News Releases

 
NYSE Euronext launches the SME marketplace
Amsterdam, Brussels, Lisbon, Paris 30 April 2013 – Aware of the challenges facing businesses in search of funding, NYSE Euronext (NYX) is beefing up its strategy and resources for small and medium-sized companies (SMEs) by launching a subsidiary dedicated to these businesses on 23 May 2013.

The project was developed in conjunction with market participants and is a key component of a dynamic financing framework designed especially for SMEs. It will make an active contribution to the range of measures for SMEs recently announced in France by the President, as well as to the various initiatives supporting SMEs prepared in Belgium, The Netherlands and Portugal.

The new entity will cover the current B and C compartments of NYSE Euronext's regulated market, as well as NYSE Alternext in each of the European countries where the group operates—a total of nearly 800 companies. Managed by a subsidiary set up in France for this purpose, it will have its own brand, operating budget and team.

The structure will be headed by a CEO recruited externally. Its governance structure will be open, with a 15-member international board of directors including the CEO, seven qualified external directors and seven directors from NYSE Euronext. Board members will be announced on 23 May and they will focus on subjects of critical importance to SMEs (marketing policy, improvements to the market model, etc.).

In addition to its team of dedicated experts, the subsidiary will have sales teams covering all NYSE Euronext markets; some of these will operate from regional locations where they can make best use of close ties to small and medium-sized companies. Working with local networks and players, their brief is to help SMEs gain access to markets.

Following discussions with market participants, NYSE has committed to a steep rise in resources earmarked for SMEs and will contribute an annual €18 million budget, with part of this going directly to the subsidiary now being set up. A range of promotional offers will be put in place once the new entity has been launched, with a 50% reduction in transfer fees for companies moving from the regulated market to NYSE Alternext, and a 10% reduction in listing fees.

This ambitious project will give NYSE Euronext a truly pan-European market dedicated exclusively to SMEs, with a central orderbook and a transparent market model.

President and Deputy CEO of NYSE Euronext, and Chairman of the Managing Board of Euronext NV Dominique Cerutti said: "Given how difficult it can be for SMEs to secure financing in today's economy, it is essential that we take action—that is both our mission and our firm belief. NYSE Euronext is fully committed to assisting company leaders and all parties prepared to act to strengthen the entrepreneurial network, which makes a key contribution to  growth and job creation. Small and mid-size companies, the market as a whole and government authorities can count on their longstanding market operator Euronext to make this innovative project a success and rally everyone to the cause.

In 2012, NYSE Euronext's European markets allowed businesses to raise over €83 billion, including more than €57 billion in France alone. That exemplifies the drive and market quality that we will be harnessing to serve SMEs."

Information:
Caroline Tourrier –ctourrier@nyx.com – +33 1 49 27 10 82

About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit:  www.nyx.com.

Disclaimer
None of the information contained in this press release constitutes an offer, solicitation or recommendation to acquire or dispose of any security or investment or to engage in any other transaction or to provide legal, tax, accounting or investment advice or services regarding the suitability or profitability of any security or investment. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by NYSE Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. NYSE Euronext offers no view on whether investments are appropriate for you  and recommends you obtain independent advice in respect of such investments. Persons wishing to trade products available on NYSE Euronext markets or wishing to offer such products to third parties (whether by way of admission to listing and/or trading of products, or otherwise) are advised, before doing so, to check their legal and regulatory position in the relevant territory and to understand the related risks. NYSE Euronext does not make any recommendations regarding the merit of any company, security or other financial product or investment identified in this press release. Similarly, NYSE Euronext does not make any recommendation regarding the purchase or sale of any company, security, financial product or investment, endorsed or sponsored by any company identified in this press release. This press release is not intended to be, and shall not constitute in any way a binding or legal agreement, or impose any legal obligation or duty on NYSE Euronext or any of its affiliates. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.

NYSE Euronext refers to NYSE Euronext and its affiliates and references to NYSE Euronext in this publication include each and any such company as the context dictates. NYSE Euronext, New York Stock Exchange, NYSE MKT, NYSE Alternext, NYSE Arca and NYSE Liffe are registered marks of NYSE Euronext. © 2013, NYSE Euronext – All rights reserved.