NYSE Euronext Business Summary for January 2008

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 transactions1, 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 handled2 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 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. 1 Euronext equities transactions count each buy and sell order as separate transactions, NYSE Group equities transactions count buy and sell orders together as a single transaction. All NYSE Euronext derivatives transactions count buy and sell orders together as a single transaction. 2 Handled shares represent the total number of shares of equity securities internally matched on the NYSE Group's exchanges or routed to and executed at an external market center. NYSE Euronext Monthly Volume Summary - Cash Products     Average Daily Volume   Total Volume   Total Volume (Unaudited) Jan-08   Jan-07   % Chg Jan-08   Jan-07   % Chg YTD 2008   % Chg vs. YTD 2007   Number of Trading Days - European Markets 22 22 22 22 22 Number of Trading Days - U.S. Markets 21 20 21 20 21   European Cash Products (trades in thousands) 1,886 1,047 80.1 % 41,501 23,042 80.1 % 41,501 80.1 %   Equities 1,821 1,001 81.9 % 40,052 22,017 81.9 % 40,052 81.9 % Exchange-Traded Funds 11 5 124.5 % 248 110 124.5 % 248 124.5 % Structured Products 48 35 39.9 % 1,065 762 39.9 % 1,065 39.9 % Bonds 6 7 -11.1 % 137 154 -11.1 % 137 -11.1 %   U.S. Cash Products (shares in millions)2 3,885 2,768 40.4 % 81,580 55,352 47.4 % 81,580 47.4 %   NYSE Listed Issues 1   NYSE Group Handled Volume 2 2,894 2,093 38.3 % 60,780 41,869 45.2 % 60,780 45.2 % NYSE Group Matched Volume 3 2,634 2,006 31.3 % 55,311 40,127 37.8 % 55,311 37.8 % NYSE Group TRF Volume 4 208 - - 4,359 - - 4,359 - Total NYSE Listed Consolidated Volume 4,959 3,034 63.5 % 104,149 60,681 71.6 % 104,149 71.6 %   NYSE Group Share of Total Consolidated Volume Handled Volume 2 58.4 % 69.0 % 58.4 % 69.0 % 58.4 % Matched Volume 3 53.1 % 66.1 % 53.1 % 66.1 % 53.1 % TRF Volume 4 4.2 % - 4.2 % - 4.2 %   NYSE Arca & Amex Listed Issues   NYSE Group Handled Volume 2 454 150 202.0 % 9,540 3,009 217.1 % 9,540 217.1 % NYSE Group Matched Volume 3 390 131 197.6 % 8,197 2,623 212.5 % 8,197 212.5 % NYSE Group TRF Volume 4 85 - - 1,788 - - 1,788 - Total NYSE Arca & Amex Listed Consolidated Volume 1,269 385 229.9 % 26,658 7,695 246.4 % 26,658 246.4 %   NYSE Group Share of Total Consolidated Volume Handled Volume 2 35.8 % 39.1 % 35.8 % 39.1 % 35.8 % Matched Volume 3 30.7 % 34.1 % 30.7 % 34.1 % 30.7 % TRF Volume 4 6.7 % - 6.7 % - 6.7 %   Nasdaq Listed Issues   NYSE Group Handled Volume 2 536 524 2.4 % 11,260 10,475 7.5 % 11,260 7.5 % NYSE Group Matched Volume 3 441 431 2.2 % 9,257 8,629 7.3 % 9,257 7.3 % NYSE Group TRF Volume 4 203 - - 4,257 - - 4,257 - Total Nasdaq Listed Consolidated Volume 2,691 2,253 19.4 % 56,502 45,070 25.4 % 56,502 25.4 %   NYSE Group Share of Total Consolidated Volume Handled Volume 2 19.9 % 23.2 % 19.9 % 23.2 % 19.9 % Matched Volume 3 16.4 % 19.1 % 16.4 % 19.1 % 16.4 % TRF Volume 4 7.5 % - 