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NYSE EURONEXT expands Singapore presence


WEBWIRE

—Liffe adds professional staff in Singapore —
—Shared office planned with NYSE TransactToolsSM to leverage synergiesin Asia-Pacific Region—

Amsterdam, Brussels, Lisbon, London, Paris, New York, Thursday. – NYSE Euronext (NYX) has announced that Liffe, the company’s international derivatives business, is expanding its presence in Singapore and plans to occupy offices with NYSE TransactTools (TransactTools Singapore Pte. Ltd.), signaling a new phase in the company’s business activity in the Asia-Pacific region.

Stefan Ullrich joins Liffe’s Singapore office to develop Liffe’s business across the region. He has previously represented Eurex in Asia since 1999. He joins Anthony Payne, a proprietary trading business specialist, who has also recently moved from Liffe’s London office to Singapore . Messrs. Ullrich and Payne will be co-heading the Liffe Singapore office, which will be co-located with the NYSE TransactTools team that is led by Peter Tierney, NYSE TransactTools Managing Director for Asia-Pacific.

Liffe opened its Singapore office in 2006 to provide a high level of direct service to its growing customer base there. The move followed the previous year’s launch of a telecom hub that made it possible for customers in the region to access the Liffe market directly and more inexpensively than before. In 2007 Liffe extended trading hours for its benchmark Euribor futures contract, enabling customers in the Asia-Pacific time zone to trade the Euribor future throughout the Asian trading day.

TransactTools Singapore Pte. Ltd. opened its Singapore office in early 2007, and is involved in a growing number of high-performance trading infrastructure projects with Asian based sell-side and exchange clients. It and NYSE TransactTools are wholly owned subsidiaries of NYSE Euronext and provide financial markets and market participants with an open, low latency, and neutral platform for global trading connectivity that improves liquidity and reduces risk. Earlier this week, NYSE Euronext announced an expanded presence in Japan with the addition of NYSE TransactTools staff in the company’s Tokyo office.

Liffe’s expanded presence in Singapore comes at a time when its parent, NYSE Euronext, is increasingly focusing on business opportunities throughout Asia . Last year NYSE Euronext acquired a 5 percent stake in the Mumbai-based National Stock Exchange of India, opened an office in Beijing to attract listings on its cash markets, and established a strategic business alliance with the Tokyo Stock Exchange based on a Memorandum of Understanding.

Garry Jones, Liffe Executive Director of Business Development and Strategy, said: “We are expanding in Singapore because we want to be able to offer our Asian customers better access to our existing markets, including fixed income, commodities and equity derivatives. In addition, we hope to broaden participation in our pioneering Bclear service and, with the NYSE TransactTools team, to jointly present our customers with a broader array of offerings from NYSE Euronext. We are giving even more priority to Asian clients in Singapore and South East Asia , as well as those in Japan , China , India and Australia . In the coming months we will be saying more about our next steps in this important region.”

Sam Johnson, CEO of NYSE TransactTools and NYSE Euronext Executive Vice President, said: “The expanded NYSE Euronext presence in Singapore and throughout the Asia-Pacific region enables us to better serve our customers and to develop new business opportunities. By working more closely with our Liffe colleagues, we are better positioned to further advance the synergies brought about by the NYSE-Euronext merger and our technology integration initiatives. We will improve efficiencies and leverage our commercial technology offerings to benefit our customers in a number of ways, such as providing greater connectivity to Liffe.”



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