NYSE Euronext has launched a London-based securities market, NYSE Euronext London, aimed at attracting international issuers looking to list in London.
NYSE Euronext London is complementary to NYSE Euronext’s other European securities markets and will enhance the visibility and prominence of its Continental Europe listing and trading venues.
Dominique Cerutti, president and deputy chief executive of NYSE Euronext, says: “This is a natural next step in NYSE Euronext’s evolution and a logical extension of our European cash markets. NYSE Euronext London combines the strength and visibility of our global brand and our leadership position in European cash markets with NYSE Liffe’s established presence in London and worldwide. Moreover, the new listing venue strengthens the competitive position of NYSE Euronext’s European markets.”
Paris, NYSE Euronext’s European headquarters, will remain the largest of its listings markets in Europe and the day-to-day centre of management for all its European cash operations and the development of its Universal Trading Platform.
NYSE Euronext London offers international issuers the opportunity to list shares and depositary receipts on the Official List of the UK Listing Authority.
In addition, issuers will benefit from access to a broad investor base and having their securities trade on NYSE Euronext’s Universal Trading Platform that connects all its European securities markets. This provides international issuers access to the largest equity market in Europe with a combined market capitalisation of EUR3.3trn and over EUR6bn of equity securities traded daily.