In March following a challenge by Intercontinental Exchange, Inc. (ICE), the Competition Appeal Tribunal (CAT) upheld the CMA’s findings that the merger between the 2 results in a loss of competition and that in order to resolve this, ICE must sell the Trayport business.

At the same time, the Competition and Markets Authority (CMA) was also asked by the CAT to reconsider its additional requirement that the companies terminate a new agreement that had been entered into during the course of the original investigation and which would significantly expand their commercial relationship.

In its provisional remittal decision, the CMA has found that the new agreement represents a significant step-change in relations between 2 companies which had historically not co-operated. It has also provisionally found that the agreement could risk an effective sale of the Trayport business and benefit ICE in the future whilst disdvantaging the new owner of Trayport.

In view of these risks and the low costs arising from ending an agreement that has not yet been implemented, the CMA has provisionally concluded that it is necessary to terminate it.

The CMA will now consider responses to its provisional decision before publishing its final decision in late May. The provisional findings report is available on the case page along with all other published information relating to the investigation.

Anyone wishing to respond to the provisional findings should do so in writing, by no later than 5pm on 10 May 2017.

Email ice.trayport@cma.gsi.gov.uk or write to:

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Events planned as part of the public consultation for the South Eastern franchise have been cancelled following the announcement of a general election on 8 June.

The following events will now not take place:

Date and time	Location
Tuesday 25 April 2017 4pm to 7pm	London St Pancras, Station concourse
Monday 8 May 2017 4pm to 7pm	London Bridge, Station concourse
Tuesday 9 May 2017 4pm to 7pm	Gravesend, Civic Centre, DA12 1AU
Wednesday 10 May 2017 4pm to 7pm	Canterbury, Westgate Hall, CT1 2BT

The planned stakeholder event at Woolwich Town Hall on Thursday 27 April will also now not take place.

The consultation remains open until 23 May 2017. Please visit the Future of South Eastern rail services consultation page for details of how to respond.

2013 – present Serbia, EU Ambassador and Head of EU Delegation 2010 – 2013 Belgrade, Her Majesty’s Ambassador 2007 – 2010 FCO, Director, Russia, South Caucasus and Central Asia Directorate 2004 – 2007 Cairo, Deputy Head of Mission 2000 – 2003 Warsaw, Consul-General and Director for Trade Promotion 1996 – 1999 Moscow, First Secretary Political (External) 1993 – 1996 FCO, Head, UN Peacekeeping Section, United Nations Department 1990 – 1993 Warsaw, Second Secretary, Know-How Fund 1988 – 1989 FCO, Desk Officer, East Africa Department

The Transaction Data shows HM Land Registry completed 1,796,056 applications from its customers in March. This included 1,765,228 applications by account holders, of which: