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WFE Focus April 2011
Exchange consolidation news

Australian Treasurer rejects ASX-SGX merger proposal

Australia’s Federal Treasurer, the Honorable Wayne Swan, has made a statement that he has rejected the proposed merger of ASX Limited and Singapore Exchange Limited. In these circumstances the parties have agreed to terminate the merger implementation agreement entered into on 25 October 2010.

NYSE Euronext’s Board of Directors rejects proposal from NASDAQ OMX

On 10 April 2011, the NYSE Euronext’s Board of Directors has rejected the proposal by NASDAQ OMX Group and IntercontinentalExchange, and unanimously reaffirmed the previously announced combination agreement with Deutsche Börse.

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