NYSE Euronext Inc.

                                   
 
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Deutsche Boerse CEO Pitches NYSE Deal to Shareholders
The chief executive of German stock exchange operator Deutsche Boerse AG, Reto Francioni, Thursday urged shareholders to support the merger between Deutsche Boerse and NYSE Euronext by tendering their shares to create the world's largest shares and derivatives trading platform.
 

Overview

NYSE Euronext Inc. is a publicly-traded trans-Atlantic stock-exchange operator. NYSE Euronext offers financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, exchange-traded funds, bonds, market data, and commercial technology solutions.

Its markets include the New York Stock Exchange, also called the Big Board, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; NYSE Liffe, a futures exchange; NYSE Arca, a U.S. options trading platform; and NYSE Amex, the former American Stock Exchange. NYSE Technologies operates a global network that supports trading on its markets, and also provides trading and information technology solutions to third-party financial markets and other financial institutions.

In 2007, NYSE Group Inc. and Euronext N.V. merged to create NYSE Euronext, and NYSE's regulatory arm was consolidated with NASD into the Financial Industry Regulatory Authority (FINRA). The company acquired Amex, also called the Curb, in 2008. The company is building a large high-speed trading data-center facility in Mahwah, N.J., with the goal of becoming the go-to venue for high-frequency trading when it opens in 2010, according to The Wall Street Journal. The company has been expanding its stock and derivatives businesses and at the same time streamlining operations and management, shedding 2,000 job since the 2007 merger.

Recruiting


CEO Duncan Niederauer is a former Goldman Sachs Group Inc. trading executive, so look for a Goldmanesque management style and culture.

Subsidiaries & Divisions


  • NYSE Group Inc.

 

 




 
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