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BACKGROUND: New mega-exchange in numbers
Feb 16, 2011, 19:51 GMT
New York/Frankfurt - The merger of the New York Stock Exchange and the Deutsche Boerse will create the world's largest stock exchange operator.
A look at the what the fusion will mean in numbers:
Revenue: With combined revenues of some 5.5 billion dollars annually, the Deutsche Boerse and NYSE Euronext are far ahead of number two Chicago-based CME Group. But CME is the leader in derivatives trading. Individually, Deutsche Boerse and NYSE Euronext rank second and third in revenues. Other major players are the London Stock Exchange and New York-based Nasdaq OMX.
Profits: The fusion would put the new mega-exchange ahead of CME despite high returns in derivatives. The merger would have combined profits of 2.8 billion dollars versus 2.2 billion dollars for CME. Deutsche Boerse, however, earned substantially more than NYSE, 1.6 billion dollars to 1.1 billion dollars. The Germans have placed more emphasis on derivatives, while NYSE is still focussed on stocks.
Other areas: The combined company would be a leader in technical services, such as providing market data. The merged group would have some 6,300 employees, including 3,300 from Deutsche Boerse.
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