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NYSE Euronext Reports Monthly Transaction Activity --for May 2007--
  • Euronext cash transactions: +26% year-to-date, second busiest month ever
  • Euronext.liffe: +14% year-to-date
  • NYSE Arca Options volume: +43% from prior year
  • NYSE Group Listed 9 New ETFs, Volume Up 35.1% year-to-date

June 6, 2007 -- NYSE Euronext (NYSE Euronext: NYX) today announced transaction activity data1 for its six cash equities exchanges and six derivatives exchanges. As the world’s leading and most diversified global exchange group, NYSE Euronext operates the world’s largest and most liquid cash equities market center trading a combined average daily value of €75.3/$102.4 billion with a total global market capitalization of listed companies valued at €21.7/$29.6 trillion year-to-date through May 31, 2007.

Cash Products

Euronext

  • Euronext’s cash markets registered their second busiest month ever with 25.5 million transactions completed in May 2007, up 15.4% from the same month last year. In total, a record 121.6 million cash transactions were registered on Euronext since the beginning of the year, up 26.1% from the same period in 2006. This represents an average daily volume of 1.2 million.

  • Euronext reported 24.4 million transactions registered in equities in May 2007, up 16.3% from the same month last year, representing a daily average of 1.1 million transactions.

  • Year-to-date transactions on Euronext were up 74.9% on Exchange-Traded Funds and up 18.9% on Structured Products, which include warrants and certificates.

NYSE Group

  • NYSE Group exchanges reported 2.7 billion shares handled2 per day, up 9.1% year-to-date. NYSE Group’s operations in NYSE-listed securities reported 2.1 billion shares handled per day, up 4.0% from the same month last year and 12.2% year-to-date.

  • NYSE Group’s operations in ETF trading reported 218.0 million shares handled daily, up 14.0% from the same period last year and 35.1% year-to-date.

Listings

NYSE Euronext

  • There were 32 new listings (IPOs, closed-end funds and transfers) and 11 ETF listings on NYSE Euronext’s markets in May 2007.

Euronext

  • There were 12 IPOs listed on Euronext’s markets in May 2007, including 4 new listings on Alternext. This brings the total number of IPOs listed since the beginning of the year to a record of 52, with €2.0/$2.7 billion raised in connection with listing, as compared to 42 during the same period in 2006. Additionally, 2 new ETFs were listed on NextTrack in May 2007.

NYSE Group

  • In May, there were 20 new listings on the NYSE Group markets, including 16 IPOs, 2 transfers from the Amex and 2 companies listing after successfully re-emerging from bankruptcy. In addition, 9 ETFs were listed on NYSE Group exchanges during the month.

  • The 16 IPOs included 11 IPOs by operating companies (excluding funds), which raised $3.04/€2.26 billion and 5 closed-end funds, which raised $3.5/€2.6 billion in connection with listing on the NYSE.

  • Through May 31, NYSE Group attracted 117 new listings as compared to 56 during the same period in 2006.

Derivatives Products

Euronext.liffe

  • Euronext.liffe traded 79 million futures and options contracts in May 2007, up 2.6% from the same month in 2006, and over 362 million year-to-date, up 13.7% from the same period last year.

  • Bclear, Euronext.liffe’s wholesale equity derivatives administration and clearing service, processed a record 15.9 million contracts during the month, up 19.6% from the same month in 2006 and up 76.3% year-to-date.

  • Interest rate products traded over 40 million contracts in May and over 191 million contracts year-to-date, up 11.3% from the same period in 2006.

  • Equity products traded over 38 million contracts in the month, up 1.3% from May 2006, and more than 165 million contracts year-to-date, up 16.2% year-on-year. Euronext.liffe's Single Stock Futures had their busiest month ever, trading 11.2 million contracts.

  • Euronext.liffe’s Commodity products traded over one million contracts in May, up 42.6% from the same month in 2006 and up 26.3% year-to-date.


NYSE Arca

  • NYSE Arca reported 1.1 million equity option contracts executed per day in May 2007, up 43% from the same month last year.

  • From January 1 through May 31, 2007, NYSE Arca Options achieved a 35% increase in its share of trading in the SEC penny pilot issues. Average daily volume in the penny pilot issues has increased 58% to 174 thousand contracts per day in May, up from 110 thousand contracts per day in January 2007.

