Deutsche Boerse and Nasdaq raided in EU cartel investigation

Deutsche Boerse AG and Nasdaq Inc. said they have been raided by EU antitrust authorities who suspect the companies may have been involved in a cartel involving “financial derivatives.”

A Deutsche Boerse spokesman confirmed that the company was hit by unannounced EU inspections on Monday and that it was “fully cooperating” with the investigation. A Nasdaq spokesman said it was “determined to fully cooperate” with the EU and “support the relevant authorities in their investigation.”