"Whether it's 15 minutes to get to that solution or an hour and 15 minutes, we don't really care,'' David Ethridge, the senior vice president at
NYSE Group Inc. who heads its initial public offering unit, said in an interview.
NYSE Euronext is the first cross-border exchange group resultant from the merger of
NYSE Group Inc and Euronext NV on 4 April 2007.
He has also worked as executive vice president and chief financial officer of NYSE Euronext (NYSE: NYX) and its predecessor company
NYSE Group Inc, and was chief financial officer of Archipelago Holdings.
The Tokyo bourse decided to go public in order to secure more ways of fund-raising and flexibly conclude capital alliances with other stock markets amid the growing consolidation of exchanges worldwide, such as the merger between
NYSE Group Inc., the holding company of the New York Stock Exchange, and Euronext N.V., the operator of stock bourses in Europe.
NEW YORK - Shareholders of
NYSE Group Inc. approved on Wednesday a proposal for its merger with the pan-European stock exchange operator Euronext N.V.
Last March, the NYSE purchased Archipelago Holdings and the affiliated Pacific Exchange for $9 billion and transformed itself into a for-profit public company called
NYSE Group Inc, trading under the ticker symbol NYX, according to a report in the San Francisco Chronicle.
The new entity, a holding company to be called
NYSE Group Inc., will spin off the NYSE's regulatory arm into a not-for-profit oversight entity.
The TSE decided to switch to a holding-company structure amid the global consolidation between stock exchanges, such as the merger agreement between
NYSE Group Inc., the holding company of the New York Stock Exchange, and Euronext N.V., the operator of stock bourses in Amsterdam, Brussels and Paris.
Even as
NYSE Group Inc. CEO John Thain and Euronext Chairman Jan-Michiel Hessels held a news conference to explain their deal, Deutsche Boerse issued a statement reiterating that its bid, which Euronext executives advised shareholders against, was a good offer.
But the recent acquisition of Euronext NV, the pan-European stock exchange operator, by
NYSE Group Inc., the operator of the New York Stock Exchange, has apparently prompted the LSE to seek measures to counter expansion of U.S.
NYSE Group Inc. said Tuesday it has acquired 91.4 percent of Euronext NV shares as a result of its tender offer, almost completing procedures to create the world's largest bourse.
NEW YORK -
NYSE Group Inc. said Tuesday it has acquired 91.4 percent of Euronext NV shares as a result of its tender offer, almost completing procedures to create the world's largest bourse.
