201eab6bb30ce45091282a877b508c26.ppt
- Количество слайдов: 10
2008 STA Annual Conference NYSE Euronext Update October 17, 2008 Palm Beach, FL ONE MARKET, INFINITE POSSIBILITIES. SM
NYSE Update 2008 STA Conference Palm Beach, FL Agenda: Business/Strategic Initiatives 1. Globalization 2. Leadership 3. Operational Issues 2
Global Listings Platform 3
The Market of Choice u NYSE Euronext Listed Company Total Market Capitalization is $30. 4 trillion MARKET CAPITALIZATION (in USD $ Trillions) ü ü ü NYSE LISTED COMPANIES (Sector Breakdown) Inclusion among global leaders Access to diverse investor base Consumer Staples Specialist accountability Value-added services and products Consumer Discretionary 9% Healthcare 8% Financials 7% Long-term visibility opportunities Industrials 23% 9% 18% Tech, Media & Telecom 7% Materials SE ext NY ron Eu rse k E LS oc St e o ky ng To cha Ex N D AS AQ ö e. B ch ts eu D Source: World Federation of Exchanges, Reuters, Bloomberg and NYSE Euronext as of December 2007. Source: NYSE Research as of December 2007. 4 19% Energy/Utilities
NYSE Alternext US Transaction Overview: • $260 mm stock acquisition (plus additional stock upon sale of real estate) • Closed October 2008, accretive to '09 earnings • Anticipated annualized run rate cost synergies of over $100 million within two years from closing • Relocate Amex’s trading floor operations to the NYSE trading floor, December 2009 Transaction Rationale and Benefits: • Re-brand AMEX as NYSE Alternext US. , strengthens leading position as a small cap, cash equities exchange • NYSE Amex Options, in combination with NYSE Arca Options, 3 rd largest U. S. options marketplace • Solidify NYSE Arca’s leadership position in listing and trading ETFs • Provide leading venue for listing and trading closed-end funds and structured products 5
The Market of Choice Value Proposition u Global Leadership The NYSE is privileged to be the home of the world’s premier brands. § World’s Largest Exchange Group 2007 Fortune Top 10 Globally Admired Brands: 7 of 10 are NYSE listed Products and geographies 2007 Business Week 50 Best Performing Companies: 37 of 50 are NYSE listed Lower Cost of Capital § Best Price § Tightest Effective Spreads 2007 Barron’s World’s Most Respected Companies: 449 of 500 (90%) are NYSE listed § Deepest Liquidity u Access to Information Dow Jones Industrial Average: 28 of 30, or 93% are NYSE listed § Specialist Accountability § Proven Investor Relations S&P 500: 426 (85%) are NYSE listed Tools u Keep 2007 Fortune 500: 83% are NYSE listed § Global Presence Across u The Company You 2007 Institutional Investor’s Top-Performing CEOs: 55 of 62 (89%) are NYSE listed Visibility/Brand Association § Unique Global Networking § Multi-media advertising § Proactive investor and customer reach 6
The World’s Leading Marketplace for Listings Continued Leadership in IPO Capital Raising 1 Unique Value Proposition 2 Multiple entry points for issuers of any size and geography in Europe and the U. S. 90% of the qualified IPOs, 98% Spinoffs, 99% Closed-End Funds Innovative “Fast. Path Cross Listing” gaining traction, with several NYSE-listed companies choosing to cross list on Euronext and NYSE Anheuser-Busch Philip Morris International Satyam Computer Services (India) Vale (Brazil) 1. 2. Includes closed-end funds and REITs. Source: Dealogic. NYSE Euronext includes Arcaand Alternext; Hong Kong includes GEM. As of December 31, 2007. Source: NYSE Euronext. As of May 31, 2008. 7
Gateway to Global Visibility NYSE Euronext’s global franchise extends to six cities and countries. – New York, London, Paris, Brussels, Amsterdam, and Lisbon Leverage historic venues to host strategic meetings and commemorate corporate milestones. New York Stock Exchange Gateway to reach your most important audiences: – Partnership/customer events – Investor Meetings – Board meetings – Product Launches Palais Brongniart 8 Le Palais de la Bourse Bruxelles
Operations - Issues Update Aberrant Trade Policy Proxy Issues e. Gov. Direct Short Sale Exemption Direct Registration – 100% compliant Eliminate Prohibition Against Fees for Stock Certificate(s) 9 9
Questions & Answers My e-mail address is jmclevey@nyx. com My phone number is 212. 656. 4509 10
201eab6bb30ce45091282a877b508c26.ppt