NASDAQ-NYSE Deal: A Revolution?

When the Deutsche Börse (the parent company of the Frankfurt Stock Exchange) made a bid to buy the NYSE Euronext in February, it was surprising, but not that newsworthy. A European company overseeing a US stock exchange? It’s already been done.

Money Morning submits: By Don Miller

IntercontinentalExchange Inc and NYSE Euronext are in talks about a possible merger, which may be structured as a takeover of NYSE, the Wall Street Journal reported on Wednesday. IntercontinentalExchange had jointly bid with Nasdaq OMX Group Inc to break up the NYSE a year ago after German exchange operator Deutsche Boerse AG announced a plan to take over NYSE. But neither bid was successful. Shares of NYSE jumped 12% in after-hours trading to US$26.96; ICE shares rose 3.1% to US$132.32.

Money Morning submits: By David Zeiler Just as a wave of mergers and acquisitions among the world's major bourses has raised regulatory concerns, a feisty challenger, BATS Global Markets, has announced plans to enter the stock listings business by year's end.

Benzinga submits: By Jonathan ChenWho's next in the exchange merger mania we're seeing?

(NEW YORK ) — The New York Stock Exchange is being sold to a rival exchange for about $8 billion, ending more than two centuries of independence for the iconic Big Board. The buyer, IntercontinentalExchange Inc., an upstart exchange based in Atlanta, made clear Thursday that little would change for the trading floor in Manhattan’s financial district if regulators approve the deal. There will be dual headquarters in New York and Atlanta and ICE will open an office in Manhattan. NYSE CEO Duncan Niederauer will become president of the combined company and CEO of NYSE Group.

Trefis submits: Recently speculation arose that CME Group (NYSE:CME) might submit a counter bid for NYSE Euronext (NYSE:NYX) to disrupt the NYSE-Deutsche Boerse merger.