NYSE Euronext and IntercontinentalExchange's stocks were up on news of a deal to merge. But what does the deal mean for small investors? Marketbeat's Steven Russolillo reports on Markets Hub. Photo: Reuters. Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM
Views: 1879 Wall Street Journal
IntercontinentalExchange Group, Inc. (NYSE: ICE) Chairman and CEO Jeffrey C. Sprecher, joined by members of the company's senior management team, will ring the NYSE Opening Bell on Monday, Nov. 18 to commemorate IntercontinentalExchange's recent acquisition of NYSE Euronext. About IntercontinentalExchange Group, Inc. IntercontinentalExchange Group, Inc. (NYSE: ICE) is the leading network of regulated exchanges and clearing houses for financial and commodity markets. ICE delivers transparent, reliable and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures, Liffe and Euronext.
Views: 790 New York Stock Exchange
Intercontinental Exchange (ICE) anuncia este jueves un acuerdo para comprar NYSE Euronext, que opera las bolsas de Nueva York y varias capitales europeas en una operación valorada en 8.200 millones de dólares. Suscríbete para las ultimas noticias de tu pais: https://www.youtube.com/user/canalNTN24?sub_confirmation=1
Views: 99 NTN24
NYSE Euronext employees will be ringing the Closing Bell to highlight the successful migration of NYSE, NYSE MKT and Nasdaq-listed symbols to the Universal Trading Platform (UTP).
Views: 860 New York Stock Exchange
-- NYSE Euronext (NYX) today unveiled a new brand identity that underscores the company's growing role in unlocking the potential of its global community. The new look was unveiled today across its exchanges and other locations around the world as well as online. "Our new branding evokes an organization with both a strong vision and rich heritage, positioned to pursue our growth strategy: empowering the world's capital market community to innovate and collaborate," said Marisa Ricciardi, Senior Vice President and Global Head of Marketing. "NYSE Euronext has transformed dramatically over the course of the last five years, and we sought to better represent our position today and direction for the future." The new icon -- an abstract representation of the globe -- conveys the dynamism of NYSE Euronext's markets, the connectedness of its community and the diversity of its people. Multiple color bars represent its broad array of products, geographies and cultures. The green and blue color palette reflects growth and optimism; the lighter hues convey the company's commitment to transparency, and the bolder colors recall its storied historical role in developing the world economy. NYSE Euronext has literally outgrown its previous icon -- two portals symbolizing the merger of NYSE Group and Euronext in 2007. Development of the new logo and look began some time ago and was put on hold during the NYSE Euronext-Deutsche Börse merger discussions. Now NYSE Euronext is moving on, enabling customers to reach across oceans and asset classes, a strategy most recently articulated at the company's Investor Day last month. "We have always connected companies, capital and ideas," Ricciardi added. "NYSE Euronext builds active connections across the largest, most diverse business community -- powering new trading platforms, creating new products and services, and connecting the world's most important capital markets to unlock potential throughout the world." The greens of the new look differentiate NYSE Euronext from the logos of other exchange groups as well as the banks and broker dealers that are both customers and competitors. It's also a fitting choice in that NYSE Euronext is the first and only global exchange group to be carbon neutral [link press release]. The new fonts -- Akko, DIN and Calibri -- have been selected to be more environmentally friendly, known for using little ink and paper. The new look also reflects the vibrant energy and global composition of NYSE Euronext's workforce. The company's employees have a strong record of community engagement, through volunteering time and resources to charitable organizations around the world as well as working the community strategy every day through the company's "ICE-T" values: Innovating with Purpose; Collaborating Productively; Engaging with Clients; and Thinking Broadly.
