect their home base. When the ruling was brought on November 1, CME said it was "extremely pleased" with the court's decision and called the allegations "baseless."

Related Links: CME Group Inc.
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Breaking the News / NI