Ion’s wrists slapped in probe of Broadway deal

Competition watchdog extends initial investigation after Ion failed to comply with call for info

Ion-Group-headquarters-One-New-Change
Ion Group's headquarters in London's One New Change complex
Flickr | Peter Alfred Hess

Trading systems giant Ion Group has received a telling-off from the UK’s competition watchdog as part of an ongoing probe into the firm’s acquisition of rival vendor Broadway Technology.

On April 23, the Competition and Markets Authority said Ion had failed to comply with a notice calling for “information and documents” to be provided by midnight the previous day. The time available for the CMA’s initial probe – originally set to conclude on June 17 – will be extended as a result.

The slap on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: