Four years after losing to the New York Stock Exchange in the takeover of Euronext NV, Deutsche Boerse AG ’s Reto Francioni is buying both companies and putting his rival’s chief executive officer, Duncan Niederauer , in charge.
NYSE Euronext Chief Executive Officer Duncan Niederauer started meeting with shareholders today to convince them his agreement with Deutsche Boerse AG is superior to an unsolicited bid from Nasdaq OMX Group Inc. and IntercontinentalExchange Inc. that was rejected yesterday.
More of NYSE Euronext’s growth will come from Asia and South America than Europe, where its takeover by Deutsche Boerse AG was blocked by regulators, according to Chief Executive Officer Duncan Niederauer.
Private venues called dark pools and brokers filling orders away from the public markets should face more restrictions on when they can trade, according to Duncan Niederauer, chief executive officer of NYSE Euronext.
The group of companies that plan to list their shares on the New York Stock Exchange is the best it’s been in at least four years, according to NYSE Euronext Chief Executive Officer Duncan Niederauer .
NYSE Euronext, the biggest U.S. stock exchange owner, is willing to consider major changes to how it does business as part of a discussion on reworking the structure of American markets, according to Chief Executive Officer Duncan Niederauer.