Views: 15208 New York Stock Exchange
Intercontinental Exchange, Inc. (ICE) is a US network of exchanges and clearing houses for financial and commodity markets. ICE owns and operates 23 regulated exchanges and marketplaces; ICE futures exchanges in the US, Canada and Europe, Liffe futures exchanges in the US and Europe, New York Stock Exchange, Euronext group of stock exchanges, Equity options exchanges, OTC energy, credit and equity markets. ICE also owns and operates 5 central clearing houses; ICE Clear Europe, ICE Clear U.S., ICE Clear Canada, ICE Clear Credit, and The Clearing Corporation. Headquartered in Atlanta, Georgia, ICE has offices in New York, London, Chicago, Houston, Winnipeg, Amsterdam, Calgary, Washington, D.C., San Francisco and Singapore. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 1539 Audiopedia
April 4 (Bloomberg) -- David Weild, senior advisor at Grant Thornton LLP, talks about the bid by Nasdaq OMX Group Inc. and IntercontinentalExchange Inc. for NYSE Euronext. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Views: 140 Bloomberg
Tuesday, January 29th marks the 20th anniversary for the inaugural launch of SPDR S&P 500 ETF Trust (NYSE Arca: SPY) on U.S. markets. In commemoration of this occasion, distinguished founders and guests of the exchange traded product (ETP) industry will visit the NYSE and ring the Opening Bell to honor the significant milestones, growth and maturation of the ETP industry. Since inception, NYSE Arca, the all-electronic trading platform of NYSE Euronext, continues to serve as the leading listing and trading venue for ETP products on U.S. markets - "Paving the Way for ETP Innovation." ETP founders and distinguished guests ringing the NYSE Opening Bell include: Jim Ross, State Street; Jay Baker, Yorkville; Hank Belusa, DTCC; David Blitzer, S&P; Steven Bloom, West Point; Mike Cavalier, NYSE; Kathy Cuocolo, BNY Mellon; Jim Duffy; Gary Eisenriech, Fairfield Advisors; Glenn Francis, BNY Mellon; Katten Muchin Rosenman; Kathleen Moriarty, LLP; and Cliff Weber, NYSE Liffe U.S. NYSE Euronext Paris market will also host an Opening Bell Ceremony with Olivier Paquier, Director of France, Spain and Portugal, SPDR ETF. Since the launch of SPY on the American Stock Exchange 20 years ago, listings and trading of ETPs in the U.S. has increased from one ETF with $0.5 billion assets under management to nearly 1,500 ETP products with $1.4 trillion in assets under management. ETPs currently represent nearly 30% of all U.S. equity trading. The continued growth in assets and trading volume reflects the growing demand by individual and institutional investors to invest and trade the product. To further commemorate the 20th anniversary, NYSE Euronext's ETP and Global Index Group will launch a new web site to go live here on January 29th with special educational materials highlighting ETPs past, present and future.
Views: 753 New York Stock Exchange
Support Our Channel : https://www.patreon.com/PeriscopeFilm Dating from 1957, "Behind the Ticker Tape" tells the story of the American Stock Exchange (now NYSE), showing how securities sales have evolved over the years, and giving a profile of the ASE at the height of its activity. NYSE MKT LLC, formerly known as the American Stock Exchange (AMEX), is an American stock exchange situated in New York City, New York. AMEX was previously 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 AMEX for $260 million in stock; on October 1, 2008, NYSE Euronext completed the acquisition. Before the closing of the acquisition, NYSE Euronext announced that the AMEX would be integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S. In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities. On May 10, 2012, NYSE Amex Equities changed its name to NYSE MKT LLC. These brokers often traded stocks that were speculative in nature. With the discovery of oil in the latter half of the 19th century, even oil stocks entered into the curb market. By 1865, following the American Civil War, stocks in small industrial companies, such as iron and steel, textiles and chemicals were first sold by curbstone brokers. Efforts to organize and standardize the market started early in the 20th century under Emanuel S. Mendels and Carl H. Pforzheimer.. In 1908, the New York Curb Market Agency was established, to codify trading practices. In 1911, the curbstone brokers came to be known as the New York Curb Market, which then had a formal constitution with brokerage and listing standards. After several years of outdoor trading, the curbstone brokers moved indoors in 1921 to New York Curb Exchange Building on Greenwich Street in Lower Manhattan. In 1929, the New York Curb Market changed its name to the New York Curb Exchange. Within no time, the Curb Exchange became the leading international stock market, listing more foreign issues than all other U.S. securities markets combined. In 1953 the Curb Exchange was renamed the American Stock Exchange. Paul Kolton was named as president of the exchange in 1971, making him the first person to be selected from within the exchange to serve as its leader, succeeding Ralph S. Saul, who announced his resignation in March 1971. In November 1972, Kolton was named as the exchange's first chief executive officer and its first salaried top executive. Kolton opposed the idea of a merger with the New York Stock Exchange while he headed the exchange saying that "two independent, viable exchanges are much more likely to be responsive to new pressures and public needs than a single institution". Kolton announced in July 1977 that he would be leaving his position at the American Exchange in November of that year. The American Stock Exchange merged with the New York Stock Exchange (NYSE Euronext) on October 1, 2008. Post merger, the Amex equities business was branded "NYSE Alternext US". As part of the re-branding exercise, NYSE Alternext US was re-branded as NYSE Amex Equities. On December 1, 2008, the Curb Exchange building at 86 Trinity Place was closed, and the Amex Equities trading floor was moved to the NYSE Trading floor at 11 Wall Street. We encourage viewers to add comments and, especially, to provide additional information about our videos by adding a comment! See something interesting? Tell people what it is and what they can see by writing something for example like: "01:00:12:00 -- President Roosevelt is seen meeting with Winston Churchill at the Quebec Conference." This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD and 2k. For more information visit http://www.PeriscopeFilm.com
Views: 15085 PeriscopeFilm
NYSE Euronext 2011 CEO Report. Berkshire Hathaway Chairman and CEO Warren Buffett, Business Wire Chairman and CEO Cathy Baron Tamraz, and Alexandre Douzet, Co-Founder and President of TheLadders.com on job creation, entrepreneurship and next-generation CEOs.
