NYSE Group
Encyclopedia
NYSE Euronext, Inc. is a Euro
-American
for-profit corporation that operates multiple securities exchanges, most notably New York Stock Exchange
(NYSE), Euronext
and NYSE Arca
(formerly known as ArcaEx).
to acquire the London Stock Exchange
, NYSE Group bid €8 billion in cash and shares for Euronext
on May 22, 2006, outbidding a rival offer for the European Stock exchange operator from Germany
's Deutsche Börse
, the German stock market. Contrary to statements that it would not raise its bid, on May 23, 2006, Deutsche Börse
unveiled a merger bid for Euronext, valuing the pan-European exchange at US$11 billion (€8.6bn), €600 million over NYSE Group's initial bid. Despite this, NYSE Group and Euronext penned a merger agreement, subject to shareholder vote and regulatory approval. The initial regulatory response by the U.S. Securities and Exchange Commission chief Christopher Cox (who was coordinating heavily with European counterparts) was positive, with an expected approval by the end of 2007. The new firm, tentatively dubbed NYSE Euronext, would be headquartered in New York City
, with European operations and its trading platform run out of Paris. NYSE CEO
John Thain
, who would head NYSE Euronext, intends to use the combination to form the world's first global stock market, with continuous trading of stocks and derivatives over a 21-hour time span. In addition, the two exchanges hoped to add Borsa Italiana
(the Milan stock exchange) into the grouping. On June 23, 2007, the Borsa Italiana
was however sold to the London Stock Exchange
.
Deutsche Börse dropped out of the bidding for Euronext on November 15, 2006, removing the last major hurdle for the NYSE Euronext transaction. A run-up of NYSE Group's stock price in late 2006 made the offering far more attractive to Euronext's shareholders. On December 19, 2006, Euronext shareholders approved the transaction by a 98.2% margin. The remainder voted in favor of the Deutsche Börse offer. Jean-François Théodore, the Chief Executive Officer of Euronext, stated that they expected the transaction to close within three or four months. Some of the regulatory agencies with jurisdiction over the merger had already given approval. NYSE Group shareholders gave their approval on December 20, 2006. The NYSE consummated its US$11 billion takeover of Paris-based exchange operator Euronext NV at ceremonies in the U.S. and Europe on April 4, 2007.
NYSE Euronext operates & holds stake in: the New York Stock Exchange (NYSE), Euronext, NYSE Liffe, NYSE Arca, NYSE Arca Europe, NYSE Alternext, NYSE Amex, NYSE Liffe US, LLC (NYSE Liffe US), NYSE Technologies, Inc (NYSE Technologies), EasyNext, BlueNext
, Free Market (Marché Libre), SmartPool.and NYSE BondMatch.
reported that the Deutsche Börse
was in advanced talks to buy NYSE Euronext in a deal that would create the world's largest trading powerhouse. The shares of both companies were temporarily frozen on the news due to the risk of large price movements and clarifications of the deal. A successful deal would see the new company becoming the world's largest stock exchange operator with a market capitalisation of listed companies equal to US$15 trillion.It would make it to where Americans would own 40% of the new company and Germans own 60% and the main office would be located in New York City.
President and deputy CEO of NYSE Euronext Dominique Cerutti would become the new company's president and head of commercial and internal technology. Roland Bellegarde, also of NYSE Euronext, would become the head of European cash equities. The new company have €300 million (US$410 million) in cost savings. However, the merger is subject to review in both the United States and with the European Union (EU) for concerns it could create a “de facto monopoly
”.
Deutsche Börse had also considered an acquisition once in 2008 and again in 2009. MarketWatch
commentator David Weidner has called the forming of the Euro-American Stock Exchange “a blow to national pride” when the deal was announced.
On April 1, 2011 NASDAQ
and IntercontinentalExchange
made a competing hostile bid valued at $11.3 billion with a cash and stock offering of $42.50 per share. This represents a 19% premium over the Deutsche Börse offer and a 27% premium over NYSE's value before that offer was made in February.
The board of NYSE Euronext twice rejected the Nasdaq OMX-ICE proposal, saying the unsolicited deal would lead to too much debt and regulatory opposition. The bid was withdrawn in May. NYSE Euronext shareholders were scheduled to vote on Deutsche Börse
’s all-stock deal, which the board backs, on July 7, and Deutsche Börse shareholders would vote on the deal by July 13.
