The head of Deutsche Boerse AG (DB1Gn.DE), which is working on sealing its $9 billion takeover of NYSE Euronext (NYX.N), said exchange operators must go global to survive and cannot focus only on local markets. Reto Francioni, the German market's chief executive, predicted at a conference hosted by Baruch College that there will soon be a very limited number of global operators.
NYSE Euronext is a global operator of financial markets and provider of trading technologies. Shares of NYX traded higher by 1.0% or $0.22/share to $22.20. In the past year, the shares have traded as low as $21.97 and as high as $41.60. On average, 3945580 shares of NYX exchange hands on a given day and today's volume is recorded at 2187339.
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