NYSE remains confident of Euronext deal

A report circulated in Europe has criticized both of Euronext's potential partners: the New York Stock Exchange and Deutsche Bourse. The report, which many will argue is pandering to the European masses, suggests the pan-European Euronext should initially merge with Deutsche Bourse's stock exchange unit and only then consider talks with the Big Board. The NYSE's John Thain told reporters afterward that he remains confident the deal will be consummated. Intriguingly, he suggested the NYSE was interested in exchange companies across Europe, including Deutsche Bourse, but maybe not their other businesses, such as clearing. A report in India says that the NYSE is negotiating a deal with the Bombay Stock Exchange.

For more on the NYSE:
- Here's an AP update
- Previous speed bumps in the deal. Article