In October, 2011, CEO Niederauer said the company had received the EU's so-called statement of objections, which is more than 100 pages long, and would be responding within two weeks, possibly by asking for the opportunity for an oral hearing with the regulators. The EU examination of the proposal formally began June 29 has said its expanded probe has a Dec. 13 deadline. In March, Joaquin Almunia
, the EU's antitrust commissioner, expressed concern that the deal would maybe monopolize the derivatives market due to Deutsche Boerse's “vertical silo” which routes all trade clearing through its own services. Almunia said then he preferred a “more open business model” for markets.
is the commercial technology division of NYSE Euronext. NYSE Technologies was launched in January 2009, incorporating all the internal technology divisions of NYSE Euronext, NYSE Euronext’s Market Data division and a number of acquisitions including: The Securities Industry Automation Corporation
(SIAC) in November 2006, TransactTools in December 2006, Wombat Financial Software in January 2008, and Atos Euronext Market Solutions in August 2008. In August 2009, NYSE Euronext announced that it was acquiring NYFIX - subject to NYFIX shareholder and regulatory approvals.
(FINRA) announced that FINRA would assume responsibility for performing the market surveillance and enforcement functions originally conducted by NYSE Regulation. The agreement was subject to review by the Securities and Exchange Commission and completed by end of June, 2010.
Under the agreement announced, FINRA assumed regulatory functions for NYSE Euronext’s U.S. equities and options markets – the New York Stock Exchange, NYSE Arca and NYSE Amex. FINRA currently provides regulatory services to the NASDAQ Stock Market, NASDAQ Options Market, NASDAQ OMX Philadelphia, NASDAQ OMX Boston, The BATS Exchange and The International Securities Exchange.
NYSE Euronext, through its subsidiary NYSE Regulation, remains ultimately responsible for overseeing FINRA’s performance of regulatory services for the NYSE markets. The agreement involved approximately 225 staff, most of whom will be transferred to FINRA.
NYSE Euronext also owns 20% of the Doha Securities Market
.
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
-American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
for-profit corporation that operates multiple securities exchanges, most notably New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
(NYSE), Euronext
Euronext
Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...
and NYSE Arca
NYSE Arca
NYSE Arca, previously known as ArcaEx, an abbreviation of Archipelago Exchange, is a securities exchange on which both stocks and options are traded...
(formerly known as ArcaEx).
Overview
NYSE completed its acquisition of Archipelago Holdings via a "double dummy" merger on March 7, 2006 in a US$10 billion deal to create the NYSE Group. The NYSE Group became a for-profit corporation and began trading publicly on its own stock exchange on March 8, 2006 under the NYX ticker. Owners of the 1,366 NYSE seats received 80,177 shares of NYSE Group stock plus US$300,000 in cash and US$70,571 in dividends for each seat. NYSE Group merged with Euronext on April 4, 2007 to form the first global equities exchange. NYSE Regulation subsequently merged with NASD to form FINRA on July 26, 2007 and is therefore no longer managed by the exchange.Euronext and NYSE Group
Due to apparent moves by NASDAQNASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
to acquire the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
, NYSE Group bid €8 billion in cash and shares for Euronext
Euronext
Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...
on May 22, 2006, outbidding a rival offer for the European Stock exchange operator from Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
's Deutsche Börse
Deutsche Börse
Deutsche Börse AG is a marketplace organizer for the trading of shares and other securities. It also is a transaction services provider. It gives companies and investors access to global capital markets. It is a joint stock company and was founded in 1993. The headquarters are in Frankfurt,...
, the German stock market. Contrary to statements that it would not raise its bid, on May 23, 2006, Deutsche Börse
Deutsche Börse
Deutsche Börse AG is a marketplace organizer for the trading of shares and other securities. It also is a transaction services provider. It gives companies and investors access to global capital markets. It is a joint stock company and was founded in 1993. The headquarters are in Frankfurt,...
unveiled a merger bid for Euronext, valuing the pan-European exchange at US$11 billion (€8.6bn), €600 million over NYSE Group's initial bid. Despite this, NYSE Group and Euronext penned a merger agreement, subject to shareholder vote and regulatory approval. The initial regulatory response by the U.S. Securities and Exchange Commission chief Christopher Cox (who was coordinating heavily with European counterparts) was positive, with an expected approval by the end of 2007. The new firm, tentatively dubbed NYSE Euronext, would be headquartered in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, with European operations and its trading platform run out of Paris. NYSE CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
John Thain
John Thain
John Alexander Thain is an American businessman, investment banker, and currently chairman and CEO of the CIT Group.Thain was the last chairman and chief executive officer of Merrill Lynch before its merger with Bank of America...