Views: 807 New York Stock Exchange
Bernardo Mariano, Partner at ERDesk gives his presentation on 'What affect will ICE's NYSE Euronext purchase have on the exchange and trading landscape?' at the World Exchange Congress 2013. Strategy and Innovation for fund managers, traders, brokers, exchanges and investors- presentations and video content from our events. World Exchange Congress is the premier business event in the world for senior exchange and trading venue executives and their partners. The event includes an exhibition showcase floor with on-floor seminars, one-to-one partnering sessions, dedicated round table sessions, workshops and seminar theatres and fun cocktail parties. Check out this video to see what the event was like in 2013 and I hope you can join us at the World Exchange Congress in March 2014 in Doha! Visit our website for more information on the World Exchange Congress: http://www.terrapinn.com/conference/worldexchangecongress/index.stm Read our blog: http://blogs.terrapinn.com/total-trading Follow us on twitter:http://twitter.com/total_trading Join our Linkedin group: http://www.linkedin.com/groups/Total-Trading-3850635
Views: 488 Total Trading
NYSE Euronext is one of the world's largest exchange groups, boasting trades totaling more than a third of the global cash equities volume. It operates such esteemed exchanges as the New York Stock Exchange (NYSE), one of the oldest and largest markets in the world; Euronext, the first cross-border exchange with markets in Paris, Brussels, Amsterdam, and Lisbon; NYSE Liffe, a leading international derivatives markets with daily trading values exceeding $2.7 trillion; and NYSE Amex, formerly the American Stock Exchange. In 2007 NYSE acquired Euronext and its derivatives and futures markets (including Liffe) for some $10 billion to create the first trans-Atlantic exchange. The following year it bought rival AMEX
Views: 468 TradeTheTrend
On February 15, 2011 NYSE and Deutsche Börse announced their merger to form a new company, as yet unnamed, wherein Deutsche Börse shareholders will have 60% ownership of the new entity, and NYSE Euronext shareholders will have 40%. On February 1, 2012, the European Commission blocked the merger of NYSE with Deutsche Börse, after commissioner Joaquin Almunia stated that the merger "would have led to a near-monopoly in European financial derivatives worldwide". Instead, Deutsche Börse and NYSE will have to sell either their Eurex derivatives or LIFFE shares in order to not create a monopoly. On February 2, 2012, NYSE Euronext and Deutsche Börse agreed to scrap the merger. In April 2011, Intercontinental Exchange (ICE), an American futures exchange, and NASDAQ OMX Group had together made an unsolicited proposal to buy NYSE Euronext for approximately US$11 billion, a deal in which NASDAQ would have taken control of the stock exchanges. NYSE Euronext rejected this offer twice, but it was finally terminated after the United States Department of Justice indicated their intention to block the deal due to antitrust concerns. In December 2012, it was announced that ICE had proposed to buy NYSE Euronext in a stock swap with a valuation of $8 billion. NYSE Euronext shareholders would receive either $33.12 in cash, or $11.27 in cash and approximately a sixth of a share of ICE. The Chairman and CEO of ICE, Jeffrey Sprecher, will retain those positions, but four members of the NYSE Board of Directors will be added to the ICE board. Many of the people who ring the bell are business executives whose companies trade on the exchange. However, there have also been many famous people from outside the world of business that have rung the bell. Athletes such as Joe DiMaggio of the New York Yankees and Olympic swimming champion Michael Phelps, entertainers such as rapper Snoop Dogg and members of the band Kiss, and politicians such as Mayor of New York City Rudy Giuliani and President of South Africa Nelson Mandela have all had the honor of ringing the bell. Two United Nations Secretaries General have also rung the bell. On April 27, 2006, Secretary-General Kofi Annan rang the opening bell to launch the United Nations Principles for Responsible Investment. On July 24, 2013, Secretary-General Ban Ki-moon rang the closing bell to celebrate the NYSE joining the United Nations Sustainable Stock Exchanges initiative. In addition there have been many bell-ringers who are famous for heroic deeds, such as members of the New York police and fire departments following the events of 9/11, members of the United States Armed Forces serving overseas, and participants in various charitable organizations. There have also been several fictional characters that have rung the bell, including Mickey Mouse, the Pink Panther, Mr. Potato Head, the Aflac Duck, and Darth Vader. The New York Stock Exchange (NYSE), sometimes known as the "Big Board", is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York, United States. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$19.69 trillion as of May 2015. The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building and the 11 Wall Street building were designated National Historic Landmarks in 1978. The NYSE is owned by Intercontinental Exchange, an American holding company it also lists (NYSE: ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with the fully electronic stock exchange Euronext. NYSE and Euronext now operate as divisions of Intercontinental Exchange. The NYSE has been the subject of several lawsuits regarding fraud or breach of duty and in 2004 was sued by its former CEO for breach of contract and defamation. https://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 654 Way Back
Steve Rubinow, CIO of NYSE Euronext, talks about why the NYSE chooses Red Hat solutions for flexibility and reliable, fast-paced performance. "We need to be very flexible. We need to have the latest-and-greatest... and today, and for some time now, Linux as an operating system has been the most prevalent and fastest growing operating system." -- Steve Rubinow See more Red Hat customer videos: http://www.redhat.com/videos/customers/
Views: 1938 Red Hat Videos
NYSE Euronext Advertising Campaign
Views: 4479 New York Stock Exchange
The IntercontinentalExchange announced in December that it's agreed to acquire NYSE Euronext in a deal that would create one of the largest global exchange groups. IntercontinentalExchange (NYSE: ICE) and NYSE Euronext (NYSE: NYX) said Tuesday that the expiration of the waiting period in connection with the proposed acquisition ended on Friday, February 15 2012, which satisfies one of the regulatory requirements for completion of the merger. The transaction remains subject to additional regulatory requirements with the U.S. Securities and Exchange Commission, including competition approvals in Europe. Merging NYSE Euronext with the second-largest futures market emphasizes the diminishing influence of the 220-year-old New York Stock Exchange as it's seen its share of trading in stocks listed on the exchange decline to 21 percent from 82 percent in the mid 1980's. But what will happen to the future of the historic trading floor?
Views: 431 IBTimesTV
Monthly regulatory update from Mark MacGann, SVP Head of European Government Affairs and Public Advocacy. This update includes the contrasting positions around the issue of the Organised Trade Facility, debate round open access to clearing, and proposed amendments within High Frequency Trading.
Views: 545 New York Stock Exchange
http://ru.euronews.com/ Американская IntercontinentalExchange (ICE) покупает своего конкурента NYSE Euronext за 6,1 млрд. в пересчете на евро. Треть сделки оплачивается деньгами, остальное акциями с премией в 37%. Когда слияние в конце будущего года завершится, оператору Нью-Йоркской фондовой биржи и Euronext будет принадлежать 36% объединенной компании. ICE специализируется на торговле производными инструментами и сырьем и она больше, чем покупаемый ею биржевой оператор. Но вместе они займут третье место среди торговых площадок мира по размеру капитализации (11,3 млрд. евро), уступив фондовой бирже Гонконга (14,7 млрд. евро) и Чикагской товарной бирже (13,2 млрд. евро). На фоне экономического спада активность на финансовых рынках, особенно в США, снижается, выручка операторов тоже, что и заставляет биржи консолидироваться. В прошлом году ICE в партнерстве с Nasdaq уже пыталась купить Нью-Йорскую фондовую биржу, но неудачно. NYSE Euronext делала попытки слиться с немецким Deutsche Boerse, но регулятор не позволил. Ñ�Ð¾Ñ†Ð¸Ð°Ð»ÑŒÐ½Ñ‹Ðµ Ñ�ÐµÑ‚Ð¸ : YouTube: http://bit.ly/zqVL10 Facebook: http://www.facebook.com/euronewsru Twitter: http://twitter.com/euronewsru
Views: 278 euronews (на русском)
The New York Stock Exchange (NYSE) is a stock exchange located at 11 Wall Street in lower Manhattan, New York City, USA. It is the world's largest stock exchange by market capitalization of its listed companies at US$13.39 trillion as of Dec 2010. Average daily trading value was approximately US$153 billion in 2008. The NYSE is operated by NYSE Euronext, which was formed by the NYSE's 2007 merger with the fully electronic stock exchange Euronext. The NYSE trading floor is located at 11 Wall Street and is composed of four rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building, located at 18 Broad Street, between the corners of Wall Street and Exchange Place, was designated a National Historic Landmark in 1978, as was the 11 Wall Street building.
