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Exchange Merger: OMX and IntercontinentalExchange (ICE) Make Hostile Bid for NYSE Euronext
Last February Deutsche Börse AG and the NYSE Euronext, announced the highly anticipated, highly covered $10 billion deal to create the biggest exchange operator in the world. However, a steady steam of rumors surfaced before the negotiations closed that...
United States (Apr 4th, 11)
Merger Talks between Nasdaq OMX and ICE?
The reports that have surfaced regarding a possible merger between the Nasdaq OMX Group and IntercontinentalExchange Inc. (ICE) now indicate that the deal is less likely to go through, but that a mutual bid for the NYSE Euronext is still possible. The possibl...
United States (Feb 20th, 11)
NYSE Euronext (NYSE:NYX) CEO Looking to Derivatives for Revenue Growth
Chief Executive Officer of NYSE Euronext (NYSE:NYX), Duncan Niederauer, said he's looking towards derivatives as the major driver of revenue in the years ahead. Niederauer said he has felt for some time that the success of NYSE Euronext is depending on tradin...
Business (Mar 3rd, 10)