, who would head NYSE Euronext, intends to use the combination to form the world's first global stock market, with continuous trading of stocks and derivatives over a 21-hour time span. In addition, the two exchanges hoped to add Borsa Italiana
Borsa Italiana
The Borsa Italiana S.p.A., based in Milan, is Italy's main stock exchange. It was privatised in 1997 and is a part of the London Stock Exchange Group plc since 2007. In 2005, the companies listed on the Borsa were worth US$890 billion...
(the Milan stock exchange) into the grouping. On June 23, 2007, the Borsa Italiana
Borsa Italiana
The Borsa Italiana S.p.A., based in Milan, is Italy's main stock exchange. It was privatised in 1997 and is a part of the London Stock Exchange Group plc since 2007. In 2005, the companies listed on the Borsa were worth US$890 billion...
was however sold to the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
.
Deutsche Börse dropped out of the bidding for Euronext on November 15, 2006, removing the last major hurdle for the NYSE Euronext transaction. A run-up of NYSE Group's stock price in late 2006 made the offering far more attractive to Euronext's shareholders. On December 19, 2006, Euronext shareholders approved the transaction by a 98.2% margin. The remainder voted in favor of the Deutsche Börse offer. Jean-François Théodore, the Chief Executive Officer of Euronext, stated that they expected the transaction to close within three or four months. Some of the regulatory agencies with jurisdiction over the merger had already given approval. NYSE Group shareholders gave their approval on December 20, 2006. The NYSE consummated its US$11 billion takeover of Paris-based exchange operator Euronext NV at ceremonies in the U.S. and Europe on April 4, 2007.
NYSE Euronext operates & holds stake in: the New York Stock Exchange (NYSE), Euronext, NYSE Liffe, NYSE Arca, NYSE Arca Europe, NYSE Alternext, NYSE Amex, NYSE Liffe US, LLC (NYSE Liffe US), NYSE Technologies, Inc (NYSE Technologies), EasyNext, BlueNext
BlueNext
BlueNext is a European environmental trading exchange, considered the largest CO2 permit spot market, with headquarters in Paris, France.- Overview :...
, Free Market (Marché Libre), SmartPool.and NYSE BondMatch.
NYSE Euronext and Deutsche Börse
On 9 February, 2011, BloombergBloomberg L.P.
Bloomberg L.P. is an American privately held financial software, media, and data company. Bloomberg makes up one third of the $16 billion global financial data market with estimated revenue of $6.9 billion. Bloomberg L.P...
reported that the Deutsche Börse
Deutsche Börse
Deutsche Börse AG is a marketplace organizer for the trading of shares and other securities. It also is a transaction services provider. It gives companies and investors access to global capital markets. It is a joint stock company and was founded in 1993. The headquarters are in Frankfurt,...
was in advanced talks to buy NYSE Euronext in a deal that would create the world's largest trading powerhouse. The shares of both companies were temporarily frozen on the news due to the risk of large price movements and clarifications of the deal. A successful deal would see the new company becoming the world's largest stock exchange operator with a market capitalisation of listed companies equal to US$15 trillion.It would make it to where Americans would own 40% of the new company and Germans own 60% and the main office would be located in New York City.
President and deputy CEO of NYSE Euronext Dominique Cerutti would become the new company's president and head of commercial and internal technology. Roland Bellegarde, also of NYSE Euronext, would become the head of European cash equities. The new company have €300 million (US$410 million) in cost savings. However, the merger is subject to review in both the United States and with the European Union (EU) for concerns it could create a “de facto monopoly
De facto monopoly
A de facto monopoly is a monopoly that was not created by government. It is most often used in contrast to de jure monopoly, which is one that is protected from competition by government action....
”.
