The two biggest exchange groups in Europe said Wednesday they had reached an agreement on a $30 billion merger, 16 years after they first looked at combining.
The merger of Germany’s Deutsche Börse AG DBOEY -0.24% and London Stock Exchange Group Plc LDNXF -0.48% will create one of the biggest platforms for derivatives trading in the world, allowing its members to cut the costs associated with holding large volumes of products such as interest-rate swaps and options.
