Bafin Approves NYSE Euronext-Deutsche Börse Merger

deutsche-borse-headquarters-eschborn
The proposed merger would create the world's largest stock exchange.

Ghe Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin), Germany's financial regulatory authority, has given its approval to the proposed merger between NYSE Euronext and Deutsche Börse.

The examination is comparable to the shareholder control procedure by the stock exchange regulators, and concluded that there was no regulatory barrier to the process.

Bafin's approval represents a significant milestone for the two exchanges, which are facing a European Commission (EC) antitrust

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