Views: 2220 AddisonMichael
Opening Amsterdam Exchange of NYSE Euronext for National Compliment Day
Views: 146 New York Stock Exchange
Deutsche Börse AG (German pronunciation: [ˈdɔʏtʃə ˈbœʁzə]) or the Deutsche Börse Group, is a marketplace organizer for the trading of shares and other securities. It is also 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. As of December 2010, the over 765 companies listed had a combined market capitalization of EUR 1.4 trillion. On 1 October 2014, Deutsche Börse AG became the 14th announced member of the United Nations Sustainable Stock Exchanges initiative. Since 2007 Deutsche Börse operates the joint venture Scoach with SIX Swiss Exchange to provide a European derivative trading platform. In 2001, Deutsche Börse tried to merge with the London Stock Exchange, followed by a takeover bid in late 2004, both rejected by LSE. After CEO Werner Seifert was forced to resign by the main shareholders in 2005, Deutsche Börse changed plans and entered into advanced negotiations for a merger with Euronext which would have brought two of the biggest stock exchanges in Europe into one holding. The New York Stock Exchange beat out Deutsche Börse's final bid for Euronext in 2006. On 7 December 2008, Deutsche Börse rebuffed rumors that it might join with NYSE Euronext (the company formed as a result of the merger of NYSE and Euronext) to create the world's leading stock exchange. While the company claims that it pursued the matter, on 8 December 2008, it reported that talks which began on 25 November 2008, were closed without any result due to differences in valuation of the company. Deutsche Börse had also considered the acquisition again in 2009. On 9 February 2011, reports suggested that NYSE Euronext and Deutsche Börse were in advanced talks about an all-stock merger. 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, US$13.39 trillion of which is part of the much larger NYSE Euronext, which is approximately six times the size of Deutsche Börse. 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 would potentially have 300 million euros (US$410 million) in cost savings. However, the merger would be subject to review in both the United States and European Union under concerns it could create a "de facto monopoly". NYSE Euronext shareholders approved the Deutsche Börse’s all-stock deal on 7 July 2011, and Deutsche Börse shareholders had accepted the deal by 15 July 2011. On 22 December 2011, Deutsche Boerse won U.S. antitrust approval to buy NYSE Euronext, on the condition that a Deutsche Börse subsidiary, the International Securities Exchange, divest its 31.5% interest in Direct Edge. NYSE Euronext and Deutsche Boerse AG delayed the deadline for completing their merger until 31 March 2012, as the exchange operators try to persuade European regulators to approve the deal. The European Commission blocked the merger on 1 February 2012, citing the fact that the merged company would have a near monopoly. This measure taken by the EC is the fourth blocking in over a decade. The commission rejected the merger on antitrust grounds, saying the combined businesses would dominate Europe's on-exchange derivatives trading with an estimated 93% market share. "This is a black day for Europe and its global competitiveness on financial markets", said Deutsche Börse chief executive Reto Francioni. NYSE Euronext chairman Jan-Michiel Hessels said: "While we are disappointed and strongly disagree with the EU decision, which is based on a fundamentally different understanding of the derivatives market, it is now time to move on". http://en.wikipedia.org/wiki/Deutsche_B%C3%B6rse
Views: 2364 Way Back
NYSE Euronext CFO, general counsel to leave after ICE merger (Reuters) - NYSE Euronext said Chief Financial Officer Michael Geltzeiler and General Counsel John Halvey will leave the company shortly after its sale to IntercontinentalExchange Inc . http://feeds.reuters.com/~r/reuters/businessNews/~3/MccvMCL4F8I/story01.htm http://www.wochit.com
Views: 81 Wochit Business
IntercontinentalExchange provides an online marketplace for global commodity trading, primarily of electricity, natural gas, crude oil, refined petroleum products, precious metals, and weather and emission credits. It manages two global OTC markets and three regulated futures exchanges. The company owns the ICE Futures Europe, a leading European energy futures and options platform. ICE Data provides real-time, daily, and historical market data reports. ICE is based in Atlanta and has regional offices in Calgary, Chicago, Houston, London, New York, Singapore, and Winnipeg
Views: 1801 TradeTheTrend
http://www.euronews.com/ A big shake-up in the markets world with the planned sale of NYSE Euronext to IntercontinentalExchange. The deal means the 200-year-old New York Stock Exchange would be taken over by a company set up just 12 years ago. It is an indication of the pressures on that iconic symbol of US capitalism from new technology. ICE - as it is known - lets investors use the internet to trade futures contracts for energy and commodities as well as financial products called derivatives. An ICE-NYSE Euronext tie-up leap-frogs Deutsche Boerse to become the world's third-largest exchange group with a combined market value of close to 11.5 billion euros, behind CME Group, ICE's largest US-based rival. The 6.2 billion euro deal now has to be approved by competition regulators, in the US and Europe. If it goes through ICE - which is based in Atlanta, Georgia - has indicated it would spin off the Euronext side of the business, which includes the Paris, Amsterdam, Brussels and Lisbon stock exchanges. *Strategic* "The Board of NYSE Euronext carefully considered a range of strategic alternatives and concluded that ICE is the ideal partner for NYSE Euronext in an evolving market landscape," said Jan-Michiel Hessels, chairman of NYSE Euronext. Analysts said the deal will give ICE a strategic boost with control of Liffe, Europe's second-largest derivatives market, helping it compete against U.S.-based CME Group Inc, owner of the Chicago Board of Trade. "ICE is after Liffe, that is the crown jewel of NYSE Euronext," said Peter Lenardos, analyst at RBC Capital Markets. NYSE bought Euronext, including Liffe, for eight billion euros in 2007. "Strategically it makes sense for ICE to enter the European derivatives space in a meaningful way," Lenardos added. ICE Chairman and CEO Jeff Sprecher, who will hold the same roles of the combined group, said the deal had been "well received" by regulators after he and NYSE CEO Duncan Niederaur completed a "whirlwind tour" in the United States and Europe ahead of Thursday's announcement. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