Deutsche Börse had also considered an acquisition once in 2008 and again in 2009. MarketWatch
MarketWatch
MarketWatch operates a financial information website that provides business news, analysis and stock market data to some 6 million people. MarketWatch offers personal finance news and advice, tools for investors and access to industry research. Along with its flagship website, the company operates...
commentator David Weidner has called the forming of the Euro-American Stock Exchange “a blow to national pride” when the deal was announced.
On April 1, 2011 NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
and IntercontinentalExchange
IntercontinentalExchange
IntercontinentalExchange, Inc., known as ICE, is an American financial company that operates Internet-based marketplaces which trade futures and over-the-counter energy and commodity contracts as well as derivative financial products...
made a competing hostile bid valued at $11.3 billion with a cash and stock offering of $42.50 per share. This represents a 19% premium over the Deutsche Börse offer and a 27% premium over NYSE's value before that offer was made in February.
The board of NYSE Euronext twice rejected the Nasdaq OMX-ICE proposal, saying the unsolicited deal would lead to too much debt and regulatory opposition. The bid was withdrawn in May. NYSE Euronext shareholders were scheduled to vote on Deutsche Börse
Deutsche Börse
Deutsche Börse AG is a marketplace organizer for the trading of shares and other securities. It also is a transaction services provider. It gives companies and investors access to global capital markets. It is a joint stock company and was founded in 1993. The headquarters are in Frankfurt,...
’s all-stock deal, which the board backs, on July 7, and Deutsche Börse shareholders would vote on the deal by July 13.
In October, 2011, CEO Niederauer said the company had received the EU's so-called statement of objections, which is more than 100 pages long, and would be responding within two weeks, possibly by asking for the opportunity for an oral hearing with the regulators. The EU examination of the proposal formally began June 29 has said its expanded probe has a Dec. 13 deadline. In March, Joaquin Almunia
Joaquín Almunia
Joaquín Almunia Amann is a Spanish politician and prominent member of the European Commission, currently responsible for Competition under the second mandate of President Barroso. He was previously responsible for Economic and Monetary Affairs in Barroso's previous mandate...
, the EU's antitrust commissioner, expressed concern that the deal would maybe monopolize the derivatives market due to Deutsche Boerse's “vertical silo” which routes all trade clearing through its own services. Almunia said then he preferred a “more open business model” for markets.
Formation of NYSE Technologies
NYSE TechnologiesNYSE Technologies
NYSE Technologies is the commercial technology division of NYSE Euronext.NYSE Technologies provides comprehensive transaction, data and infrastructure services and managed solutions for buy-side, sell-side and exchange communities that require next-generation performance and expertise for mission...
is the commercial technology division of NYSE Euronext. NYSE Technologies was launched in January 2009, incorporating all the internal technology divisions of NYSE Euronext, NYSE Euronext’s Market Data division and a number of acquisitions including: The Securities Industry Automation Corporation
Securities Industry Automation Corporation
The Securities Industry Automation Corporation is a subsidiary of the NYSE Euronext. Its purpose is to provide technical services for the exchanges themselves, members and other financial institutions. In this role, SIAC provides the computers and other systems required to run the exchanges...
(SIAC) in November 2006, TransactTools in December 2006, Wombat Financial Software in January 2008, and Atos Euronext Market Solutions in August 2008. In August 2009, NYSE Euronext announced that it was acquiring NYFIX - subject to NYFIX shareholder and regulatory approvals.
NYSE Regulation and FINRA
On May 4, 2010, NYSE Euronext and the Financial Industry Regulatory AuthorityFinancial Industry Regulatory Authority
In the United States, the Financial Industry Regulatory Authority, Inc., or FINRA, is a private corporation that acts as a self-regulatory organization . FINRA is the successor to the National Association of Securities Dealers, Inc. ...
(FINRA) announced that FINRA would assume responsibility for performing the market surveillance and enforcement functions originally conducted by NYSE Regulation. The agreement was subject to review by the Securities and Exchange Commission and completed by end of June, 2010.
Under the agreement announced, FINRA assumed regulatory functions for NYSE Euronext’s U.S. equities and options markets – the New York Stock Exchange, NYSE Arca and NYSE Amex. FINRA currently provides regulatory services to the NASDAQ Stock Market, NASDAQ Options Market, NASDAQ OMX Philadelphia, NASDAQ OMX Boston, The BATS Exchange and The International Securities Exchange.
