Reports are coming in that worker representatives on the supervisory board at Deutsche Borse have asked for an end to the German exchange’s so far abortive attempts to team up with Euronext. This will put yet another obstacle in the path of the already lumbering Teutonic giant’s attempts at European consolidation.

Chief Executive Reto Francioni has been under institutional pressure to limit his bid for the pan-Continental exchange after tabling an offer of £5.9 billion ($10.86 bn), which was rejected after a comprehensively superior bid was received from the New York Stock Exchange.