Views: 542 euronews (in English)
In the early 2000s, Intercontinental Exchange Chairman and CEO Jeff Sprecher introduced electrification and transparency to the trading of energy commodities. In quick succession, he took on the futures, credit, and equities markets, building ICE from a little known exchange that he paid a dollar for to a global Fortune 500 Company. He joins the podcast to talk about how he did it, and the future of data as the life blood of trading. Inside the ICE House: https://www.theice.com/podcast/inside-the-ice-house
Views: 2122 New York Stock Exchange
April 1 (Bloomberg) -- Nasdaq OMX Group Inc. and IntercontinentalExchange Inc. offered to buy NYSE Euronext for about $11.3 billion as the companies teamed up in an attempt to snatch the New York Stock Exchange from Deutsche Boerse AG. The companies offered $42.50 in cash and stock for each NYSE Euronext share, according to a statement released today. Bloomberg's Erik Schatzker and Scarlet Fu report. (Source: Bloomberg)
Views: 316 Bloomberg
The New York Stock Exchange (NYSE), sometimes known as the "Big Board", is a stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York, United States. More on the NYSE: https://www.amazon.com/gp/search?ie=UTF8&tag=tra0c7-20&linkCode=ur2&linkId=7dfab24c59ae2892ac3f17c1a4ede1f5&camp=1789&creative=9325&index=books&keywords=nyse It is by far the world's largest stock exchange by market capitalization of its listed companies at US$16.613 trillion as of May 2013. Average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of four rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building, located at 18 Broad Street, between the corners of Wall Street and Exchange Place, was designated a National Historic Landmark in 1978, as was the 11 Wall Street building. The NYSE is operated by NYSE Euronext (NYSE: NYX), which was formed by the NYSE's 2007 merger with the fully electronic stock exchange Euronext. In December 2012, it was announced that the company would be sold to Intercontinental Exchange (ICE), a futures exchange headquartered in Atlanta, Georgia, United States, for $8 billion, a figure that is significantly less than the $11 billion bid for the company tendered in 2011. The origin of the NYSE can be traced to May 17, 1792, when the Buttonwood Agreement was signed by 24 stockbrokers outside of 68 Wall Street in New York under a buttonwood tree on Wall Street. On March 8, 1817, the organization drafted a constitution and renamed itself the "New York Stock & Exchange Board". Anthony Stockholm was elected the Exchange's first president. The last central location of the Exchange was a room, rented in 1792 for $200 a month, located at 40 Wall Street. After that location was destroyed in the Great Fire of New York in 1835, the Exchange moved to a temporary headquarters. In 1863, the New York Stock & Exchange Board changed to its current name, the New York Stock Exchange. In 1865, the Exchange moved to 10--12 Broad Street. The New York Stock Exchange was closed for ten days starting September 20, 1873, because of the Panic of 1873. The volume of stocks traded increased sixfold in the years between 1896 and 1901, and a larger space was required to conduct business in the expanding marketplace. Eight New York City architects were invited to participate in a design competition for a new building; ultimately, the Exchange selected the neoclassic design submitted by architect George B. Post. Demolition of the Exchange building at 10 Broad Street, and adjacent buildings, started on May 10, 1901. The main façade featuring six tall columns with Corinthian capitals The new building, located at 18 Broad Street, cost $4 million and opened on April 22, 1903. The trading floor, at 109 × 140 feet (33 × 42.5 m), was one of the largest volumes of space in the city at the time, and had a skylight set into a 72-foot (22 m)-high ceiling. The main façade of the building features six tall columns with Corinthian capitals, topped by a marble pediment containing high-relief sculptures by John Quincy Adams Ward with the collaboration of Paul Wayland Bartlett, carved by the Piccirilli Brothers, representing Integrity Protecting the Works of Man. The building was listed as a National Historic Landmark and added to the National Register of Historic Places on June 2, 1978. In 1922, a building for offices, designed by Trowbridge & Livingston, was added at 11 Wall Street, as well as a new trading floor called the Garage. Additional trading floor space was added in 1969 the Blue Room, and in 1988 the EBR or Extended Blue Room, with the latest technology for information display and communication. Yet another trading floor was opened at 30 Broad Street called the Bond Room in 2000. As the NYSE introduced its hybrid market, a greater proportion of trading came to be executed electronically, and due to the resulting reduction in demand for trading floor space, the NYSE decided to close the 30 Broad Street trading room in early 2006. As the adoption of electronic trading continued to reduce the number of traders and employees on the floor, in late 2007, the NYSE closed the rooms created by the 1969 and 1988 expansions. http://en.wikipedia.org/wiki/NYSE Image By Kowloonese (08:27, 30 May 2004) (Own work) [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0/)], via Wikimedia Commons
Views: 19330 The Film Archives
The parent company of the New York Stock Exchange, NYSE Euronext (NYX) said Sunday that it rejected an $11.3 billion bid from Nasdaq (NDAQ) and IntercontinentalExchange (ICE) to buy the company. NYSE Euronext said that its board decided to turn down the offer, which was submitted earlier this month, because it was "highly conditional" and would have caused unnecessary risk for shareholders. The company said it is sticking with its plan to combine with German exchange operator Deutsche Boerse AG. NYSE agreed to that $10 billion deal in February. The rejection of the Nasdaq/ICE bid was expected, according to Dow Jones Newswires. Analysts have said that a deal between the companies would have led to more job losses. They also worried that a combination would raise antitrust concerns in Washington if Nasdaq and NYSE created one big U.S. stock market exchange.
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http://fr.euronews.com/ La consolidation des marchés boursiers se poursuit : l'américain ICE : Intercontinental Exchange va racheter pour 6,2 millairds d'euros Nyse-Euronext qui regroupe les gestionnaires de la bourse de New York, de Paris, d'Amsterdam, de Bruxelles et de Lisbonne et le marché Liffe des produits dérivés qui se trouve à Londres. C'est surtout la bourse de New York et le marché Liffe qui intéresse ICE qui n'a pas l'intention de conserver les places boursières d'Euronext qu'il veut mettre en bourse. Cette opération permettra au nouveau groupe de monter sur le podium des trois plus importantes capitalisations boursières mondiales avec une valeur boursière de 11,3 milliards d'euros. ICE est un opérateur boursier spécialisé dans la cotation des matières premières, essentiellement énergétiques, ainsi que dans les produits dérivés : ce sont des instruments financiers qui offrent la possibilité de se prémunir contre la volatilité des cours. ICE avait déjà fait une tentative de rachat qui avait échoué en compagnie du Nasdaq, sur NYSE Euronext en 2011. Retrouvez nous sur : Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronewsfr
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On 15 January 2013, Neelie Verlinden, Head Derivatives Public Distribution France, Belgium and the Netherlands of Commerzbank AG, opened the European stock markets with a Bell Ceremony at NYSE Euronext Brussels to celebrate the Extension of the Trading Hours for warrants and certificates on the Brussels markets. The new trading hours are from 8h00 to 18h30.
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Watch the NYSE board live. Subscribe to The Washington Post on YouTube: http://bit.ly/2qiJ4dy Follow us: Twitter: https://twitter.com/washingtonpost Instagram: https://www.instagram.com/washingtonpost/ Facebook: https://www.facebook.com/washingtonpost/
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In 1972, NASDAQ stood for National Association of Securities Dealers Automated Quotations. NASDAQ was founded in 1971 by the National Association of Securities Dealers (NASD), which divested itself of NASDAQ in a series of sales in 2000 and 2001. NASDAQ is owned and operated by the The NASDAQ OMX Group, the stocks of which were listed on its own stock exchange beginning July 2, 2002, under the ticker symbol NDAQ. When the NASDAQ began trading on February 8, 1971, it was the world's first electronic stock market. At first, it was merely a quotation system and did not provide a way to perform electronic trades. The NASDAQ helped lower the spread (the difference between the bid price and the ask price of the stock) but was unpopular among brokerages which made much of their money on the spread. NASDAQ eventually assumed the majority of major trades formerly executed by the over-the-counter (OTC) system of trading, although there are still numerous securities traded in this fashion. As late as 1987, the NASDAQ exchange was still commonly referred to as "OTC" in media and also in the monthly Stock Guides issued by Standard & Poor's Corporation. Over the years, NASDAQ became more of a stock market by adding trade and volume reporting and automated trading systems. NASDAQ was also the first stock market in the United States to start trading online, highlighting NASDAQ-traded companies (usually in technology) and closing with the declaration that NASDAQ is "the stock market for the next hundred years." Its main index is the NASDAQ Composite, which has been published since its inception. However, its exchange-traded fund tracks the large-cap NASDAQ-100 index, which was introduced in 1985 alongside the NASDAQ 100 Financial Index. Until 1987, most trading occurred via the telephone. During the October 1987 stock market crash, however, market makers often did not answer their phones. To remedy this, the Small Order Execution System (SOES) was established. SOES provides an electronic method for dealers to enter their trades. NASDAQ requires market makers to honor trades executed using SOES. In 1992, NASDAQ joined with the London Stock Exchange to form the first intercontinental linkage of securities markets. The National Association of Securities Dealers spun off NASDAQ in 2000 to form a publicly traded company, the NASDAQ Stock Market, Inc. In 2006, the status of NASDAQ was changed from a stock market to a licensed national securities exchange. To qualify for listing on the exchange, a company must be registered with the United States Securities and Exchange Commission (SEC), must have at least three market makers (financial firms that act as brokers or dealers for specific securities) and must meet minimum requirements for assets, capital, public shares, and shareholders. In February 2011, in the wake of an announced merger of NYSE Euronext with Deutsche Börse, speculation developed that NASDAQ OMX and Intercontinental