NYSE Euronext Completes Acquisition of Metabit
-Leading Provider of Market Access Products in Asia Expands
-NYSE Technologies’ Global Offering and Client Base
New York, – NYSE Euronext (NYX) today announced the completion of its acquisition of Metabit, a leading Tokyo-based provider of high performance market access products with a trading community of more than 140 trading firms throughout Japan and Asia. As announced previously on Aug. 1, 2011, Metabit will operate as a product line within the NYSE Technologies portfolio further enhancing service to the Asia-Pacific region. Terms of the acquisition were not disclosed.
Daniel Bürgin, formerly CEO of Metabit, will head the NYSE Technologies Asia business and report to Stanley Young, Chief Executive Officer of NYSE Technologies. Peter Tierney, Managing Director of NYSE Technologies will become the Chief Operating Officer of the combined business in Asia, and he, with Mr. Bürgin, will lead the Asian business operations.
For more information on the Metabit acquisition, please reference the Aug. 1, 2011 press release: NYSE Euronext Accelerates Growth in Asia with Strategic Acquisition of Metabit, a Leading Provider of Market Access Products http://www.nyse.com/press/1312206536074.html
A division of NYSE Euronext (NYX), NYSE Technologies provides comprehensive transaction, data and infrastructure services and managed solutions for buy-side, sell-side and exchange communities that require next-generation performance and expertise for mission critical and value-added client services. This division operates four units: the Global Connectivity unit, offering one of the world’s largest, most reliable financial transaction networks connecting firms and exchanges worldwide; the Trading Solutions unit, which creates and implements high performance, end-to-end messaging software and real-time market data distribution and integration products; the Exchange Solutions unit, which provides multi-asset exchange platform services, managed services and expert consultancy; and the Global Market Data unit, which offers a broad array of global market information products covering multiple asset classes. With offices across the U.S., Europe, and Asia, NYSE Technologies’ advanced integrated solutions for a wide range of services has earned the ability to power the trading operations of global financial institutions and exchanges. For additional information visit: http://www.nyse.com/technologies
NYSE Technologies in Asia-Pacific
NYSE Technologies has a fast-growing presence in the Asia-Pacific region (APAC), with offices in Hong Kong, Singapore, and Tokyo. The group seeks to develop meaningful strategic and technology relationships with local exchanges and trading firms by actively addressing the unique opportunities and challenges of electronic trading in APAC. NYSE Technologies has strong regional leadership with a deep understanding of local financial markets. Its regional offices work closely together on APAC initiatives, relationship management, and technology development, and they are committed to offering a full range of exchange and trading solutions for their clients. NYSE Technologies’ experienced development team focuses on APAC-specific product functionality, and actively collaborates with its global team to provide robust and integrated solutions for the APAC market. NYSE Technologies, a leading provider of scalable exchange platforms, works with a wide range of emerging and established high-volume markets. NYSE Technologies’ innovative, high speed market data and messaging platform includes tick capture software and entitlement products, as well as comprehensive feed handler (market data) and market access gateway (orders) coverage of APAC markets. NYSE Technologies’ solutions are available as fully deployed enterprise software or as managed services, and are served by a regional support desk during APAC hours (7am – 7pm Singapore/Hong Kong time).
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2010 (“document de référence”) filed with the French Autorité des Marchés Financiers (Filed on April 19, 2011 under No. D.11-0333), 2010 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
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