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Monday, September 12, 2011

NYSE says it's unaware of D. Boerse antitrust deal, (NYSE: NYX)

NYSE Euronext (NYX.N) is not aware of a deal at the European Commission to allow its Deutsche Boerse AG (DB1Gn.DE) merger to go ahead while using new regulations to force the pair to open up their markets, a top executive of the exchange said on Monday. Reuters reported on Friday that the EC would not impose serious antitrust restrictions on the $9 billion takeover because, according to sources, its regulatory and antitrust arms had struck a deal. "We are aware of no such deal, and we are proceeding as before along the normal path," Lawrence Leibowitz said on Monday, noting the EC's director general for competition issued a statement in that regard over the weekend. "To our knowledge, and to DG Comp's public explanation, there's no explicit deal at this point," he said at a conference hosted by Barclays.

NYSE Euronext is a global operator of financial markets and provider of trading technologies. Shares of NYX fell by 3.78% or $-0.97/share to $24.70. In the past year, the shares have traded as low as $24.62 and as high as $41.60. On average, 4008680 shares of NYX exchange hands on a given day and today's volume is recorded at 1560821.



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