Inside these posts: NYSE Euronext

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U.S. bourses not rushing to merge, analysts say

U.S. exchanges may not rush to strike deals to compete with the combined Deutsche Boerse AG and NYSE Euronext, even as the sector is almost certain to consolidate further over the long term.

In particular, analysts cast doubt on a report that CME Group would try to buy NYSE Euronext — operator of the New York Stock Exchange — away from its German suitor, which this week offered to pay $10.2 billion for the icon of U.S. capitalism. Get the full story »

New York and German exchanges sign off on deal

The parent company of the New York Stock Exchange says it has agreed to combine with the operator of the Frankfurt stock exchange, Deutsche Boerse.

The deal announced Tuesday will create the world’s largest financial exchange owner. Deutsche Boerse shareholders will own 60 percent of the new company. Shareholders of NYSE Euronext Inc. will own the rest. Get the full story »

CME Group says it’s focusing on ‘organic growth’

CME Group's offices at 30 S. Wacker Drive in Chicago, Feb 14, 2011. (Nancy Stone/Chicago Tribune)

CME Group Inc. said it remains committed to “organic growth” in derivatives trade, following speculation that the Chicago company may launch a rival bid for NYSE Euronext.

CME, one of the world’s largest operators of futures and options markets, was reported Monday to be exploring a possible offer for the Big Board parent, which is in advanced merger talks with Germany’s Deutsche Börse AG, with Nasdaq OMX Group Inc. as a potential partner in such a deal.

NYSE Euronext owns the NYSE Liffe derivatives market, which is strong in Europe. Get the full story »

CME Group said to be interested in NYSE

Chicago-based CME Group is considering horning in on merger talks between the New York Stock Exchange owner and a stock exchange in Germany, according to reports.

CME, which employs about 2,000 in Chicago, is considering a strategic response to the impending takeover of the Big Board by Deutsche Boerse AG. Get the full story »

CBOE: All U.S. exchanges need to consider mergers

The U.S. exchanges left out of this week’s flurry of announced acquisitions now need to consider whether they, too, should strike a deal, a CBOE Holdings Inc. executive said on Friday. Get the full story »

CFO of CME Group still digesting merger news

CME Group Inc. is still digesting the news that Deutsche Boerse is in talks to buy NYSE Euronext, a top executive said, and it is unclear how difficult a deal it will be to complete. Get the full story »

NYSE clearinghouse rival to CME wins approval

New York Portfolio Clearing, a start-up clearinghouse co-owned by NYSE Euronext, won regulatory approval to clear derivatives, paving the way for competition with futures exchange giant CME Group Inc.

NYPC, jointly owned by the Big Board’s parent and the Depository Trust and Clearing Corp, will clear interest rate futures offered by NYSE Euronext’s U.S. futures exchange, NYSE Liffe, a statement from the U.S. Commodity Futures Trading Commission said. Get the full story »

Getco lands NYSE’s options head in hiring spree

Chicago-based Getco LLC hired the New York Stock Exchange parent company’s director of options, to spearhead its relationships with global exchanges, the big market maker and high-frequency trader said on Thursday. Get the full story »

CBOE parent to add electronic exchange

The parent of the Chicago Board Options Exchange is hooking up some of the biggest Wall Street banks and trading firms to a long-planned electronic exchange, set to launch in late October.

Goldman Sachs Group Inc., Bank of America Merrill Lynch and Interactive Brokers Group Inc. are among the dozen firms forging connections to the new market, according to persons involved in the process. Get the full story »

Trades that sent Boeing down 44% canceled

From Bloomberg News | Erroneous orders to trade Boeing Co. shares sent shares in the Chicago-based aerospace company down 44 percent to $38.77 this morning. NYSE Euronext and Nasdaq OMX Group Inc. canceled trades.