The New York Stock Exchange Has 25 Days To Live

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Before it becomes a subsidiary of a frigid-sounding Atlanta company.

“We are in signature-gathering mode in Europe,” said NYSE CEO Duncan Niederauer, speaking at an event hosted by the Investment Company Institute. “I would fully expect we will hit that date….”

The Nov. 4 closing date is predicated on some remaining approvals from national European regulators and financial authorities, and could still be extended, ICE and NYSE officials said in a news release earlier Thursday. Last week, ICE secured support from the regulators overseeing Euronext, NYSE’s group of European securities exchanges.

“We’re told the approvals are forthcoming,” Mr. Niederauer said Thursday.

ICE, NYSE Euronext Merger Expected to Close Nov. 4 [WSJ MoneyBeat blog]

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