FILE - In this Jan. 26, 2011 file picture Duncan Niederauer, CEO New York Stock Exchange, NYSE, Euronext, speaks during a panel session on the first day of the 41st annual meeting of the World ... more 
FILE - In this Jan. 26, 2011 file picture Duncan Niederauer, CEO New York Stock Exchange, NYSE, Euronext, speaks during a panel session on the first day of the 41st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland. The parent company of the New York Stock Exchange says it has agreed to combine with the operator of the Frankfurt stock exchange, Deutsche Boerse. The deal announced Tuesday Feb. 15, 2011, will create the world's largest financial exchange owner. Deutsche Boerse shareholders will own 60 percent of the new company. Shareholders of NYSE Euronext Inc. will own the rest. The deal will give NYSE Euronext a larger footprint in the more lucrative business of trading in futures and options contracts. The boards of both exchange owners signed off on the deal, but it must still be approved by shareholders and regulators. less 
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Associated Press | Photo By Keystone, Laurent Gillieron
Thu, Feb 17, 2011 8:04 AM EST