NYSE Euronext and the Deutsche Boerse have agreed to merge
February 16th, 2011
The world is becoming increasingly international, and there is yet another showcase of just how much the world is intertwined when it comes to business. Two huge stock exchanges, the NYSE Euronext and the Deutsche Boerse have agreed to merge, which would create a huge super network.
The merger still has to pass the scrutiny of regulators and shareholders – and the size of the combination of the two massive networks is going to make for some pretty interesting hurdles.
The new organization will be 60% Deutsche Boerse and 40% NYSE Euronext. The two have boasted that this merger will create the largest trading network in the world.
Duncan Niederauer, the CEO of NYSE Euronext will be the CEO of the new company, and the CEO of Deutsche Boerse, Reto Francioni will be the Chairman.
Look for more and more networks to merge as the world of business continues to grow internationally, especially when IFRS and US GAAP make a full convergence.














Once bitten, twice shy.