CORRECT: Deutsche Boerse CFO: Well Positioned Despite Failed Merger -Report
15 Aprile 2012 - 5:29PM
Dow Jones News
Germany's stock exchange operator Deutsche Boerse AG (DB1.XE) is
well positioned even after its failed merger with competitor NYSE
Euronext (NYSE), Chief Financial Officer Gregor Pottmeyer told
German newspaper Boersen-Zeitung in an interview published
Saturday.
Deutsche Boerse's integrated business model is a blueprint that
is being copied by competitors, he said, adding he doesn't foresee
large, international mergers of stock exchange operators "within
the next one or two years."
Besides possible smaller acquisitions for Deutsche Boerse,
Pottmeyer sees organic growth potential coming from new products
for not collateralized and unregulated markets as well as from the
emerging markets in Asia.
He also expects stock market volatility to pick up in the next
quarters, boosting Deutsche Boerse's trading volumes.
"We still expect growth for this year," he said.
Newspaper website: http://www.boersen-zeitung.de
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500.
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