Additional Business Highlights

  • On May 10, France’s national weather service Météo-France and Euronext announced the launch of a joint venture, Metnext, specializing in innovative solutions for index-based management of weather risk.

  • On May 17, Alternext, the market of Euronext tailored to the needs of small to medium-size companies, celebrated its second anniversary of operations. Today over 90 companies are listed on Alternext, with total market capitalization totaling €4.8/6.5 billion as of May 31, 2007.

  • As part of their partnership agreement, Euronext and the Luxembourg Stock Exchange announced the creation of a European Economic Interest Group (EEIG) on May 21. The EEIG’s purpose will be to develop a shared standard for listing and trading corporate bonds through the use and promotion of a comprehensive, integrated solution based on leading-edge technology.

  • On May 25, the total volume in equity derivatives futures and options registered through Euronext.liffe’s Bclear wholesale service passed the 100 million milestone. The service registered its 50 millionth contract on December 13, 2006.

  • NYSE Arca Options announced the addition of four new Market Makers (MMs) to its options trading platform for a total of 29 market making firms. With its superior technology, unique market structure and low costs, NYSE Arca Options has added 10 new market making firms since its launch in late 2006.

  • NYSE Bonds commenced rollout of the first unlisted bonds of NYSE listed companies eligible to begin trading on the new platform. The addition of these 1,000 new issues is a part of a measured implementation that is expected to culminate with the inclusion of more than 3,000 bonds over the next few months and a total of over 5,000 by year end.

  • The NASD/NYSE Trade Reporting Facility3 (TRF), which began processing trades on April 26, completed rollout in May and continues to add customers and increase volume. With more than 150 million shares processed daily in May for all NMS listed securities, the NASD/NYSE TRF currently represents a 6.1% share of trading Nasdaq listed issues.

  • In May, NYSE Data introduced the Custom TAQ (Trade and Quote), a market information product offering users the unique ability to build customized trade data reports online that include historical and intra-day transaction and quotation information for NYSE, Nasdaq and Amex listed securities, including Trade Reporting Facilities.

  • On a pro forma combined basis as if the merger between NYSE Group and Euronext had been consummated on January 1, 2007, revenues for the three months ended March 31, 2007 would have been $1.12 billion (including $186 million of activity assessment fees), operating income would have been $264 million, and net income would have been $161 million, or $0.60 per diluted share.

 

Based on the March 31, 2007 pro forma combined revenues of NYSE Euronext (excluding activity assessment fees, liquidity payments, and routing and clearing fees), revenues from NYSE Euronext’s primary business activities are represented below as a percentage of total net revenues:

Derivatives revenues account for 22%
European cash trading accounts for 16%
U.S. cash trading accounts for 11%
Listing fees account for 13%
Market data accounts for 15%

On May 31, 2007: €1 = $1.3453

Appendix: NYSE Euronext Markets Tables

[1] Euronext equities transactions count each buy and sell order as separate transactions; NYSE Group equities transactions count buy and sell orders together as a single transaction. All NYSE Euronext derivatives transactions count buy and sell orders together as a single transaction.

[2] Handled shares represent the total number of shares of equity securities internally matched on the NYSE Group's exchanges or routed to and executed at an external market center

[3] NASD is a registered trademark owned by National Association of Securities Dealers, Inc., and is used under license from National Association of Securities Dealers, Inc.

About NYSE Euronext
NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007. NYSE Euronext (NYSE Euronext: NYX) operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data. Representing a combined €21.7/$29.6 trillion total market capitalization of listed companies and average daily trading value of approximately €75.3/$102.4 billion (as of May 31, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets.

Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext Registration Statement (document de base) filed with the French Autorité des Marchés Financiers (Registered on November 30, 2006 under No. 06-0184), 2006 Annual Report on Form 10-K, as amended, and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.

 

The following are trade marks of Euronext and may not be used without obtaining a license from Euronext: CAC®, CAC 40®, AEX®, AEX-index®, BEL 20®, PSI 20®, EURONEXT®, LIFFE CONNECT®, TRACKER®.

FLEX® is a registered trademark of the Chicago Board Options Exchange Inc. and has been licensed for use by LIFFE.

 

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Contact: Eric Ryan
Phone: 212.656.2411
Email:  eryan@nyse.com