Compliance

11:01 AM
Reuters
Reuters
News
Connect Directly
RSS
E-Mail
50%
50%

ICE CEO Says Proposal to Buy NYSE 'Well Received' by Regulators

IntercontinentalExchange Inc's $8.2 billion proposal to acquire NYSE Euronext has been "well received" by regulators, ICE Chief Executive Jeffrey Sprecher said on Thursday.

IntercontinentalExchange Inc's $8.2 billion proposal to acquire NYSE Euronext has been "well received" by regulators, ICE Chief Executive Jeffrey Sprecher said on Thursday.

Sprecher said he and NYSE CEO Duncan Niederaur just completed a "whirlwind tour" visiting global regulators, particularly the five regulators that oversee the various markets in Europe, ahead of their announcement of the deal on Thursday morning.

Copyright 2012 by Reuters. All rights reserved.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology - August 2014
Modern core systems are emerging as the foundations of effective channel integration and customer engagement initiatives.
Slideshows
Video