NYSE Euronext Business Summary For January 2008

• Record Volume Days, Weeks and Month in Cash Equities and Derivatives Trading
• Cash Equities Volumes: +80% in Europe, +40% in the U.S.
• Derivatives Volumes: +61% in Europe, +98% in the U.S.

NYSE Euronext (NYX) reported record transaction volumes in U.S. and European trading operations in January 2008 with new records in daily, weekly and monthly trading volume across a number of NYSE Euronext’s products and exchanges.

NYSE Euronext’s European cash markets registered their all-time most active days, weeks and month ever, with 41.5 million transactions^[1], up 81.9% on shares from the same period in 2007. NYSE Euronext’s U.S. cash equities exchanges had a record average daily volume (ADV) of 3.9 billion shares handled^[2] on NYSE Group exchanges in January and also reported several new trading and message traffic records, including the second-most active month in history with over 81 billion shares handled.

Liffe, NYSE Euronext’s leading futures and options business, traded a record 103 million futures and options contracts in January, up 61% from 2007, propelled by an all-time record week of trading with 33.5 million contracts traded for the week-ended January 25. Average daily volume for U.S. equity options trading on NYSE Arca Options reached a record 2.4 million contracts traded per day in January 2008, an increase of 98% compared to the same month in 2007.

 

Cash Products

Euronext

• NYSE Euronext’s European cash markets registered their busiest month ever with 41.5 million transactions completed in January 2008, up 80.1% from the same month last year, representing a record average daily volume of 1.9 million transactions.
  
  
• Euronext registered three consecutive new record days with respect to trading volumes during the month of January, including the busiest day ever with 3.4 million transactions completed on January 22. The previous most active day was August 17, 2007 with more than 2.4 million transactions completed.
  
  
• Euronext reported a record of 40.1 million equity transactions in January 2008, up 81.9% year-on-year.
  
  
• Year-on-year transactions on Euronext were up 124.5% for ETFs and up 39.9% for structured products, including warrants and certificates.

 

NYSE Group

• NYSE Euronext’s U.S. cash equities exchanges, NYSE and NYSE Arca, reported a record 3.9 billion shares handled per day in January, up 40.4% year-on-year. Total volume in January 2008 was up 47.4% compared to 2007 fueled by strong trading volume throughout the month, including several top ten volume days, weeks and overall month of trading for NYSE Group exchanges.
  
  
• NYSE Euronext’s U.S. equities operations reported 2.9 billion shares handled per day in NYSE-listed securities for January, up 38.3% from the same month in 2007.
  
  
• NYSE and NYSE Arca experienced record volumes in January 2008 with more shares traded than any other US exchange group, registering two of the top ten NYSE Group daily volume records, including the highest-ever for NYSE Arca with 2.8 billion shares traded on January 24.
  
  
• NYSE Group’s operations in ETF trading reported 497 million shares handled daily in January 2008, up 144.0% from the same period in 2007 with total handled volume in January 2008 up 156.2% versus January 2007.

 

Derivatives Products

Liffe

• Liffe, NYSE Euronext’s leading futures and options business, had its busiest January ever. 103 million futures and options contracts were traded in January 2008, representing an average daily volume of 4.7 million contracts, up 61.1% on the same month in 2007.
  
  
• Interest rate products traded over 64 million contracts in January, up 71.2% on January last year.
  
  
• Equity products traded over 37 million contracts in the month, up 45.9% on January 2007. Of this total, 8.6 million contracts were processed through Liffe’s Bclear service – more than twice the number processed in the same month last year.
  
  
• Liffe’s commodity products traded 1.4 million futures and options contracts in January 2008, up 74.9% on January 2007.

 

NYSE Arca Options

• NYSE Arca reported a record 2.4 million equity options contracts executed daily on average in January 2008, up 98% from the same month in 2007.
  
  
• With 50.8 million total contracts traded in January, NYSE Arca Options also captured 15.4% of all equity options contracts traded in the US , a 2.0 percentage point increase from January 2007.
  
  
• In January, 25.2 million contracts were traded on NYSE Arca Options in the recently-expanded SEC options penny pilot, with 19.8 million, or 78% traded electronically.  Share of trading in the 35 penny pilot issues in January 2008 was 17.3% of industry volumes.

 

Listings

Euronext

• Nine IPOs were added on Euronext’s markets in January 2008, representing $5.9/€4 billion of additional market capitalization.
  
  
• In January NYSE Euronext welcomed NYSE-listed Satyam Computer Services to its European market. Satyam is the first NYSE-listed company after the merger between NYSE Group and Euronext to seek a cross-market listing on NYSE Euronext in Europe , using the convenient, cost-effective fast-path process, which relies on existing U.S. registration documents for its European listing.
  
  
• In January Euronext recorded a record number of 20 new ETFs listed on NextTrack, the Euronext market segment dedicated to ETFs. This brings the total number of ETFs listed on Euronext to 248, with more than 185 underlying indices.

 

NYSE Group

• The month of January produced a total of 12 new listings on NYSE Group markets, including four IPOs by operating companies on the NYSE, and one closed end fund IPO. During January 2008, there was also one new exchange traded product and two new structured products listed on NYSE Arca. 
  
  
• Other new listings on the NYSE during the month included two spin-offs, one transfer from the Amex, and one other new listing.
  
  
• Of the four IPOs by operating companies, two U.S. domestic IPOs raised a total of $570/€384 million, and two non-U.S. companies raised a total of $274/€185 million in IPO proceeds in connection with listing on the NYSE.  The closed end funds that listed on the NYSE raised $120/€81 million in connection with their listings.

 

Note:
Based on fourth-quarter 2007 non-GAAP net revenues (excluding activity assessment fees, and liquidity payments, routing and clearing fees) NYSE Euronext revenues from its primary business activities are represented below as a percentage of total net revenues:

• Derivatives trading accounts for 24%
• European cash trading accounts for 19%
• U.S. cash trading accounts for 10%
• Market data accounts for 13%
• Listing accounts for 13%
• Software and technology services accounts for 14%

On Jan. 31, 2008: €1 = $1.4841

Appendix: NYSE Euronext Markets Tables

About NYSE Euronext
NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007 . NYSE Euronext (NYSE Euronext: NYX) operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services.   NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data.  Representing a combined $30.5 trillion/€20.9 trillion total market capitalization of listed companies and average daily trading value of approximately $141 billion/€103 billion (as of December 31, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets. NYSE Euronext is part of the S&P 500 and S&P 100 indexes.

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 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as amended, 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.

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