NYX » Topics » EXPLANATORY NOTE

These excerpts taken from the NYX 10-K filed Mar 25, 2008.

EXPLANATORY NOTE

On April 4, 2007, NYSE Group and Euronext combined their businesses and NYSE Euronext became the parent holding company of both NYSE Group and Euronext (herein referred to as the “combination”). Under the purchase method of accounting, NYSE Group was treated as the accounting and legal acquirer in the combination. As a result, NYSE Group is the predecessor reporting entity of NYSE Euronext and the results of operations of Euronext are only included in NYSE Euronext’s consolidated results of operations from April 4, 2007.

In addition, on March 7, 2006, Archipelago Holdings, Inc. and the New York Stock Exchange, Inc. combined their businesses and became wholly owned subsidiaries of NYSE Group. As a result, the results of operations of Archipelago Holdings, Inc. have been included in the historical results of operations of NYSE Group since March 8, 2006.

 

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EXPLANATORY NOTE

FACE="Times New Roman" SIZE="2">On April 4, 2007, NYSE Group and Euronext combined their businesses and NYSE Euronext became the parent holding company of both NYSE Group and Euronext (herein referred to as the “combination”). Under
the purchase method of accounting, NYSE Group was treated as the accounting and legal acquirer in the combination. As a result, NYSE Group is the predecessor reporting entity of NYSE Euronext and the results of operations of Euronext are only
included in NYSE Euronext’s consolidated results of operations from April 4, 2007.

In addition, on March 7, 2006,
Archipelago Holdings, Inc. and the New York Stock Exchange, Inc. combined their businesses and became wholly owned subsidiaries of NYSE Group. As a result, the results of operations of Archipelago Holdings, Inc. have been included in the historical
results of operations of NYSE Group since March 8, 2006.

 


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This excerpt taken from the NYX 10-Q filed Nov 13, 2007.

EXPLANATORY NOTE

On April 4, 2007, NYSE Group, Inc. (“NYSE Group”) and Euronext N.V. (“Euronext”) combined their businesses and NYSE Euronext became the parent holding company of both NYSE Group and Euronext (herein referred to as the “combination”). Under the purchase method of accounting, NYSE Group was treated as the accounting and legal acquirer in this business combination. As such, NYSE Group is the predecessor reporting entity of NYSE Euronext and the results of operations of Euronext are only included in NYSE Euronext’s consolidated results of operations from April 4, 2007.

In addition, on March 7, 2006, Archipelago Holdings, Inc. and the New York Stock Exchange, Inc. combined their businesses and became wholly-owned subsidiaries of NYSE Group. As a result, the results of operations of Archipelago Holdings, Inc. have been included in the historical results of operations of NYSE Group only since March 8, 2006.

 

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This excerpt taken from the NYX 10-Q filed Aug 14, 2007.

EXPLANATORY NOTE

On April 4, 2007, NYSE Group, Inc. (“NYSE Group”) and Euronext N.V. (“Euronext”) combined their businesses and NYSE Euronext became the parent holding company of both NYSE Group and Euronext (herein referred to as the “combination”). Under the purchase method of accounting, NYSE Group was treated as the accounting and legal acquirer in this business combination. As such, NYSE Group is the predecessor reporting entity of NYSE Euronext and the results of operations of Euronext are only included in NYSE Euronext’s consolidated results of operations from April 4, 2007.

In addition, on March 7, 2006, Archipelago Holdings, Inc. and the New York Stock Exchange, Inc. combined their businesses and became wholly-owned subsidiaries of NYSE Group. As a result, the results of operations of Archipelago Holdings, Inc. have been included in the historical results of operations of NYSE Group only since March 8, 2006.

 

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This excerpt taken from the NYX 10-Q filed May 14, 2007.

EXPLANATORY NOTE

As of March 31, 2007, NYSE Euronext had not conducted any material activities other than those incidental to its formation and the matters contemplated by the combination agreement (as defined herein), such as the formation of Jefferson Merger Sub, Inc. (a wholly owned subsidiary of NYSE Euronext) and the submission of certain required regulatory filings. The combination between NYSE Group, Inc. (“NYSE Group”) and Euronext N.V. (“Euronext”) was consummated on April 4, 2007. As of that date, NYSE Euronext became the parent holding company of both NYSE Group and Euronext.

As a result of the fact that the combination was consummated during the second quarter of 2007, in this Form 10-Q for the quarterly period ended March 31, 2007, we are providing standalone results for both NYSE Euronext and NYSE Group. Under the purchase method of accounting, NYSE Group was treated as the accounting and legal acquirer in the combination. As such, NYSE Group is the predecessor reporting entity of NYSE Euronext. The results of operations of Euronext will be included in the NYSE Euronext’s consolidated results of operations from April 4, 2007.

 

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