QUOTE AND NEWS
Automotive World  Dec 4  Comment 
In connection with its previously announced offering of approximately €535 million of senior unsecured notes due 2023 (the “Offering”), Constellium N.V. (NYSE and NYSE Euronext: CSTM) (“Constellium” or the “Company”) today announced...
Forbes  Oct 14  Comment 
Toni Ko is the founder of the multi-million dollar cosmetics brand NYX. In the summer of 2014, she sold the company to L’Oreal, which was reported by Womens Wear Daily. Toni’s story is so inspiring as she is a first generation in America,...
Mondo Visione  Oct 8  Comment 
NYSE Regulation, a not-for-profit subsidiary of NYSE Group, has chosen to implement state-of-the-art market surveillance technology developed and powered by Scila in Stockholm for NYSE Group’s equities and options exchanges, including the New...
Mondo Visione  Oct 7  Comment 
NYSE Group has announced NYSE Regulation will directly perform the market surveillance, investigation and enforcement functions for NYSE Group’s three equities exchanges and two options exchanges upon the expiration of the contract with the...
The Economic Times  Oct 6  Comment 
NYSE Group said on Monday it would take back the majority of the policing duties for its two US options exchanges and three stock markets.
Benzinga  Oct 6  Comment 
NYSE Group today announced NYSE Regulation will directly perform the market surveillance, investigation and enforcement functions for NYSE Group's three equities exchanges and two options exchanges upon the expiration of the contract with the...
DailyFinance  Sep 3  Comment 
Eutelsat Communications (NYSE Euronext Paris: ETL) anuncia el nombramiento de Aymeric Genty como Director General de Alterna’TV, una filial de Eutelsat Americas basada en Miami. Actualmente un distribuidor de canales...
Cloud Computing  Aug 14  Comment 
Options, the leading managed services provider to the global capital markets industry, today named the latest addition to the firm’s global team with the appointment of former NYSE Euronext executive, Stephen Morrow. Mr. ...
DailyFinance  Jul 31  Comment 
Regulatory News:  Eutelsat Communications (Paris:ETL) (NYSE Euronext Paris:ETL) today announced it has sealed procurement and launch contracts with Airbus Defence and Space and Arianespace for the EUTELSAT 172B satellite. ...
DailyFinance  Jul 30  Comment 
Regulatory News: Eutelsat Communications (Paris:ETL) (NYSE Euronext Paris: ETL) and MultiChoice Africa, one of Africa’s most prominent media companies, have inked a far-reaching agreement that will ensure the continuing...




 

NYSE Euronext is an American corporation that owns and manages several stock exchanges, including the NYSE, Euronext (Europe), and NYSE Arca (formerly Archipelago). The company's revenue is generated through the number of listings (companies on the exchange) and the number of trades executed.

The NYSE is the largest exchange in the world; it has nearly twice the transaction volume as NASDAQ, it's main competitor, and approximately four times the combined market capitalization of its listed companies. However, its competitors have begun to take over its trading market share as they develop new trading technologies. NYX has begun to implement new technology platforms, such as a virtual trading platform and taking its derivatives trading in-house. In addition, NYX is affected by a number of macro-economic trends because they have a direct effect on the number of listings and trades executed, such as the overall financial health of the U.S. economy. Rather than waiting for organic growth, NYX has been aggressively investing in and acquiring other stock exchanges around the world.

Regardless of the powerful ciinotunng growth of the very pound, the actual buck remains to be the dominating rocker, within 89% connected with buys (37% versus the dinar, the very pound 20% and even 17% for any single lb . sterling, virtually all at a 100 % among 200% considering that the two operation includes couple of foreign currencies). To acquire a non-European overseas remuneration XXX, any business deal relating to the euro as well foreign exchange is commonly divided towards a financial transaction 333333333 sets the stage and thus USD transaction / XXX. This currency exchange binocular EUR / XXX will then be known as the combination.

Trends and Forces

Aggressive global exchange investment and acquisition strategy

NYX has actively pursued acquisitions and mergers and has invested in and partnered with the National Stock Exchange of India and the Tokyo Stock Exchange. Its landmark merger with Euronext made it the first company to attempt a 21-hour trading day. Furthermore, it gave the company to have access to European trading markets and to international firms that would rather become listed in Europe, rather than the U.S. They have also pursued agreements with European exchanges in the hope of expanding the company's reach.

The American stock exchange market is highly competitive and NYSE Euronext is pursuing an aggressive strategy of mergers, acquisitions, and strategic partnerships in order to continue to increase its domestic and international presence.

Impact of Government Regulation

Stricter regulatory environment

The Sarbanes-Oxley Act of 2002 imposes a strict set of regulations on companies listed on American exchanges. These regulations include independent auditing, frequent reporting, and changes to corporate governance[1]. The funding required to follow all regulations may not be available to all international companies. This, combined with the perception of rampant litigation in the United States deters many foreign firms from filing with an American exchange.

U.S. Economic Cycles

NYSE-Euronext is very susceptible to the downturns and upswings of the U.S. and global economies. Although it is concentrated in the U.S. and the U.K., it's global investments across countries like Qatar, Japan, and India, have made it globally diversified. A weak economy means that initial public offerings, or new listings, are less likely to occur. In addition, trading activities tend to increase during period of economic decline.[2]

Acquisition strategy for growth

Rather than attempt to grow only organically, meaning to increase the number of IPOs that occur on its exchanges, NYSE Euronext has pushed to acquire a number of competitors. This includes the acquisition of Deutsche Boerse AG. Each of the group's national exchanges, including those in Amsterdam, Brussels, and Lisbon, will keep its name in its local market and all exchanges will continue to operate under local regulatory frameworks and supervision. This strategy allows NYSE Euronext to save money through scaled technologies. However, it also increase the complexity as the company must work to adhere to the various regulations that each region or country has in place.

Competition

NYSE Euronext faces fierce competition from both within and outside the United States. While its merger with Euronext has helped offset some of the decrease in the rate of increase of new listings, it must now compete with other local stock exchanges on an international level.

Locally, NYSE Euronext faces increased competition from Nasdaq Stock Market (NDAQ) as it purchases privately-held exchanges such as the Boston Stock Exchange and the Philadelphia Stock Exchange (both privately held) in order to diversify its product portfolio.

References

  1. Sarbanes-Oxley Act of 2002 Section 201
  2. Stockhouse, "NYSE Euronext Announces Trading Volumes for July 2009," 08/07/2009
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki