Amsterdam, Brussels, Lisbon, London and Paris – 4 March 2013: Today the AEX-Index®, the well-known measure of the performance of securities on NYSE Euronext’s Amsterdam Exchange, celebrates its 30th birthday. The AEX® was introduced on 4 March 1983, and was the first national Blue Chip Index in Europe.
The AEX-Index is made up of the 25 most actively traded securities on the Amsterdam exchange. It contains companies from the top segment of the market, including multinationals such as Royal Dutch Shell, Unilever, ING Groep, Royal Philips Electronics and ArcelorMittal. The AEX measures performance and market sentiment in the Netherlands, and offers international exposure to companies included in the index. In order to continue to maintain this high standard from the past 30 years a consultation will be held with stakeholders in the coming months to assess whether the current methodology will fully meet the requirements of the next 30 years.
The AEX-Index was specifically launched so that derivatives such as options and futures could be traded on it. The number of product types traded on the index however has expanded considerably over the years, and there are currently more than 1,000 products linked to the AEX. The past five years have seen a 238% rise in the number of products, and in comparison with ten years ago there are 900% more products. Every day an average of 85,000 AEX options (one-month, one-week and one-day options) and 45,000 AEX futures* change hands on the NYSE Euronext’s Amsterdam exchange. Over the years new variations of the AEX have also been developed, including the AEX® Equal Weight and the AEX® Low Risk.
“The AEX-Index has been inextricably linked to the Amsterdam exchange for 30 years,” said Cees Vermaas, CEO of NYSE Euronext Amsterdam. “Our best known index is made up of prominent international businesses, an indication of the Amsterdam exchange’s position at the heart of the international capital markets. The AEX is an exceptionally tradable index, helping its companies to raise their profile in dealings with national and international investors. This year we are proud to celebrate the 30thanniversary of the AEX here at its home at Beursplein 5.”
According to Jan Maarten Slagter, Chairman of the Dutch Shareholder Association (VEB), “The AEX brings the exchange closer to the public; one figure as an indication of the mood of the Amsterdam market is ready for publication in news bulletins and the economic sections of newspapers. The AEX has become an irreplaceable Dutch institution. Congratulations!”
In 1983, Tjerk Westerterp, who was then director of the options exchange, compiled the first index on the back of a cigar box while he travelled by train from Liege to Luxembourg. He settled on 13 securities: ABN Bank, Ahold, Akzo, Amro Bank, Gist-Brocades, Heineken, Hoogovens, KLM, Royal Dutch, Nationale Nederlanden, Philips, Unilever and Nedlloyd. The index was first called the EOE-Index (European Options Exchange). It later expanded to include 20 securities, and finally 25. Of the original list of thirteen companies, nine are still included in the index, either in the same form or as part of a merged company.
Today’s opening ceremony is entirely dedicated to the celebration of the index’s 30th anniversary.
* Average figure over the past three years.
For more information:
About NYSE Euronext
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.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
Forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving ICE and NYSE Euronext, including future financial results, ICE’s and NYSE Euronext’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in ICE’s and NYSE Euronext’s filings with the U.S. Securities and Exchange Commission (the “SEC”). These risks and uncertainties include, without limitation, the following: the inability to close the merger in a timely manner; the inability to complete the merger due to the failure of NYSE Euronext stockholders to adopt the merger agreement or the failure of ICE stockholders to approve the issuance of ICE common stock in connection with the merger; the failure to satisfy other conditions to completion of the merger, including receipt of required regulatory and other approvals; the failure of the proposed transaction to close for any other reason; the possibility that any of the anticipated benefits of the proposed transaction will not be realized; the risk that integration of NYSE Euronext’s operations with those of ICE will be materially delayed or will be more costly or difficult than expected; the challenges of integrating and retaining key employees; the effect of the announcement of the transaction on ICE’s, NYSE Euronext’s or the combined company’s respective business relationships, operating results and business generally; the possibility that the anticipated synergies and cost savings of the merger will not be realized, or will not be realized within the expected time period; the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management’s attention from ongoing business operations and opportunities; general competitive, economic, political and market conditions and fluctuations; actions taken or conditions imposed by the United States and foreign governments or regulatory authorities; and adverse outcomes of pending or threatened litigation or government investigations. In addition, you should carefully consider the risks and uncertainties and other factors that may affect future results of the combined company, as are described in the section entitled “Risk Factors” in the joint proxy statement/prospectus filed by ICE with the SEC, and as described in ICE’s and NYSE Euronext’s respective filings with the SEC that are available on the SEC’s web site located at www.sec.gov, including the sections entitled “Risk Factors” in ICE’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 6, 2013, and “Risk Factors” in NYSE Euronext’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 26, 2014. You should not place undue reliance on forward-looking statements, which speak only as of the date of this written communication. Except for any obligations to disclose material information under the Federal securities laws, neither ICE nor NYSE Euronext undertakes any obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this written communication.
IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND WHERE TO FIND IT
PARTICIPANTS IN THE MERGER SOLICITATION
You can find information about ICE and ICE’s directors and executive officers in ICE’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the SEC on February 6, 2013, and ICE’s proxy statement for its 2012 annual meeting of stockholders, as filed with the SEC on March 30, 2012.
You can find information about NYSE Euronext and NYSE Euronext’s directors and executive officers in NYSE Euronext’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the SEC on February 26, 2013, and NYSE Euronext’s proxy statement for its 2012 annual meeting of stockholders, filed with the SEC on March 26, 2012.
Additional information about the interests of potential participants will be included in the joint proxy statement/prospectuses, when it becomes available, and the other relevant documents filed by ICE and NYSE Euronext with the SEC.