Swiss stock exchange operator SIX Group would consider bidding for its larger European competitor Euronext if the exchange were to come up for sale, SIX's chief executive said on Wednesday. "Should ICE put Euronext up for sale, we would certainly take a look," CEO Urs Rueegsegger said at the Swiss exchange's annual media conference in Zurich, adding Euronext's equity and derivatives business were particularly of interest.Euronext's clearing and settlement business and its financial information services could also be attractive for the Swiss firm, Rueegsegger said.Euronext is currently owned by IntercontinentalExchange which said last December it planned to float Euronext after it completes its $8.2 billion acquisition of NYSE Euronext in the second half of this year.Sources have told Reuters that ICE would consider selling Euronext as an alternative to floating it if offers were to emerge.
NYSE Euronext is a global operator of financial markets and provider of trading solutions. Shares of NYX fell by 0.68% or $-0.26/share to $38.17. In the past year, the shares have traded as low as $22.25 and as high as $38.53. On average, 2925860 shares of NYX exchange hands on a given day and today's volume is recorded at 492439.