Euronext chairman and CEO Jean-François
Théodore said last week that a derivatives tie-up with
Eurex was "part of the beauty" of a potential merger with
European rival Deutsche Börse, a prospect which he said
was now firmly on the agenda.
Speaking during the announcement of Euronext's 2005
financial results, Théodore explained that the exchange
"intends to work constructively [with Deutsche Börse] to
try to find creative solutions to bridge the gaps" between the
Deutsche Börse echoed that sentiment last week, saying
in a statement that it was "looking forward to entering into
concrete negotiation" with Euronext.
The exact implications and integration issues thrown up by a
merger of the exchanges' respective derivatives arms last week
remained unclear. However, both Théodore and interim
Eurex CEO Reto Francioni have now highlighted the potential
synergies between Eurex and Euronext Liffe.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.