Under the terms of today's MOU, NYSE Euronext and the Shanghai Stock Exchange will collaborate on joint development, research, marketing, and specialized trading technology, as well as co-branding of indices and Exchange Traded Products, including the listing of ETFs on the Shanghai Stock Exchange.
“We welcome the opportunity that enables
The original MOU establishing enhanced cooperation between the former New York Stock Exchange and the Shanghai Stock Exchange was signed on October 15, 2003. Both exchanges have since significantly expanded their activities in their respective markets, and in 2007, NYSE Euronext became the first foreign exchange to receive approval from the China Securities Regulatory Commission (CSRC) to open a representative office in Beijing.
Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's
About NYSE Euronext –
NYSE Euronext has 56 companies listed from Greater China. This includes 41 companies from Mainland
The People’s Republic of
Additionally, there are 6 companies from Greater China listed on the Free Market in Europe operated by NYSE Euronext, and the recently acquired NYSE Amex lists an additional 9 companies from
The total global market capitalization of the 56 NYSE Euronext-listed companies from Greater China is $1.1 trillion. ($1.2 trillion including HK and
Shanghai Stock Exchange
The Shanghai Stock Exchange was established in 1990 as a non-profit membership institution governed by the China Securities Regulatory Commission (CSRC). The SSE operates on the principle of "legislation, supervision, self-regulation and standardization" to create a transparent, open, safe and efficient marketplace. The SSE provides a marketplace and facilities for securities trading as well as formulating business rules, arranging listings, monitoring securities trading, regulating members and listed companies and managing and disseminating market information.
After thirteen years of operation, the SSE has become the preeminent stock market in
About NYSE Euronext
NYSE Euronext (NYX) is the world’s leading, most liquid and diverse exchange group. It offers a broad and growing array of financial products and services in cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions, all designed to meet the evolving needs of issuers, investors and financial institutions. Spanning multiple asset classes and six countries, NYSE Euronext’s exchanges include the New York Stock Exchange, Liffe, the leading European derivatives exchange by value of trading, Euronext and NYSE Arca. With more than 6,500 listed issues, more than any other exchange group, trading on NYSE Euronext’s equity markets represents more than one-third of the world's cash equities volume. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit www.nyx.com.
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’s reference document for 2007 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on May 15, 2008 under No. R. 08-054), 2007 Annual Report on Form 10-K 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.