7.5 % - 7.5 %   Exchange-Traded Funds 1,5   NYSE Group Handled Volume 2 497 204 144.0 % 10,430 4,071 156.2 % 10,430 156.2 % NYSE Group Matched Volume 3 429 183 134.4 % 9,010 3,661 146.1 % 9,010 146.1 % NYSE Group TRF Volume 4 104 - - 2,178 - - 2,178 - Total ETF Consolidated Volume 1,391 465 199.3 % 29,215 9,295 214.3 % 29,215 214.3 %   NYSE Group Share of Total Consolidated Volume Handled Volume 2 35.7 % 43.8 % 35.7 % 43.8 % 35.7 % Matched Volume 3 30.8 % 39.4 % 30.8 % 39.4 % 30.8 % TRF Volume 4 7.5 % - 7.5 % - 7.5 % NYSE Euronext Monthly Volume Summary - Derivatives Products     Average Daily Volume   Total Volume   Total Volume (Unaudited; contracts in thousands) Jan-08   Jan-07   % Chg Jan-08   Jan-07   % Chg YTD 2008   % Chg vs. YTD 2007   Number of Trading Days - European Markets 22 22 22 22 22 Number of Trading Days - U.S. Markets 21 20 21 20 21   European Derivatives Products 4,691 2,912 61.1 % 103,192 64,062 61.1 % 103,192 61.1 %   Total Interest Rate Products 2,926 1,709 71.2 % 64,363 37,596 71.2 % 64,363 71.2 %   Short Term Interest Rate Products 2,829 1,625 74.1 % 62,235 35,757 74.1 % 62,235 74.1 % Medium and Long Term Interest Rate Products 97 84 15.6 % 2,127 1,840 15.6 % 2,127 15.6 %   Total Equity Products 6 1,698 1,164 45.9 % 37,357 25,603 45.9 % 37,357 45.9 %   Individual Equity Products 894 669 33.6 % 19,673 14,727 33.6 % 19,673 33.6 % Equity Index Products 804 494 62.6 % 17,684 10,876 62.6 % 17,684 62.6 %   of which Bclear 393 180 118.0 % 8,647 3,966 118.0 % 8,647 118.0 % Individual Equity Products 268 121 122.3 % 5,895 2,652 122.3 % 5,895 122.3 % Equity Index Products 125 60 109.4 % 2,752 1,314 109.4 % 2,752 109.4 %   Commodity Products 65 37 74.9 % 1,436 821 74.9 % 1,436 74.9 %   Currency Products 2 2 -11.9 % 36 41 -11.9 % 36 -11.9 %   U.S. Derivatives Products - Equity Options 7   NYSE Arca Options Contracts 2,418 1,220 98.3 % 50,786 24,395 108.2 % 50,786 108.2 % Total Consolidated Options Contracts 15,656 9,100 72.0 % 328,781 182,004 80.6 % 328,781 80.6 %   NYSE Group Share of Total 15.4 % 13.4 % 15.4 % 13.4 % 15.4 % 2.0 %     (1) Includes all volume executed in NYSE Group crossing sessions. (2) Represents the total number of shares of equity securities and ETFs internally matched on the NYSE Group's exchanges or routed to and executed at an external market center. NYSE Arca routing includes odd-lots. (3) Represents the total number of shares of equity securities and ETFs executed on the NYSE Group's exchanges. (4) Represents NYSE's volume in FINRA/NYSE Trade Reporting Facility (TRF). (5) Data included in previously identified categories. (6) Includes all trading activities for Bclear, Euronext.liffe's clearing service for wholesale equity derivatives. (7) Includes trading in U.S. equity options contracts, not equity-index options. Source: NYSE Euronext, Options Clearing Corporation and Consolidated Tape as reported for equity securities. All trading activity is single-counted, except European cash trading which is double counted to include both buys and sells.