Exchange (ICE) could mount a counter-bid of their own for NYSE. NASDAQ OMX could be looking to acquire the American exchange's cash equities business, ICE the derivatives business. As of the time of the speculation, "NYSE Euronext’s market value was $9.75 billion. Nasdaq was valued at $5.78 billion, while ICE was valued at $9.45 billion." Late in the month, Nasdaq was reported to be considering asking either ICE or the Chicago Merc to join in what would probably have to be, if it proceeded, an $11–12 billion counterbid. The European Association of Securities Dealers Automatic Quotation System (EASDAQ) was founded originally as a European equivalent to NASDAQ. It was purchased by NASDAQ in 2001 and became NASDAQ Europe. Operations were shut down, however, as a result of the burst of the dot-com bubble. In 2007, NASDAQ Europe was revived as Equiduct, and is currently operating under Börse Berlin. On June 18, 2012, NASDAQ became a founding member of the United Nations Sustainable Stock Exchanges initiative on the eve of the United Nations Conference on Sustainable Development (Rio+20). In 2013, NASDAQ OMX was approached by private equity firm Carlyle Group about taking the exchange operator private, but the talks fell apart over a disagreement on price. https://en.wikipedia.org/wiki/NASDAQ
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How the New York Stock Exchange Works
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http://it.euronews.com/ Intercontinental Exchange ha acquistato Nyse Euronext, il gestore di Wall Street, la Borsa di New York, per 8,2 miliardi di dollari, tra contanti e titoli: gli azionisti del Nyse avranno il 36% delle azioni della società. Dall'operazione Ice-Nyse Euronext nasce così il primo operatore mondiale nel campo della finanza e Ice, leader nelle transazioni sulle materie prime e il petrolio, si aggiudica la gestione dei mercati azionari di Parigi, Bruxelles, Amsterdam e Lisbona e il mercato europeo dei derivati Liffe. L'operazione, approvata dai consigli di amministrazione delle due società, dovrebbe chiudersi nella seconda parte del 2013 ed è soggetta all'approvazione delle autorità di regolamentazione in Europa e negli Stati Uniti e all' approvazione degli azionisti delle due società. Il via libera all'operazione mette quindi fine a quasi due secoli di indipendenza del 'Big Board', uno dei simboli del capitalismo americano. Si seguono: Su Youtube http://bit.ly/wV2enX Su Facebook : http://www.facebook.com/euronews.fans Twitter: http://twitter.com/euronewsit
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The Nasdaq OMX Group (NASDAQ:NDAQ) and the IntercontinentalExchange (NYSE:ICE) announced today a joint proposal to acquire NYSE Euronext (NYSE:NYX) for $42.50 per share in cash and stock, or approximately $11.3 billion, based on the closing prices of the respective stocks as of March 31, 2011. The proposal represents a 19% premium over the buyout offer from Deustsche Boerse, based on the German exchanges closing share price as of March 31, 2011, according to Nasdaq OMX and ICE. Under the terms of the deal, NYSE Euronext stockholders would receive $14.24 per share in cash, plus 0.4069 shares of Nasdaq OMX stock and 0.1436 shares of ICE stock for each NYSE Euronext share they own. As part of the proposal, ICE would purchase NYSE Euronext's derivates business, with Nasdaq OMX retaining the rest of NYX's businesses, including its stock exchanges in New York, Paris, Brussels, Amsterdam, and Lisbon, as well as its U.S. options business. The combined NYSE Euronext/Nasdaq would merge the two largest stock exchanges in the world by total market capitalization of companies listed and total value of trade on the exchange. The exchange would have a total market capitalization of companies listed of over $20 trillion, have a geographic footprint in 16 countries and be headquartered in New York City. Robert Greifeld, CEO of NASDAQ OMX, said: "Our industry is undergoing a period of historic change. During the last five years more than 90 percent of the top 100 global listings chose not to list in the U.S., depriving U.S. investors of the opportunity to easily invest and trade in these companies. The combination of the two leading U.S. exchanges delivers an opportunity to build a global exchange platform that has the scale and growth potential to benefit investors, issuers and other market participants. We believe it would increase transparency and liquidity in U.S. markets and create jobs as new companies raise capital. For Europe, it strengthens the equity markets by creating a new, truly pan-European equity-trading platform and solidifies Paris and London as premier financial hubs. Given that our proposal is clearly a superior proposal, we hope that NYSE Euronext's Board will recognize this opportunity as well as the benefits for NYSE Euronext's employees and customers."
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