NYSE Stocks
NYSE Euronext Completes Acquisition
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Mar 11, 2008 - 2:22:15 PM

NYSE Euronext Completes Acquisition of Wombat Financial Software

Broadens NYSE Euronext’s Global Customer Base and Commercial
Launches NYSE Euronext Advanced Trading Solutions-

NYSE Euronext (NYX) announced the closing of its $200 million acquisition of Wombat Financial Software (Wombat), the technology innovator and world leader in market data management solutions, as previously announced on January 14, 2008.   Wombat will join TransactTools as part of the newly formed NYSE Euronext Advanced Trading Solutions division.

“On behalf of all my colleagues, we welcome the Wombat team to the NYSE Euronext family,” said Duncan L. Niederauer, CEO, NYSE Euronext.  “Wombat, together with TransactTools, positions NYSE Euronext as a global leader in providing integrated commercial technology solutions for financial services firms and other markets.  This is a rapidly growing sector of our business, and we look forward to providing our customer base with a comprehensive array of commercial technology solutions that include new connectivity tools, smart order routing, data management and direct market access.”

NYSE Euronext Advanced Trading Solutions will provide seamless high performance trading across asset classes, global geographies and time zones and a common end-to-end platform for accessing liquidity in any market.   We combine the highest-performing enterprise software for financial connectivity (TransactTools) along with market-leading data management and distribution (Wombat), and the network and facilities infrastructure of the world’s leading markets (SFTI).

Wombat, which was founded in 1997 and has offices in the U.S., U.K. and Japan, offers a high speed market data and messaging platform with direct connection to markets that facilitates large volume, low latency data management and integration.

Today’s NYSE Opening Bell celebrated the completion of the transaction and the introduction of Wombat Financial Software as part of NYSE Euronext Advanced Trading Solutions . 

NYSE Euronext (NYSE Euronext: NYX) and the American Stock Exchange (Amex) announced that the two companies received notification from the Federal Trade Commission that early termination of the waiting period under the Hart-Scott-Rodino ( HSR ) has been granted in connection with the proposed acquisition of Amex by NYSE Euronext.  The proposed acquisition remains subject to the satisfaction of other conditions including the approval of Amex seat owners and the U.S. Securities and Exchange Commission.  The parties expect the transaction to close in the third quarter of this year.

“On behalf of all my colleagues, we welcome the Wombat team to the NYSE Euronext family,” said Duncan L. Niederauer, CEO, NYSE Euronext.  “Wombat, together with TransactTools, positions NYSE Euronext as a global leader in providing integrated commercial technology solutions for financial services firms and other markets.  This is a rapidly growing sector of our business, and we look forward to providing our customer base with a comprehensive array of commercial technology solutions that include new connectivity tools, smart order routing, data management and direct market access.”

NYSE Euronext Advanced Trading Solutions will provide seamless high performance trading across asset classes, global geographies and time zones and a common end-to-end platform for accessing liquidity in any market.   We combine the highest-performing enterprise software for financial connectivity (TransactTools) along with market-leading data management and distribution (Wombat), and the network and facilities infrastructure of the world’s leading markets (SFTI).

Wombat, which was founded in 1997 and has offices in the U.S., U.K. and Japan, offers a high speed market data and messaging platform with direct connection to markets that facilitates large volume, low latency data management and integration.

Today’s NYSE Opening Bell celebrated the completion of the transaction and the introduction of Wombat Financial Software as part of NYSE Euronext Advanced Trading Solutions . 

NYSE Euronext (NYSE Euronext: NYX) and the American Stock Exchange (Amex) announced that the two companies received notification from the Federal Trade Commission that early termination of the waiting period under the Hart-Scott-Rodino ( HSR ) has been granted in connection with the proposed acquisition of Amex by NYSE Euronext.  The proposed acquisition remains subject to the satisfaction of other conditions including the approval of Amex seat owners and the U.S. Securities and Exchange Commission.  The parties expect the transaction to close in the third quarter of this year.