NYSE Euronext's (NYX) U.S. and Europe markets booked a big
increase in initial public offerings during the first half of 2013,
while demand for follow-on financing also was strong.
NYSE Euronext said 72 IPOs raised $28.5 billion, up from 66 IPOs
that raised $17.1 billion during the same period in 2012.
The company said it also was the global leader in follow-on
financings with 262 transactions raising $106 billion in total
global proceeds.
In the U.S., NYSE raised $26.3 billion in IPOs, more than four
times the next largest U.S. exchange.
The company said 41% of global IPO capital was raised in the
U.S. this year, followed by Japan with 9%. In Europe, Euronext saw
seven IPOs.
"A relatively stable macroeconomic environment and low
volatility resulted in a robust capital market for the first half
of 2013," said Scott Cutler, executive vice president and head of
global listings.
IntercontinentalExchange Inc. (ICE) agreed to buy fellow
exchange NYSE Euronext in a cash-and-stock deal valued at roughly
$8.2 billion when announced in December. The European Commission on
Monday approved the transaction after an investigation found the
proposed deal doesn't raise competition concerns.
Write to Melodie Warner at melodie.warner@dowjones.com
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