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Nasdaq and Deutsche Börse raided in EU antitrust investigation

Offices targeted in two countries as Brussels scrutinises derivatives market for anti-competitive practices

Nasdaq and Deutsche Börse have been raided by EU officials investigating whether the exchange groups may have been involved in antitrust violations related to financial derivatives.

Late on Monday, the European Commission said it had carried out unannounced inspections at the offices of companies in two countries within the bloc for potential anti-competitive practices.

The EU’s executive arm is focused on financial derivatives, which are contracts that track the price of an underlying asset, such as a bond, equity or interest rate.

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