NYSE Euronext, through its subsidiary NYSE Regulation, remains ultimately responsible for overseeing FINRA’s performance of regulatory services for the NYSE markets. The agreement involved approximately 225 staff, most of whom will be transferred to FINRA.
Locations
Below is a list of major NYSE Euronext locations:- AmsterdamAmsterdamAmsterdam is the largest city and the capital of the Netherlands. The current position of Amsterdam as capital city of the Kingdom of the Netherlands is governed by the constitution of August 24, 1815 and its successors. Amsterdam has a population of 783,364 within city limits, an urban population...
, NetherlandsNetherlandsThe Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
— Euronext AmsterdamAmsterdam Stock ExchangeThe Amsterdam Stock Exchange is the former name for the stock exchange based in Amsterdam. It merged on 22 September 2000 with the Brussels Stock Exchange and the Paris Stock Exchange to form Euronext, and is now known as Euronext Amsterdam.-History:... - ParisParisParis is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
, FranceFranceThe French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
— Euronext ParisEuronext ParisEuronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the UK's London Stock Exchange... - LisbonLisbonLisbon is the capital city and largest city of Portugal with a population of 545,245 within its administrative limits on a land area of . The urban area of Lisbon extends beyond the administrative city limits with a population of 3 million on an area of , making it the 9th most populous urban...
, PortugalPortugalPortugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...
— Euronext LisbonEuronext LisbonEuronext Lisbon is a stock exchange in Lisbon, Portugal. It belongs to the NYSE Euronext group, the first global stock exchange.Euronext Lisbon trades equities, public and private bonds, participation bonds, warrants, corporate warrants, investment trust units, and exchange traded funds... - LondonLondonLondon is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, United KingdomUnited KingdomThe United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
— Euronext.liffe - ChicagoChicagoChicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
, IllinoisIllinoisIllinois is the fifth-most populous state of the United States of America, and is often noted for being a microcosm of the entire country. With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal,...
, United States of America — NYSE ArcaNYSE ArcaNYSE Arca, previously known as ArcaEx, an abbreviation of Archipelago Exchange, is a securities exchange on which both stocks and options are traded...
(formerly Archipelago) - New York CityNew York CityNew York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, New YorkNew YorkNew York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, United States of America — NYSENew York Stock ExchangeThe New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
, Headquarters - New York CityNew York CityNew York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, New YorkNew YorkNew York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, United States of America — AMEXAmerican Stock ExchangeNYSE Amex Equities, formerly known as the American Stock Exchange is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the...
(To be relocated to NYSE headquarters) - San Francisco, CaliforniaCaliforniaCalifornia is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
, United States of America — NYSE Arca (formerly Pacific ExchangePacific ExchangeThe Pacific Exchange was, until 2001, a regional stock exchange with a main exchange floor and building in San Francisco, California, USA and a branch in Los Angeles, California, USA. Its history began with the founding of the San Francisco Stock and Bond Exchange in 1882 and the Los Angeles Oil...
) - BelfastBelfastBelfast is the capital of and largest city in Northern Ireland. By population, it is the 14th biggest city in the United Kingdom and second biggest on the island of Ireland . It is the seat of the devolved government and legislative Northern Ireland Assembly...
, Northern IrelandNorthern IrelandNorthern Ireland is one of the four countries of the United Kingdom. Situated in the north-east of the island of Ireland, it shares a border with the Republic of Ireland to the south and west...
— part of NYSE Euronext Technologies (formerly Wombat Financial Software) - BrusselsBrusselsBrussels , officially the Brussels Region or Brussels-Capital Region , is the capital of Belgium and the de facto capital of the European Union...
, BelgiumBelgiumBelgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...
— Euronext Brussels
NYSE Euronext also owns 20% of the Doha Securities Market
Doha Securities Market
The Qatar Exchange is the principal stock market of Qatar. The market was founded in 1997 and is located in the capital city of Doha. Its name is abbreviated to DSM. NYSE Euronext owns 25% of DSM...
.
External links
- "NYSE stock soars 25 per cent after it goes public for first time in 214 years", CBC NewsCBC NewsCBC News is the department within the Canadian Broadcasting Corporation responsible for the news gathering and production of news programs on CBC television, radio and online services...
, 2006-03-08