Reuters
Published Feb 02, 2017 08:39
Updated Feb 02, 2017 08:50
LSE says looks forward to completing merger with Deutsche Boerse
FRANKFURT (Reuters) - The London Stock Exchange (L:LSE) said it welcomed that Deutsche Boerse's (DE:DB1Gn) chairman backed its chief executive in the face of an insider trading probe and said it looked forward to completing a planned merger between the two exchange operators.
Frankfurt prosecutors are investigating a share purchase by Deutsche Boerse Chief Executive Carsten Kengeter in December 2015, just over two months before merger talks between the two groups were publicly announced.
Supervisory board Chairman Joachim Faber said late on Wednesday that the accusation of insider trading was groundless.
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.