NYSE Euronext, ICE markets set for tie-up: source | Bangkok Post: news

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NYSE Euronext, ICE markets set for tie-up: source

The US stock market operator InterContinental Exchange (ICE) and transatlantic peer NYSE Euronext should soon unveil a tie-up, a source close to the deal told AFP on Thursday, confirming press reports on the subject.

Traders work on the floor of the New York Stock Exchange on December 12, 2012. The US stock market operator InterContinental Exchange (ICE) and transatlantic peer NYSE Euronext should soon unveil a tie-up, a source close to the deal told AFP on Thursday, confirming press reports earlier in the day.

The source, who asked to remain anonymous, said: "Talks are still being finalised but the announcement of a tie-up is close." Media reports have raised the possibility of ICE buying NYSE Euronext, and trading in shares of the transatlantic group have been suspended in Paris.

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