6 result(s) displayed (1 - 6 of 6):

NYSE, DTCC finalize clearing partnership (from Corporate Dealmaker)

NYSE Euronext (NYSE:NYX) and the Depository Trust & Clearing Corp. are a step closer to deepening their presence in the trillion-dollar derivatives clearing market. The companies this week finalized their agreement to create an entity to clear and settle trades for everything from interest rate swaps to credit default swaps.As...

Posted on October 15, 2009 8:00 AM

Nasdaq shopping for a European exchange (from Corporate Dealmaker)

Nasdaq OMX Group Inc. (NASDAQ:NDAQ) chief executive Bob Greifeld predicted there will be consolidation among multilateral trading facilities in Europe, and indicated his company would take part. According to a report in the Financial Times, Greifeld said Nasdaq would buy an alternative European exchange, presumably to boost its seven-month-old Nasdaq...

Posted on March 13, 2009 11:34 AM

NYSE exec: More spinoffs to come (from Corporate Dealmaker)

Scott Cutler, EVP in the global corporate client group at NYSE Euronext, came by our offices for a visit Wednesday. We got to talking about last month's IPO of Mead Johnson Nutrition Co. (NYSE:NJN), the infant formula maker partially spun off by Bristol-Myers Squibb Co. (NYSE:BMY).The successful launch was conspicuous...

Posted on March 5, 2009 10:15 AM

Frenzied dealmaking and a new corporate dealmaker at CME (from Corporate Dealmaker)

When the Chicago Mercantile Exchange bought the Chicago Board of Trade for $11.5 billion in 2007, the exchange's managing director of corporate development Kendal Vroman was instrumental in integrating the former crosstown rivals. Now, as the merged CME Group announces a flurry of transactions...

Posted on March 31, 2008 3:55 PM

Another deal, a new geography for NYSE Euronext (from Corporate Dealmaker)

NYSE Euronext chief executive Duncan Niederauer hasn't missed a step in building the exchange into a global powerhouse. Niederauer took over leadership of the fast-expanding exchange...

Posted on March 18, 2008 12:53 PM

Exchange deals roll on (from Corporate Dealmaker)

Stocks may be losing favor, but not stock exchanges. While the previous top managers from NYSE Euronext--CEO John Thain and CFO Nelson Chai--try to right the ship over at Merrill Lynch, the exchange's acquisition campaign continues under chief executive Duncan Niederauer, who yesterday announced the long-anticipated purchase of American Stock Exchange LLC for...

Posted on January 18, 2008 12:27 PM